2018-11-07 08:01 ET - News ReleaseMr. Edgar Montero reportsCHEMESIS INTERNATIONAL INC. & RAPID DOSE THERAPEUTICS SIGN AGREEMENT TO BRING QUICKSTRIP ORAL THIN STRIPS TO PUERTO RICOChemesis International Inc. and Rapid Dose Therapeutics Inc. (RDT), a Canadian biotechnology company, which provides disruptive proprietary drug delivery technologies designed to improve patient outcomes, have signed an a...Read More

Key data from the Wednesday November 7 pricing session in Europe. Key drivers Recent downward trend in ferro-titanium has finally dragged down scrap prices. The trend started on September 12, when the market was assessed at $5.80-6.05 per kg.There is readily available alloy supply against moderate spot demand, with some buyers booking alloy through year-end. Some traders want rid of stocks to boo...Read More

This a technical look at the prospects for the Palladium price. This analysis was first made available to Patrons who support my work. So to get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat. Technical AnalysisPalladium is clearly in a very strong bull market th...Read More

Latin American steel association Alacero has appointed M??ximo Vedoya as its new president on Wednesday November 7.Vedoya, who is the chief executive officer of Latin American steel group Ternium, will lead the association...Read More

Risk appetite is starting to confuse itself as broader markets struggle to pick a direction on US election results. Heaving US Treasuries and a Greenback in flux is seeing Gold struggle to maintain a firm hold in either direction. Gold has taken some wild swings in early Wednesday's trading session, alternating between spikes to 1,232.00 and drops into 1,223.00 as broader market sentiment wh...Read More

Gold still has support from equity market and political uncertainty.Rising interest rates are keeping a lid on gold prices, however.Latest show of immediate-term weakness in dollar index is constructive.The return of a "risk-on" stance among equity investors and rising Treasury yields continue to weigh against gold in the immediate term. As we'll discuss in today's report, however, not all the new...Read More

Trump is going to influence the US monetary policy or even to destroy the Fed’s independence. This is what many analysts say after the recent President’s comments. But are they right? We invite you to read our careful examination of Trump’s remarks about the Fed’s policy and find out what does it imply for the independence of the US central bank and the gold market. Trump...Read More

On Thursday, Mr. Draghi held a press conference. But the real thunderbolt hit on Monday, when Ms. Merkel announced that she would step down this year as a leader of her conservative party. Will that lighting make gold shine?Draghi Says That We Shouldn’t WorryLet’s start with the latest ECB’s monetary policy statement and the following Draghi’s press conference. In short, th...Read More

The latest news and price moves to start the Asian day on Thursday November 8.Aluminium prices ended higher on the London Metal Exchange on Wednesday November 7 but a 10-year low in zinc inventories failed to boost the metal's price. Read more in our live futures report.Here are how prices looked at the close of trading.The latest round of sanctions imposed by the United States on November 5...Read More

Last month in this space, I penned an essay titled "Are Silver and Gold 'at the Flood'"?. A few weeks later, two other essays on another widely-read site discussed this topic from the same perspective and sourcing – a case of "great minds thinking along similar lines"?Please take time to read or review that Money Metals Exchange Post of August 28.I made the case of a misalignment in the prec...Read More

As we have noted over the many years of the gold sector’s bear market, the gold miners will not rally for real until the real sector and macro fundamentals come into place. Those fundamentals do not include commonly promoted inflation, China/India “love” trades, a US dollar collapse or especially, war, pestilence or any other human misery than economic. The more astute gold bugs...Read More

The latest metal markets news and price moves to start the North American day on Wednesday November 7.Base metals on the London Metal Exchange pushed higher during morning trading, supported by a strong bounce in global equity markets, while the US dollar index lost ground after gains by the Democrats in the US midterm...Read More

Gold falls early in 2018.History tells us to be careful.Gold is waiting for silver to validate its strength.The rate hike is baked inside this gold bar.Levels to watch and a pair of products for short-term trading.The dollar index rose to a new high for 2018 on the final day of October when the December futures contract hit a peak at 96.980. The last time that the dollar traded at a higher level w...Read More

Gold and its miners’stocks have proven rare bastions of strength during recent weeks’ marketcarnage.  They are powering considerablyhigher while nearly everything else burns. The markets’ major sentiment shift is accelerating a young gold upleg,which ought to grow much larger as speculators and investors continue returning.  Their collective gold positioning remain...Read More

Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Wednesday November 7.Base metals prices on the Shanghai Futures Exchange were down across the board during Asian trading hours, as skepticism once again washed over previous positive sentiment brought by Chinese President Xi Jinping's promise to open the country's economy to the world.Che...Read More

   •  The US midterm election results-led USD weakness helps regain positive traction.   •  A fresh leg of a downfall in the US bond yields provides an additional boost.   •  Further gains are likely to remain capped amid the prevalent risk-on mood. Gold quickly reversed a knee-jerk slide to four-day lows and was now seen building on its...Read More

The US$ index is breaking higher. Its trading at 96.41 as we pen this. A daily close above 96.61 marks a new 52-week high and puts the dollar in position to eventually retest its bull market high at 104. If this strength continues then the relief rally in precious metals could be over. So why is that a bullish catalyst for Gold?First, we know that a real bull market is not going to begin until the...Read More

Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal?Only One Notch Above Being JunkItalian drama continues. On Friday, Moody’s, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2 to...Read More

Published 20 Hours AgoUpdated5 Hours AgoReuters Leonhard Foeger | ReutersGold pared some gains on Wednesday but held firm as the dollar slid after the U.S. midterm elections delivered a split Congress and as investors looked ahead to a Federal Reserve meeting for signals on future interest rate hikes.Spot gold was up 0.01 percent at $1,226.53 per ounce having earlier hit $1,235.83, while U.S. gol...Read More

Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the "alarming volumes of red ink" within the shale industry. "...Read More