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

Bob Moriarty ArchivesNov 2, 2018Nexus announced some drill results a week ago that may have confused investors. The results were actually quite good. But they will be announcing a lot more drill results shortly and when they do investors will have far more of a chance to judge the company.I've been to Burkina Faso 3-4 times [I used to bring giraffes back for Barb] and it is one of the better count...Read More

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

WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said on Friday the United States expected to issue eight exemptions to countries importing Iranian oil.Pompeo said the exemptions would be temporary.Reporting by Lesley Wroughton and Susan Heavey; Editing by Susan Thomas Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc....Read More

Adam HamiltonArchivesNov 02, 2018 The gold miners' stocks suffered a rough late summer this year. A rare forced capitulation walloped them to deep new lows, short-circuiting their usual autumn rally. That's left this sector anomalously low as the subsequent winter rally gets underway, gold stocks' strongest seasonal surge of the year. Starting from beaten-down levels after skipping the prior seaso...Read More

Key data for the pricing session for the week ending Friday November 2.China Domestic ferro-chrome spot prices dropped as the influence of lower tender prices permeated into the market.UG2 chrome ore prices fell with buyers remaining cautious in expectation of lower prices in the near future.A...Read More

(Reuters) - U.S. stock index futures were higher on Friday on hopes the United States and China would begin efforts to resolve their trade dispute, but gains were capped by a strong monthly jobs data that raised concerns of faster interest rate hikes.The Labor Department report showed U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in nine-and-half years,...Read More

WASHINGTON (Reuters) - A senior Trump administration official on Friday dismissed as untrue a media report that U.S. President Donald Trump was readying a possible trade deal with China, a CNBC reporter said in a post on Twitter.“There is a long way to go,” on negotiations, the unnamed official told CNBC’s Eamon Javers, according to his tweet.Earlier on Friday, Bloomberg, citing...Read More

A massive backwardation on copper forward price spreads on the London Metal Exchange has collapsed after market tightness was eased by a delivery of 44,950 tonnes of metal into exchange sheds, Fastmarkets heard on Friday November 2.On-warrant LME warehouse stocks were up by 78% on Friday to 102,600 tonnes. Thursday's 57,000 tonnes was the lowest inventory level since August 2005.The delivery was t...Read More

Fred Imbert| @foimbert Published 16 Hours AgoUpdated5 Hours AgoCNBC.com show chapters Stocks pare losses on Trump's optimism for trade deal with China   6 Hours Ago |01:45 Stocks traded in a wide range on Friday as investors digested different comments and reports on global trade, while Apple shares dented the broader tech sector.The Dow Jones Industrial Average closed 109.9...Read More

CloseGain/LossOn WeekGold $1233.10-$0.10-0.07%Silver$14.75+$0.01+0.34%XAU67.19UNCH+3.10%HUI149.44-0.20%+3.31%GDM546.24+0.37%+2.92%JSE Gold1133.17-6.35-6.63%USD96.45+0.18+0.10%Euro113.95-0.16-0.22%Yen88.41-0.46-1.13%Oil$63.14-$0.55-4.03%10-Year3.215%+0.076+4.42%Bond137.15625-1.28125-1.59%Dow25270.83-0.43%+2.36%Nasdaq7356.99-1.04%+2.65%S&P2723.06-0.63%+2.42% The Metals: Gold chopped in a rel...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort168,754155,56091,460165,857197,062426,071444,082Change from Prior Reporting Period -23,824-7,63017,5102,443-12,872-3,871-2,992Traders17593885651274194 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,87030,859474,941 980101-2,891 non reportable positionsChange fr...Read More

After a volatile month, which is being called "Red October," our latest video update was released and we considered the sharp fall in stock markets globally, falling property markets in the UK and Australia and gold's safe haven gains in all currencies.Gold acted as a hedge in all currencies in October, rising 1.7% in dollars, 4.4% in euro terms and 4.2% in sterling terms. Bitcoin and other c...Read More

(Kitco News)- The gold market is seeing a little selling pressurefollowing stronger than expected U.S. employment data.The Bureau of Labor Statistics said 250,000 jobs werecreated in October, economists were expecting to see job gains of around 194,000. At the same time the unemployment rate was unchanged at 3.7%,in line with expectations. The unemployment rate is at its lowest level since 1969.Go...Read More

WASHINGTON (Reuters) - The U.S. trade deficit rose to a seven-month high in September as imports surged to a record high amid strong domestic demand, offsetting a rebound in exports.The Commerce Department said on Friday the trade gap increased 1.3 percent to $54.0 billion, widening for a fourth straight month. Data for August was revised to show the trade deficit rising to $53.3 billion instead o...Read More

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

LOS ANGELES (Reuters) - In January, President Donald Trump fired the opening shot of his trade war, slapping tariffs on solar panel imports to boost U.S. manufacturing of a product long dominated by cheap foreign competition.But other duties his administration has imposed since then are making the solar panel components more expensive - dampening the domestic panel manufacturing sector’s ini...Read More

WASHINGTON (Reuters) - U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in 9-1/2 years, pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December.The Labor Department’s closely watched monthly employment report on Friday also showed the unemployment rate steady at a 49-year low of 3....Read More

Cobalt trade log including business, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Metal Bulletin prices Click here for Fastmarkets MB's price assessment for low-grade cobalt, in-warehouse, $ per lb Click here for...Read More

Alloy steel scrap prices followed divergent trajectories this week in Europe and the UK as a result of differing market fundamentals. In Europe, 18/8 scrap solids prices fell amid poor demand, while grade-316 solids prices edged higher because of very tight supplies. In both cased, however, market activity has been very slow and price movements were only marginal. Fastmark...Read More