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Polish central budget posts 4.5 bln zloty surplus in Jan-Feb

March 30, 2018 / www.kitco.com

WARSAW, March 30 (Reuters) - Poland's central budget posteda surplus of 4.5 billion zlotys($1.32 billion) in the firsttwo months of 2018, the finance ministry said on Friday.The ministry said in a statement that value added tax (VAT)revenue for the period fell due to the high base from theprevious year. In February alone VAT revenue rose by 12.3percent year-on-year, the ministry said.($1 = 3.4197...Read More

Calls for gold exploration on Warwick Mountain delayed

March 30, 2018 / www.mining.com

Following a request by the Colchester County council, Nova Scotia's Department of Natural Resources delayed issuing a request for proposals for gold exploration in the Warwick Mountain area until early May.The 30,000-hectare terrain between Earltown, Tatamagouche, and Wentworth is considered to have potential for the development of multiple gold mines.But according to local publication The Chronic...Read More

Calls for gold exploration on Warwick Mountain delayed

March 30, 2018 / www.mining.com

Following a request by the Colchester County council, Nova Scotia's Department of Natural Resources delayed issuing a request for proposals for gold exploration in the Warwick Mountain area until early May.The 30,000-hectare terrain between Earltown, Tatamagouche, and Wentworth is considered to have potential for the development of multiple gold mines.But according to local publication The Chronic...Read More

China's yuan to post biggest quarterly rise against dollar in a decade

March 30, 2018 / www.kitco.com

SHANGHAI, March 30 (Reuters) - China's yuan firmed againstthe dollar on Friday and is set to post its biggest quarterlygain in a decade, as the country attracts capital inflows andU.S. trade frictions bolstered expectations of a firmer Chinesecurrency.Taking cues from a firmer mid-point set by China's centralbank, the yuan opened at 6.2870 per dollar in thespot market and was changing hands at 6.2...Read More

ADVISORY-No precious market report on March 30

March 30, 2018 / www.kitco.com

March 30 (Reuters) - There will be no precious market reporton Friday, March 30, as most markets are closed for a holiday.Reuters will resume precious metals coverage on Monday,April 2. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither K...Read More

POLL-China funds slash equity exposure to 18-month low amid trade war fears, boost cash

March 30, 2018 / www.kitco.com

* For an accompanying table, click SHANGHAI, March 30 (Reuters) - Chinese fund managers slashedtheir suggested equity exposure for the next three months to an18-month low amid worries that the China-U.S. trade spat couldbring uncertainties to the world's second largest economy andits capital markets.They cut their suggested equity allocations to 70 percentfrom 76.3 percent a month earlier, accordi...Read More

Gold is forging its best run since 2011

March 30, 2018 / www.bloomberg.com

Gold bulls are finding 2018 offers plenty of reasons to be cheerful.Read full newsRead More

SNAPSHOT-Vietnam dong, gold and interbank rates - March 30

March 30, 2018 / www.kitco.com

HANOI - Here's a snapshot of Vietnamese dong exchange rates in the officialand unofficial markets, indicative SJC gold prices in Hanoi and interbankoffered rates at 0403 GMT. March 30USD/VND mid-point 22,458 USD/VND interbank 22,793/22,797 USD/VND unofficial 22,800/22,815 SJC gold (mln dong/tael) 36.58/36.77 Interbank offered rates Overnight0.5-1.0 1 week 0.7-1.1 1 month1.6-1.9 3 months 2.4-3.1N...Read More

BUZZ-USD/JPY in small bounce in thin holiday-affected trading

March 30, 2018 / www.kitco.com

* USD/JPY on bounce from 106.14 post-Tokyo fix low, to 106.30-35.* Volume very light post-Tokyo fix, quiet likely to continue into New York.* New York unlikely to be upbeat either, many likely out for Good Friday.* Total USD436 mln option expirations between 106.00-10 supportive for now.* Upside likely limited to 106.50 area however, early Tokyo high 106.53.* Nikkei buoyant and supportive, +1.1% a...Read More

FOREX-Dollar stalls after rally, braces for headwinds in new quarter

March 30, 2018 / www.kitco.com

* Dollar stalls as earlier peters out ahead of quarter-end* Major markets closed for holiday, currencies rangebound* Dollar index down more than 2 pct this quarter (Adds details and quotes, updates prices)By Shinichi SaoshiroTOKYO, March 30 (Reuters) - The dollar stalled against itspeers on Friday as the recovery seen earlier this week peteredout ahead of the new quarter, which could potentially b...Read More

