Gold traded dramatically lower as a direct result of both selling pressure and a stronger U.S. dollar, which began after the conclusion of the three-day holiday yesterday. As of 2:30 PM Eastern standard time, April gold futures are currently down $23.20 (-1.72%) and fixed at $1,333 per ounce. The price decline began modestly as trading resumed on Monday and accelerated into trading overseas last n...Read More

Gold traded dramatically lower as a direct result of both selling pressure and a stronger U.S. dollar, which began after the conclusion of the three-day holiday yesterday. As of 2:30 PM Eastern standard time, April gold futures are currently down $23.20 (-1.72%) and fixed at $1,333 per ounce. The price decline began modestly as trading resumed on Monday and accelerated into trading overseas last n...Read More

(Adds details, activity, updates prices to close)TORONTO, Feb 20 (Reuters) - Canada's main stock index closed lower on Tuesday, following a mixed session, with weakness among gold mining stocks offsetting gains for the energy group.The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE closed down 13.2 points, or 0.1 percent at 15,439.44. Just three of the index's 10 main groups ended lo...Read More

* This week's sales to raise $48 bln in new cash for Treasury* Analysts cautious about 5-, 7-year note auctions* Five-year yield near 8-year peak* Seven-year yield highest since 2011 (Adds historical context on issuance)By Richard LeongNEW YORK, Feb 20 (Reuters) - Some of the U.S. government's short-term borrowing costs rose to their highest level in more than nine years on Tuesday as the governme...Read More

FTSE 100 closes tad lowerBanks lower as HSBC disappointsPound rises on rumour that UK may get 'privileged' access to EU post BrexitWalmart pulls Dow Jones lowerFTSE 100 closed the day near flat, but down a tad, as the premier index was weighed on by disappointing earnings and a stronger pound.The blue-chip index closed down 0.89, or 0.01% at 7,246.The FTSE 250 by contrast gained over 149 points at...Read More

* U.S. sells $28 bln 2-year notes to lukewarm demand* U.S. 5-year yield hits near 8-year peak before supply* Traders await Fed's Jan. 30-31 minutes on rate-hike clues* Wall Street losses stoke safe-haven bids for bonds (Adds context of second biggest weekly issuance in paragraph 2)By Richard LeongNEW YORK, Feb 20 (Reuters) - U.S. Treasury yields rose on Tuesday with the benchmark 10-year yield hov...Read More

BUENOS AIRES, Feb 20 (Reuters) - Argentina's central bank cut interest rates on its short-term securities on Tuesday in its monthly auction, the second straight reduction since the government loosened its inflation targets in late December.The monetary authority sold 411.011 billion pesos ($20.72 billion) in Lebac securities, compared with the 492.878 billion pesos' worth of securities that mature...Read More

Jamaica is more than an island in the Caribbean - it's also a destination for mining investment that investors may want to consider.Read full newsRead More

Cryptocurrency prices were mixed Tuesday, with the No. 1 digital currency in the green, reaching its highest level since Jan. 28. The torrid start to the year for crypto investors is slowly abating, with bitcoinBTCUSD, -4.98% rising to an intraday high of $11,746.23, according to news and research site CoinDesk. The recovery has bitcoin on track to record its sixth daily gain in the past seven s...Read More

(Adds I/B/E/S estimates, fourth-quarter details)Feb 20 (Reuters) - U.S. shale oil producer Concho Resources Inc posted a better-than-expected quarterly profit on Tuesday, helped by higher crude prices, and forecast a 16-20 percent rise in total production for 2018 from a year earlier.The company estimated capital expenditure for 2018 at between $1.9 billion and $2.1 billion, higher than its 2017...Read More

After surging higher on Valentine's Day in the wake of a hotter than expected CPI report, gold prices have consolidated and have formed a bull flag pattern. This is a pause that refreshes higher, and accelerates on an upside breakout. The rebound in stock prices did not seem to effect gold prices, but the surge in bond yields are helping the dollar gain traction which is weighing on gold bar price...Read More

Improved market mood and soft physical demand hurt gold prices. Spot gold now bearish, at least as it holds below 1,335.35. The American dollar continues climbing against the safe-haven metal, despite demand against other currencies receded after Wall Street's opening. The improving mood among equities traders, with indexes bouncing from daily lows, and US Treasury yields holding on to gains...Read More

TORONTO, Feb 20 (Reuters) - Canada's main stock index dipped on Tuesday as a drop in the shares of gold mining companies offset gains for the energy group.The Toronto Stock Exchange's S&P/TSX composite index closed down 13.2 points, or 0.09 percent at 15,439.44. Just three of the index's 10 main groups ended lower. (Reporting by Fergal Smith; editing by Jonathan Oatis) Disclaimer: The views e...Read More

Feb 20 (Reuters) - U.S. shale oil producer Concho Resources Inc reported a profit for the fourth quarter on Tuesday compared with a year-ago loss, helped largely by a $398 million benefit from U.S. tax changes.The company posted net income of $267 million, or $1.79 per share, in the quarter ended Dec. 31, compared with a net loss of $125 million, or 86 cents per share, a year earlier. Total produc...Read More

Tom MilesGENEVA (Reuters) - South Korea has launched a wide-ranging complaint at the World Trade Organization to challenge the U.S. use of anti-subsidy and anti-dumping duties, citing their use on steel and transformers, a WTO filing showed on Tuesday.The United States has 60 days to settle the issue, after which time South Korea could ask the WTO to adjudicate.The complaint targets U.S. trade law...Read More

Stephen Kalin, Marwa Rashad, Tom ArnoldRIYADH/DUBAI (Reuters) - Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.Foreign and local investors have long complained about corruption, and confronting it is an important part of reforms unveiled by Crown Prince Mohammed bin Salma...Read More

The Dow was pressured lower today mainly due to poorly received earnings from blue chip Walmart (WMT), resulting in the index's first loss in seven sessions. It was a similar setup for the S&P 500, while the Nasdaq failed to benefit from a strong rally in tech stocks -- with chipmakers fueling the sector-wide charge after Qualcomm (QCOM) upped its bid for NXP Semiconductors (NXPI). Rising Treasury...Read More

Feb 21 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,940.90.700 NZX 50**8,098.27 -16.98DJIA**24,964.75-254.63 NIKKEI**21,925.1 -224.11Nasdaq**236.544-2.922FTSE**7,246.77 -0.89S&P 500** 2,717.30 -14.92Hang Seng** 30,873.63-241.80SPI 200 Fut 5,877-28.00STI** 3,476.53 -11.35SSEC**3,199.4757 14.52 KOSPI** 2,415.12 -27.70--------------------------------------------------...Read More

(Adds comment, background)NEW YORK, Feb 20 (Reuters) - Sweden's inflation data for January was "disappointingly" weak, one of the central bank's deputy governors said on Tuesday, as policymakers weigh up a possible first hike in interest rates since 2011.Data released earlier on Tuesday showed annual inflation in Sweden last month stood at 1.7 percent, lower than forecast by both policy...Read More

Telson Resources Inc (TSXV:TSN, OTCBB:SOHFF) recently got featured in the monthly publication J Taylor's Gold, Energy & Tech Stocks.Read full newsRead More