The Brexit battle is helping to boost gold's near-term prospects.Euro and pound currency strength is stimulating overseas gold demand.U.S. dollar is also weakening, removing gold's biggest rally obstacle.After yet another setback for Britain's exit from the European Union, the euro currency has staged a rally in recent days. This has been extremely beneficial for the gold price, as we'll s...Read More

Global scrap prices mostly trended upward during the working week from Monday March 11 to Friday March 15, with the exception of prices in Turkey, where lackluster sales of finished steel products limited buying activity during the week. Lackluster finished steel sales in Turkey limit scrap buying US export prices up on bulk sale to Turkey Northern Vietnam mills still hungry for scrap Mixed sentim...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 205,250126,43175,211192,029300,503472,490502,145 Change from Prior Reporting Period 2,62211,82115,48136,29730,77454,40058,076 Traders 19867845056283176 Small Speculators LongShortOpen Interest 57,54027,885530,030 4,31964358,719 non reportable positionsCha...Read More

The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector. They've mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world's biggest gold miners continue to face serious challenges, which often stem from declining production. That makes stock picking more im...Read More

CEO Kenneth Lewis & Chris Waltzek Ph.D. - Download interview -- MP3 fileHighlightsLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!)ONEGOLD Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott. CEO of APMEX and founder of ONEGOLD Inc., Kenneth Lewis return...Read More

Last week I was pleased to attend the Prospectors & Developers Association of Canada (PDAC) conference in Toronto. PDAC is one of the largest mining conferences in the world. More than 25,000 people turned out this year, many of them selling equipment services, exhibiting securities and investments, making presentations and much more. As was the case at the BMO Global Metals & Mining Confe...Read More

By: IRA EPSTEINPrecious Metals Update Video: Gold market is having a problem... biased is down as trend is up:Read More

By Avi GilburtWe are often directed to think that the market reacts in the same manner as Newtonian physics. We believe that a news event which accompanies a market move was certainly the "cause" of that market move. But, how often have we seen markets react in the exact opposite manner in which the substance of the news event suggests?While science has moved away from Newtonian physics, stock m...Read More

Face it, this monster could veer wildly in either direction right now, and even an Einstein could not confidently predict which. My heart's desire is to see the S&Ps plunge into the molten pit of hell by summer. The 2313.00 target shown suggests that, at least from a technical standpoint, this is possible. Presumably, the years-overdue collapse would drive out the crooks who have rigged shares...Read More

The price of gold has flattened and weakened over the last few weeks.Since the uncertainty over the tariff negotiations has ebbed quite a bit, volatility in the gold market has decreased.So where does gold go from here, and what factors are likely to influence the price of the precious metal?By Scott Bauer At a Glance Four factors are moving the precious metal far more than China/U.S. tensions....Read More

The oil bull still managed to score another day of gains yesterday. A meager advance but still an advance, one could say. And be forgiven, as they would not have had examined the full picture. Are we just teasing you now? Come on, there can't be possibly more to the story... There is. The scenario that we wrote about exactly to the day two weeks ago, has come to fruition. The implications are far-...Read More

Brazilian pig iron exporters were bullish this week because of long lead times for material from the south of the country, and resumed sales to the United States from the north of Brazil, Fastmarkets learnt during the week ended Friday March 15.Fastmarkets' weekly price assessment for pig iron exports from the southeastern Minas Gerais region was $336-340 per tonne fob on March 15, up from $334-33...Read More

Newmont Mining (NYSE:NEM) announced Friday that the $245-milion power station project for its Tanami gold mine in northern Australia had been completed.The world's No.2 gold and copper producer, which has fully owned and operated the mine since 2002, said the project included the installation of two power stations, a 66 kV interconnected power line, and a 450 km natural gas pipeline.Newm...Read More

Copper continues to capitalize on the narrowing $0.75 per tonne cash-to-March spread contango, while the three-month contract rises to $6,430 per tonne, up $26 per tonne from the $6,404-per-tonne close on March 14.The three-month copper price seems to be ignoring the significant influx of material into Asian LME warehouses on March 15, with 18,905 lots of material traded during the day's session.N...Read More

When the London Metal Exchange amended its policies related to its physical delivery network a few years ago, it overlooked one key thing. The issue centers on LME's linked load-in/load-out (LILO) rule, which operates by linking the amount of metal a warehouse loads in to the amount it is obligated to load out for warehouses that have queues of over 50 days.The rule changes were part of package of...Read More

Gold spot ($) Rebound expected.   Stay on top of the markets with Swissquote’s News & Analysis   Pivot (invalidation): 1296.00 Our preferenceLong positions above 1296.00 with targets at 1302.00 & 1304.50 in extension. Alternativescenario Below 1296.00 look for further downside with 1293.00 & 1290.00 as targets. Comment The RSI calls for a rebound.   Silver spo...Read More

Ahead of Fastmarkets' Battery Materials 2019 conference in Shanghai, Fastmarkets looks at use of lithium in next-generation vehicles and other battery uses, as well as soaring prices, which have spurred interest in lithium and boosted its importance in recent years as a battery material. In June 2016, the spot price in China peaked at $27 per kg, more than three times the global contract price, ac...Read More

Market Overview There is a slightly more settled look to markets as the weekend approaches. With all of this week’s key Brexit votes in the UK Parliament have passed, it will be interesting to see if sterling begins to settle down. Initially as European traders take over this morning, a degree of selling pressure has taken hold, although this is so far nowhere as severe as other moves earlie...Read More

In contrast to the clear skies outside, a cloud hung over discussions among Indian scrap traders attending the opening session of the annual conference of the Material Recycling Association of India (MRAI) earlier this month in Kochi, southern India.Secretary-general Amar Singh praised the superior air quality in the host city, compared with the metropolises of New Delhi and Mumbai. But delegates...Read More

Investing.com - Prices of the safe-haven gold prices edged up on Friday in Asia even after tensions and uncertainty over Brexit seemed to have eased.On Thursday, British lawmakers voted to seek a delay to the country’s exit from the European Union.The news came after British Prime Minister Theresa May’s Brexit deal suffered a second defeat in the parliament earlier this week. A day lat...Read More