Dow Rips Higher, Stocks Get Lift From Tech Bounce - TheStreet

March 30, 2018 / www.thestreet.com

Here Are 4 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and S&P 500 ended the quarter lower, the first time the two indexes had a quarterly decline in nine quarters.Thursday was the first time in three sessions the major averages closed the day in positive territory.TheStreet's Kinsey Grant has all the must-know stats from the first quarter. Check out here....Read More

SDLRC Blog: John Kaiser highlights media articles for April 2018

March 30, 2018 / secure.kaiserresearch.com

Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More

SDLRC Blog: Brooke Clements highlights technical articles for April 2018

March 30, 2018 / secure.kaiserresearch.com

Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More

Gold Struggles for Direction as Dollar Inches Down

March 30, 2018 / in.investing.com

Investing.com - Gold struggled for direction on Thursday, as it struggled to rise from a dampened dollar.Comex gold futures for April delivery slumped 0.15% to a one-week low of $1,322.20 a troy ounce as of 11:40 AM ET (15:40 GMT).The price of the precious metal was lower earlier in the day as the dollar strengthened but sediment was dampened after a flurry of economic data. The U.S. dollar index,...Read More

Britain's FTSE heads for worst quarter since 2011

March 30, 2018 / in.investing.com

(There will be no London-based FTSE report on Friday March 30 and Monday April 2 due to public holidays in the UK.)* FTSE 100 up 0.4 pct* FTSE set for worst quarter since 2011* Cyclicals lead gainsBy Kit ReesLONDON, March 29 (Reuters) - A recovery in cyclical stocks boosted the UK's top share index on Thursday, set for a mildly upbeat end to the FTSE 100's worst quarter in nearly seven years.The b...Read More

Gold Prices Wallow at 1-Week Lows on Stronger Dollar

March 30, 2018 / in.investing.com

Investing.com - Gold prices were wallowing at one-week lows on Thursday, after sharp falls in the previous session on a rally in the dollar after data showing faster U.S. economic growth and hopes for a diplomatic breakthrough with North Korea.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slid $1.3 or 0.1% to $1,323.30 a troy ounce by 04:27 AM ET (08:27...Read More

Global Stocks Edge Higher but Tech Rout, High VIX Levels Keep Markets Cautious - TheStreet

March 30, 2018 / www.thestreet.com

One Hot Market Stat to Know Right Now Just over $12 billion in stock has been sold in new U.S. listings this year, up roughly 33% from a year ago according to Bloomberg data. Via TheStreet's @BrianSozzi Market Snapshot Global stocks edge higher Thursday, pulling U.S. equity futures into positive territory, as investors creep back into risk markets on the the final trading day of a volatile...Read More

ASIAN MORNING BRIEF 30/03: Secondary aluminium market chaotic; mining labor talks could weigh on copper; EU steel safeguards may hurt distributors

March 30, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Friday March 30.Base metals prices on the London Metal Exchange were split into two camps at the close on Thursday March 29, with the market shutting down for a long Easter weekend. Read more here in our live futures report.Here are how LME prices looked at Thursday's close:The European secondary aluminium market is said to be in a sta...Read More

Concentrates exchange Open Mineral hires new head of China, sets up Shanghai office

March 30, 2018 / www.metalbulletin.com

Metal-concentrates exchange Open Mineral has hired a new head of China to set up its office in Shanghai, tapping into one of the world's most significant metals concentrates markets, Metal Bulletin has learned. Wen Wang, former head of China for Cliveden and MRI, has joined the trading platform to oversee the region's business, the company's chief executive officer Boris Eykher told Metal Bulletin...Read More

Gold Prices Wallow at 1-Week Lows on Stronger Dollar

March 30, 2018 / www.investing.com

Investing.com - Gold prices were wallowing at one-week lows on Thursday, after sharp falls in the previous session on a rally in the dollar after data showing faster U.S. economic growth and hopes for a diplomatic breakthrough with North Korea.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slid $1.3 or 0.1% to $1,323.30 a troy ounce by 04:27 AM ET (08:27...Read More

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