Technical analyst Clive Maund tracks movements in the platinum, gold and silver markets.It was a very good day for the metals Friday, as they rose sharply in response to the dollar going into reverse after a sizable run-up. A very significant development was that platinum broke out of its Head-and-Shoulders bottom on strong volume, a move which we had expected that marks the start of a bull market...Read More

Gold is the metalof kings, the ultimate money, an eternal store of value, an untarnishableembodiment of beauty. Gold is all those things. But it is not the most valuablemetal you can own on a cost-per-ounce basis.Often, platinum commands a higher price than gold.Lately, platinum has traded at an abnormally large discount to the yellowmetal. Metals investorswho want to hold the most concentrated we...Read More

 CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25%  The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the...Read More

 CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25%  The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the...Read More

By RambusTonight I would like to update some of the charts we've been following for some of the SPX that had a wild October to say the least. For whatever reasons October has a lot of volatility which can lead to some important lows and in a few cases a crash which is rare. This past October shaped up similar to many of the previous Octobers we've seen since the bull market began in 2009.This we...Read More

As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More

US mid-term elections are behind us. Surprisingly, both parties won! How is it possible? Let's read our article and find out! We will also explain what the election results imply for the world and the gold market. Democrats Win The elections were very interesting. We provide you with the key takeaways, focusing on the possible implications for the precious metals. First, Democrats took control...Read More

In today's update we look at yet another 'Punch and Judy' American election farce which once again ignored the 'Elephant in the room' - the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis.We briefly look at the outcome of the elections, how markets have reacted in the short term and more importantly the long term outlook for markets and the dollarWe ex...Read More

Ted says it's hard to see how there wouldn't be a resolution to the ongoing price manipulation in the "immediate future". Here's more...by Ted Butler via SilverSeekTuesday's announcement by the Department of Justice of a guilty plea by a former trader of JPMorgan for systemic "spoofing" and price manipulation of gold, silver, platinum and palladium traded on the COMEX and NYMEX futures exchanges...Read More

In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground-electromagnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium project in Saskatchewan.Cameco owns 39.5% of the project in the province's Patterson uranium district, with...Read More

Polished trading slow as Indianmarket shuts for Diwali. Dealers focused on US orders ahead of holiday season,but hoping for boost from China's 11/11 Singles' Day. Alibaba expanding diamondand jewelry platform, enabling Belgian and Israeli suppliers to sell directlyto consumers. US e-commerce expected to rise 15% in Nov.-Dec. Rough tradingcautious ahead of De Beers sight as manufacturers hold large...Read More

Market very quiet, with most businesses closed for Diwali. Factoriesexpected to stay shut for two to four weeks, as dealers are stuck with largeinventories over the break. Jewelers report encouraging sales during thefestival, boosted by lower gold prices due to weak rupee. RoundRead More

RAPAPORT... The diamond and jewelry trade tends to be reactive rather than proactive. That was clear during the recent conference season, with the World Federation of Diamond Bourses (WFDB), the International Diamond Manufacturers Association (IDMA), the World Jewellery Confederation (CIBJO) and the World Diamond Council (WDC) all holding their annual meetings in October. Much of the discussion, a...Read More

RAPAPORT... Alrosa has reduced its full-year sales outlook amid weakerdemand for small stones in the second half, the miner said Thursday. The company expects to sell 37 million to 38 million caratsthis year, down from the 39 million to 40 million carats it forecast in June. The miner has seen a shift to higher-value diamonds thisyear as the smaller categories performed less positively. Revenue g...Read More

(IDEX Online) - ALROSA, the world's leading diamond miner in volume terms, has revised downwards its guidance for 2018 sales to 37 million-38 million carats due to weaker demand for small-size rough diamonds in the second half of this year.   The key highlights for the first nine months of this year are:   Revenue increased by 11% on the back of higher price index and average diam...Read More

RAPAPORT...  The future of US manufacturing is the focus of RapaportMagazine's November cover feature, with interviewees from across theindustry lending their views on the matter. US companies are increasingly sending work to overseasmanufacturers for cost reasons. Reversing that trend requires a multi-prongedapproach, jewelers say. "Bringing manufacturing back to the United States ispossible...Read More

(IDEX Online) - The American Gem Society (AGS) has announced its keynote and featured speakers for its annual Conclave to be held in Seattle from April 8-10.   This year's lineup includes:   Monday: The Opening Session lunch kicks off with Dan Thurmon, a speaker, author, and performer. Dan is president of Motivation Works, Inc. and author of Success in Action. His presentation juxtaposes...Read More

Tsodilo Resources has received the results of an independent modelled grade and diamond value for an aggregate 77.94 ct parcel of 502 commercial size diamonds.These were recovered during large diameter drilling (LDD) from four kimberlite units at the BK16 kimberlite pipe, in the Orapa Kimberlite Field (OKF), in Botswana.AdvertisementThe current LDD sample average price is $176.44/ct, derived from...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points in pre-opening trade.Investors are awaiting interest rate news from the FOMC meeting at 2:00 PM EST. Consensus calls for no change in the Fed Fund rate including indications of a likely increase following the next meeting in December. Index futures were virtually unchanged following release of the Weekly Jobl...Read More

This midterm election season seems like it lasted forever. There was certainly no shortage of ads, media dissections of every sound bite they could get their hands on and more than enough negativity to go around.We all know the outcome. The Democrats took the House, while Republicans kept control of the Senate and even expanded their majority.That means even though the Democrats won the House, the...Read More