(Kitco News) - Gold’s resiliency this week in light of a higher U.S. dollar and hawkish FOMC meeting minutes could mean the precious metal is ready to shine again, according to analysts.As this week is coming to a close, gold is heading for a third straight weekly gain, which marks a significant turnaround following a dismal summer. The December Comex gold futures were last trading at $1,231...Read More

Oct 19 - Iron ore producer Cleveland-Cliffs Inc Chief Executive Officer Lourenco Goncalves slammed Wall Street financial analysts on Friday, saying some of them were an "embarrassment" and did not understand his company's business.Responding to a question by B. Riley analyst Lucas Pipes during the company's quarterly earnings conference call, Goncalves blasted other analysts for what he called the...Read More

"More oversupply rumors? Dispute among #lithium miners reveals water worries in the Chilean Atacama desert $ALB $SQM https://t.co/LfOiPtyGmm via @Reuters"Read full newsRead More

Tesla has finally released a $35,000 Model 3. The only problem? It costs $45,000.Read full newsRead More

President Trump and Chinese President Xi Jinping haveRead full newsRead More

But, on the bright side, weed is legal now, eh?!Read full newsRead More

(Reuters) - U.S. stocks rose broadly on Friday, driven by the consumer staples sector which was helped by Procter & Gamble results, brushing aside growth risk concerns in Europe and political tensions in Saudi Arabia.Consumer goods bellwether Procter & Gamble (PG.N) reported a surprise rise in first-quarter sales, sending its shares up 6.8 percent and boosting the consumer staples .SPLRCS...Read More

SHANGHAI (Reuters) - A Chinese consumer body has criticised iPhone maker Apple Inc over a recent data security issue which impacted a number of consumers in China who said they had suffered financial losses after having their Apple IDs stolen.Apple said earlier this month that an internal investigation had found that a “small number of our users’ accounts were accessed through phishing...Read More

The U.K. has warned that a no-deal Brexit risks London being frozen out of the global diamond trade.Britain is a member of the Kimberley Process, the global certification program used to track and prevent the trade of conflict gems, through its European Union membership. The country will need to apply for its own membership post Brexit, and the government last week warned diamond traders that any...Read More

The U.K. has warned that a no-deal Brexit risks London being frozen out of the global diamond trade.Britain is a member of the Kimberley Process, the global certification program used to track and prevent the trade of conflict gems, through its European Union membership. The country will need to apply for its own membership post Brexit, and the government last week warned diamond traders that any...Read More

HAL has been struggling since its mid-May highsOil name Halliburton Company (NYSE:HAL) is trading up 1.9% at $38.73 today, but the shares have been declining since their mid-May highs. Most recently, HAL touched a two-year low of $35.75 on Sept. 2. More broadly, oil stocks are taking a hit this week on oversupply concerns and a sector-wide bear note out of J.P. Morgan Securities yesterday. Meanwh...Read More

NEW YORK (Reuters) - Stocks rose across the world on Friday with a global index aiming to avoid a fourth consecutive weekly loss, but concerns over Italy’s budget weighed on its stocks and bonds.The benchmark Italian bond yield rose to 4-1/2 year highs and the euro touched a 10-day low before rebounding as the European Union called Rome’s draft budget an “unprecedented” bre...Read More

SINGAPORE/WASHINGTON (Reuters) - The United States and South Korea have suspended upcoming joint air defense exercises to give diplomatic efforts with North Korea “every opportunity to continue,” the U.S. military said on Friday.The Pentagon said the decision to suspend Exercise Vigilant Ace, which had been scheduled for December, was taken by U.S. Defense Secretary Jim Mattis and Sout...Read More

ALROSA, the world's largest diamond mining company, is starting the forth auction this year for the sale of special size rough diamonds (over 10.8 carats) in Vladivostok. The auction will start on October 22, and the results will be announced on November 2.The company is putting for sale 166 gem-quality rough diamonds with the total weight of 2,607 carats, including one fancy colored stone - 12.92...Read More

Chinese markets rallied after yesterday's steep dropThe Dow Jones Industrial Average (DJI) is moving higher into the weekend, boosted by well-received earnings reports from the likes of American Express (AXP) and Procter& Gamble (PG), with PG up 6.8% to lead the blue-chip index at midday. Investors are also breathing a sigh of relief over China, after the country's securities regulator announced n...Read More

Mr. Akiko Levinson reports IRVING RESOURCES SAMPLES HIGH-GRADE FLOAT AT ITS OMU GOLD-SILVER PROJECT, HOKKAIDO, JAPANIrving Resources Inc. has sampled high-grade quartz vein float at its 100-per-cent-controlled Omu gold-silver project in Hokkaido, Japan. While following up stream sediment anomalies (please refer to Irving Resources' news release dated Jan. 3, 2018, for further details), Irving Reso...Read More

Mr. Akiko Levinson reports IRVING RESOURCES SAMPLES HIGH-GRADE FLOAT AT ITS OMU GOLD-SILVER PROJECT, HOKKAIDO, JAPANIrving Resources Inc. has sampled high-grade quartz vein float at its 100-per-cent-controlled Omu gold-silver project in Hokkaido, Japan. While following up stream sediment anomalies (please refer to Irving Resources' news release dated Jan. 3, 2018, for further details), Irving Reso...Read More

"Spearmint Acquires District Size Copper-Gold Project Bordering Serengeti Resources Inc. in British Columbia https://t.co/1zR5ZJPQ6F"Read full newsRead More

SARAJEVO, Oct 19 - A Bosnian regional government will help to keep aluminium smelter Aluminij Mostar running, a minister said on Friday, after heavy debt brought it to the brink of closure.Management at Bosnia's sole aluminium smelter had called for the Bosniak-Croat Federation to intervene after the business was hit by rising alumina and electricity prices.The company sounded the alarm last week...Read More

(Kitco News)- Lottery fever has once againgripped the U.S. as Friday's Mega Millions lottery pushes close to theone-billion dollar mark.As of Friday morning, the jackpothad an estimated value of $970 million with a cash option worth $548 million.The Mega Million's lottery win could buy about 788,617 ounces of gold withprices currently trading around $1,230 an ounce. To put that into perspective,th...Read More