Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

Quartz carbonate vein breccia with pyrite and chalcopyrite from the first ever drill hole on the Cole Target, KH18-18Metallis Resources Inc. [TSX-V: MTS; OTCQB: MTLFF] is pleased to announce the second set of assay results from the Company's 2018 drilling program at its 100%-owned Kirkham Property in the prolific Golden Triangle of northwest British Columbia. The first ever drill program at the Co...Read More

The price of oil remained soft this week.Data from the EIA released Wednesday showed American crude inventories unexpectedly increasing to a one-year high.The market had actually expected a decline in inventories. Wednesday's data marks the 10th consecutive weekly increase in U.S. oil stocks and frightened off investors, pushing prices down to just $50 per barrel yesterday.Of course, OPEC was ther...Read More

Fastmarkets MB will change the names of its benchmark in-warehouse Rotterdam price assessments from January 2019. From January 2019, the name 'standard-grade' will replace the name 'low-grade'. The name 'alloy-grade' will replace the name 'high-grade'. The last date prices will be published under the names 'low-grade' and 'high grade' will be Friday December 28. Prices will be published under thei...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Domestic prices for coated-steel coil products in Turkey have increased slightly in the week ended Friday November 30 after producers ceased offering discounts, with local Turkish demand remaining limited.The local Turkish market has been slow for a long time. The initial reason was the weakening of the Turkish lira, which fell to a low of 10TRY to $1.44 on August 13, before staging a steady recov...Read More

INK CEO Ted Dixon remains skeptical that a meaningful floor has been established for stocks this fall. On the other hand, a bullish set-up for gold stocks is continuing. Those were the key takeaways from his latest interview with Jim Goddard published Thursday night.As for the broad market, INK is looking for four key signposts to confirm stocks are likely poised to move higher. At this point onl...Read More

In his latest interview with Jim Goddard, economist Mish Shedlock suggests that the best outcome of the Trump-Xi dinner summit this weekend would be a minor deal that holds off on new tariffs for a while. However, the soft but outspoken economist doesn't expect a deal.My own expectation is there is no dealMish goes on to suggest that Trump is determined to raise tariffs on China and cars, and tha...Read More

Domestic and import prices for steel coil products in Turkey have shown different trends this week with demand being affected by a variety of factors, sources told Fastmarkets on Friday November 30."I believe prices have reached bottom. We may see slight rises or falls in the next few months, but no sharp falls are expected," a source said.Fastmarkets' weekly price assessment for Turkish domestic...Read More

China hot-rolled coil exporters continued to drop their offer prices, forced by overseas buyers who have been refraining from buying on bearish sentiment.DomesticEastern China (Shanghai): 3,590-3,610 yuan ($517-520) per tonne, up 10 yuan per tonneNorthern China (Tianjin): 3,470-3,480 yuan per tonne, down 20 yuan per tonneAlthough prices in eastern China picked up a bit on Friday as some downs...Read More

Demand for steel in the Middle East is expected to increase marginally over the next five years, mainly because of big construction projects, professionals from across the sector told Fastmarkets in a survey before the 22nd Middle East Iron & Steel Conference to be held in Dubai this December.Infrastructure construction is going on in the United Arab Emirates related to the Dubai Expo 2020 exhibit...Read More

China's rebar prices dropped in both the domestic and the export markets on Friday November 30, amid low trading activity. Domestic Eastern China (Shanghai): 3,800-3,830 yuan ($547-551) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,520-3,550 yuan per tonne, down 10 yuan per tonneLow rebar futures prices led to little buying interest in the domestic market, pushing down prices. Stock...Read More

 CloseGain/LossOn WeekGold $1221.70-$2.20-0.09%Silver$14.17-$0.13-0.49%XAU64.46-0.52%-1.24%HUI145.04-0.93%-1.88%GDM531.74-0.56%-1.54%JSE Gold1098.81-25.26-3.68%USD97.19+0.41+0.29%Euro113.20-0.69-0.08%Yen88.21-0.09-0.62%Oil$50.93-$0.52+1.01%10-Year3.002%-0.027-1.22%Bond140.71875+0.59375+0.49%Dow25538.46+0.79%+5.16%Nasdaq7330.54+0.79%+5.64%S&P2760.16+0.82%+4.85%  The Metals: ...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebar East China, domestic, grade...Read More

By Ira EpsteinThe outcome of the G-20 Meeting will determine metal prices come Sunday night.https://www.iraepstein.com/ Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort156,779154,90865,544172,358188,458394,681408,910Change from Prior Reporting Period -8,727-1,702-49,840-28,901-35,941-87,468-87,483Traders139101865152239199 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,12033,891442,801 4,3294,344-83,139 non reportable positionsC...Read More

By Marin KatusaOne of the biggest stories in the resource sector this year is how well Australian gold stocks have performed.They've absolutely crushed their peers in the western hemisphere.Below is a chart which shows the huge out performance of the Australian gold producers over their North American listed cohorts. You can see the gap in returns is very wide.While the gold market has been lous...Read More

By David Brady, CFAThe Fed was notably more dovish in its tone this week. On Wednesday, Fed Chair Powell warned of "generally elevated" asset prices. But then he followed that with: "The resulting drop in asset prices might be particularly large, given that valuations appear elevated relative to historical levels." We also got the headline: "Fed warns that a 'particularly large' plunge in market...Read More

The junior gold miners' stocks have spent recent months mostly languishing near major multi-year lows. That spawned a sentiment wasteland riddled by bearishness and bereft of bids. But these companies' battered stock prices aren't fundamentally righteous, as proven yet again by their latest earnings season. Faring far better in a challenging third quarter than stock prices imply, they need...Read More

HighlightsIn Part I. of this discussion with Bob Hoye of Institutional Advisors includes a startling sea change in attitude towards the PMs sector. After years of bearishness, Bob Hoye announced the potential for an epic GOLD RUSH on the horizon in the PMs sector, in particular, the mining shares.Lower expenses and deflation in typical shares enhance their appeal of PMs equities to the benefit o...Read More

Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) joins the show from his vacation office in tropical Crypto-Rico, where air conditioning service, not heating is the chief concern today. Key takeaway - gold is building a base that will likely culminate in new record prices, from $2,000 - $5,000 and under extreme conditions, $10,000+.Part I. of the talk in...Read More