Stock futures have swung wildly this morning, suggesting another volatile session could be in store. After falling into correction territory yesterday,Dow Jones Industrial Average (DJI) futures are trading above fair value, and the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are pointed higher. As of yesterday's close, the Dow is on track to post its worst weekly loss since October 2008, while...Read More

Goldman Sachs is upbeat on commodities despite recent weakness,looking for gold to be among the markets that rise. Following financialmarkets, commodity prices sold off sharply over the past week, with the S&PGSCI down 5.6% from the Jan. 26 peak. “This sell-off, however, was less thanthe 10.2% decline in the S&P 500,” Goldman says. “Ironically, the catalystfor the equity...Read More

Goldman Sachs is upbeat on commodities despite recent weakness, looking for gold to be among the markets that rise. Following financial markets, commodity prices sold off sharply over the past week, with the S&P GSCI down 5.6% from the Jan. 26 peak. “This sell-off, however, was less than the 10.2% decline in the S&P 500,” Goldman says. “Ironically, the catalyst for the eq...Read More

WASHINGTON (Reuters) - The budget deal passed by U.S lawmakers early on Friday will alleviate the spending fights that marked President Donald Trump’s first year in office, but sets the stage for a battle over immigration and who is to blame for exploding deficits ahead of November’s congressional elections.In the short term, reducing the risk of government shutdowns could help Trump a...Read More

(Kitco News) - Gold and silver prices are trading not far from unchanged in early morning dealingsFriday. The metals are pausing in keen anticipation of the opening of the U.S.stock market. U.S. stock indexes late Thursday took a nosedive, so many lookfor very volatile trading in the early going Friday, which is likely to spillover into other markets. April Comex gold futures were last down $0.30...Read More

Uranium Energy Corp Acquires the Diabase Project in the Athabasca Basin and Appoints Darcy Hirsekorn as District GeologistCanada NewsWireCORPUS CHRISTI, TX, Feb. 9, 2018Read More

Uranium Energy Corp Acquires the Diabase Project in the Athabasca Basin and Appoints Darcy Hirsekorn as District GeologistCanada NewsWireCORPUS CHRISTI, TX, Feb. 9, 2018Read More

Gold has a strong track-record as a store of value by preserving spending power over long periods of time.Gold investment is typically motivated to hedge risk while return chasing is a large impetus for bitcoin buyers.Gold is a physical asset with demand rooted in consumer and industrial applications beyond its role in the financial system.12Click to enlargeNotes: Read More

(Bloomberg) Adani Enterprises Ltd. can't catch a break.The Indian conglomerate trying to build one of the world's largest coal mines has already had its own funding bid for a rail line stymied by the Queensland state government. Now, a funding proposal for another line that could carry its coal to the coast for export has been canned.Rail operator Aurizon Holdings Ltd., which hoped to build a c...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

The equity markets are under siege and every major sector is in correction territory for the first time in two years. Energy, materials, tech, and financials are getting creamed. Treasury bonds are in a bear market, and gold is running in place but losing ground every day. The safety assets are not offering much security, especially the Treasuries as they get pounded daily with rising rates. For y...Read More

The equity markets are undersiege and every major sector is in correction territory for the first time intwo years. Energy, materials, tech, and financials are getting creamed.Treasury bonds are in a bear market, and gold is running in place but losingground every day.The safety assets are notoffering much security, especially the Treasuries as they get pounded dailywith rising rates. For years go...Read More

* Euro headed for worst week since October* Dollar backs off four-month lows vs yen* Strategists say dollar weakness here to stay despite rally* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Feb 9 (Reuters) - The dollar rose on Friday to extend its recent gains while the euro was headed for its worst weekly performance since Nov. 2016 after the global stock market sell-off squeezed invest...Read More

(Adds details, CEO comment)By Peter HobsonLONDON, Feb 9 (Reuters) - The London Metal Exchange (LME) was likely to make fee cuts permanent on short- and medium-dated carry trades after volumes on those trades rose in January, despite slightly weaker overall turnover, it said on Friday. The LME cut fees on short-dated carries in October and on medium-dated carries in November in a bid to revive vol...Read More

Canada's top uranium producer Cameco (TSX:CCO) (NYSE:CCJ) injected some optimism in the depressed yellow powder market by posting a better-than-expected quarterly profit, on the back of improved prices and its efforts to cut production to ease a current oversupply.Uranium prices have fallen more than 70% since the Fukushima disaster in 2011, remaining low since then as a result of global glut of...Read More

Trump came out and tried to talk up the dollar.While the "bounce" in the USD has been anemic, the precious metals and mining stocks have reacted very negatively.I don't expect this bull market in gold will be derailed because of these statements, but it could remain under pressure for a bit longer.Eventually, inflation and further increases in interest rates will crush the stock mark...Read More

Endeavour Mining has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4 percent this year, its country manager said on Friday.The Canadian company's Agbaou and Ity mines yielded a combined 236,000 ounces of gold last year, and plan to produce 245,000 in 2018.But operations in Agbaou were re...Read More

Endeavour Mining has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4 percent this year, its country manager said on Friday.The Canadian company's Agbaou and Ity mines yielded a combined 236,000 ounces of gold last year, and plan to produce 245,000 in 2018.But operations in Agbaou were re...Read More

* Premiums in India at $1.5/oz vs $2 last week* Premiums in China at $9-$10/oz vs $6-$8 last week By Nithin ThomasPrasad and Rajendra JadhavBENGALURU/MUMBAI, Feb 9 (Reuters) - Physical gold demand in Asia picked up towards the end of the week, as a pullback in prices spurred purchases ahead of the Lunar New Year in China and the wedding season in India.Spot gold has declined about 1 percent so fa...Read More

* Euro headed for worst week since October* Dollar backs off four-month lows vs yen* Strategists say dollar weakness here to stay* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Feb 9 (Reuters) - The euro gained against the dollar on Friday but the single currency was still headed for its worst weekly performance since October after the global stock market sell-off squeezed investors betti...Read More