* Copper marks biggest weekly drop since August * Zinc premium of cash over 3 months highest in over a year (Updates with closing prices)By Eric OnstadLONDON, Nov 9 (Reuters) - Nickel slumped to its lowest pricein nearly 11 months on Friday and other industrial metals slidas speculators unleashed more selling due to worries abouthigher U.S. interest rates and slowing Chinese economic growth.Copper...Read More

(Adds background, details, quotes)ISTANBUL, Nov 9 (Reuters) - Turkey's Treasury will not holdthree of six bond auctionsoriginally scheduled for next week,it said on Friday, after its financing needs decreased due tonew savings measures and strong demand for eurobonds.The move is likely to ease some worries over Ankara'sexternal funding after a currency sell-off earlier this yearsent the lira to a...Read More

Looking ugly below $14.00.Looking great over $14.90.A speculative metal in hibernation.Silver is not following gold.USLV and DSLV can provide explosive short-term returns.The silver market is stuck in a rut. Even though gold broke above its short-term technical resistance, silver has not moved to a level that is outside of its trading range since trading down to the lowest level at $13.91 in mid-S...Read More

ANKARA, Nov 9 (Reuters) - Turkey's lira weakened around onepercent against the dollar to its weakest level of the week onFriday after the U.S. Federal Reserve reaffirmed its stand ontightening monetary policy, causing markets to price in a U.S.December rate hike.The lira has recovered strongly from a plunge toa record low of 7.24 to the dollar in August, triggering heftyinterest rate hikes. Howeve...Read More

* Silver headed for biggest weekly fall since Sept. 7 * Platinum set for worst week since late Sept * Fed holds rates for now, on track to gradually hike them (Updates prices)By Sumita LayekBENGALURU, Nov 9 (Reuters) - Gold dipped on Friday, on trackfor its biggest weekly fall since August, as the dollar rosetowards 16-month highs after U.S. Federal Reserve stuck to itstight monetary stance and lo...Read More

* Europe's STOXX down 0.4 pct * Miners, autos, oil stocks tumble * Thyssenkrupp sinks 9 pct after profit warning* Luxury stocks suffer from weak Richemont results (Updates prices, adds details)By Julien Ponthus and Helen ReidLONDON, Nov 9 (Reuters) - European shares slipped on Fridayas mining and oil stocks sold off and weak results fromThyssenkrupp and Richemont weighed on sentiment.The pan-Europ...Read More

(Adds quotes, background)By Gavin JonesROME, Nov 9 (Reuters) - Deputy Prime Minister Luigi Di Maiosaid on Friday Italy would meet its 2019 deficit target thanksto extra spending cuts, if necessary, adding that the governmentwas committed to remaining in the euro zone.Speaking at a news conference with foreign reporters, Di Maio said his party had reversed its previous anti-euro stancebecause chang...Read More

One private company has been minting millionaires, and it's about to go public.Sensitive details about a potential new IPO have been "leaked" from this secure facility in Pittsburgh, PA...40 of the world's top researchers are working on a breakthrough that could be worth $15 TRILLION. So for anyone who missed out on Google, Facebook or even Alibaba - this is thebest chance to cash in right now....Read More

* Hawkish Fed hits rand * Stocks end week lower, Tongaat dives(Updates levels and quotes)JOHANNESBURG, Nov 9 (Reuters) - South Africa's rand weakenedon Friday in line with emerging market currencies as indicationsthe United States central bank would stay on a policy tighteningpath drained the demand for risk that followed U.S. electionresults.Stocks fell largely due to subdued risk demand globally...Read More

Gold eroded key trendline support in Asia as Fed maintained hawkish guidance Prices fell to $1,219 - the lowest level since Nov. 1. The safe-haven metal is struggling to find takers despite risk aversion in the markets. Gold's price hit an 8-day low of $1,219 in Asia as the Fed reiterated its tightening stance.  The yellow metal eroded trendline rising from the Oct. 9 low and Oct. 31 lo...Read More

By Renita D. YoungNEW YORK, Nov 9 (Reuters) - Weaker gold prices boostedinvestment demand during the third quarter, but gains werecapped by a sell-off in gold-backed exchange-traded funds(ETFs), the GFMS metals consultancy at Refinitiv said on Friday.The price of gold dropped nearly 5 percent in the thirdquarter as investors continued to favor the U.S. dollar andriskier assets during a global trad...Read More

Published 22 Hours AgoUpdated5 Hours AgoReuters Gold fell to its lowest in a month on Friday as the U.S. dollar strengthened after the Federal Reserve reaffirmed its monetary tightening stance, seen as a negative for non-yielding bullion.The Fed held interest rates steady on Thursday but is widely expected to raise interest rates in December - which would be its fourth hike this year - as it point...Read More

* Gold Fields Q3 production falls * Cuts South Deep production guidance * Shares fall more than 5 percent(Adds CEO comment, shares, analyst quote)By Tanisha HeibergJOHANNESBURG, Nov 9 (Reuters) - Shares in Gold Fields fell on Friday after the company reported a 3 percentdrop in third-quarter production, dragged down by a decline inoutput from its last South African asset, South Deep.The mine has f...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average edged higher Thursday after the Fed kept interest rates unchanged but left open the likelyhood of a December rate hike. Square Inc. (SQ)  fell 10% after the payments company issued a fourth-quarter earnings forecast below analysts' expectations.Qualcomm Inc. (QCOM)  sank 8.5% after the...Read More

Base metals on the London Metal Exchange were mostly higher at the close of trading on Thursday November 8, with both zinc and lead futures pushing higher on low LME inventories, while nickel failed to follow the uptrend.Climbing 3.9% over the afternoon, the three-month lead price reached an intraday high of $2,008.50 per tonne, which is 5% higher than its weekly low of $1,905 per tonne on Novembe...Read More

Hydro's Alunorte alumina refinery will continue to run at 50% capacity following a federal court ruling, Fastmarkets understands. The federal court has decided to uphold the decision, previously made by the Para state court, to halt operations of the refinery's DRS2 bauxite residue disposal for environmental reasons. Alunorte has been running at 50% capacity since March following the original deci...Read More

The London Metal Exchange's total average daily volumes (ADV) rose by 15% year on year in October, with aluminium and aluminium alloy sales growing by 40% and 89% respectively. In September, total ADV declined by 3.4% annually. Aluminium ADV showed 40.6% growth with 264,293 lots traded and net stocks reaching 59,525 tonnes. The three-month aluminium price on the LME peaked at $2,267 per tonne on O...Read More

The European molybdenum markets have dropped this week amid quiet business while dealers prepared for more active trading at the Fastmarkets MB ferro-alloys conference in Lisbon, Portugal this weekend, sources said.Fastmarkets MB assessed the price of European drummed molybdic oxide, in-warehouse Rotterdam, at $11.80-12.00 per lb on Wednesday November 7, down from $12.00-12.15 per lb on Friday las...Read More

Hydro's Alunorte alumina refinery will continue to run at 50% capacity following a federal court ruling, Fastmarkets understands. The federal court has decided to uphold the decision, previously made by the Para state court, to halt operations of the refinery's DRS2 bauxite residue disposal for environmental reasons. Alunorte has been running at 50% capacity since March following the original deci...Read More

Cobalt demand from the consumer electronics industry will continue to grow, with no shift away from lithium-cobalt-oxide (LCO) batteries on the cards, according to battery manufacturer ATL's procurement director, Xu Shihui. "The price of cobalt has been fluctuating and there have been questions about whether cobalt can be substituted by nickel, but for consumer electronics the direction is LCO bat...Read More