(Updates prices, adds details) * Stronger equities limiting gold's gain - analysts * Fed to release minutes from its Nov. 7-8 policy meeting * Platinum off seven-week lows hit on WednesdayBy Swati VermaBENGALURU, Nov 29 (Reuters) - Gold rose on Thursday afterFederal Reserve Chair Jerome Powell's comments boostedperceptions the central bank would go slow on interest ratehikes next year, while palla...Read More
(Updates with closing prices)By Eric OnstadLONDON, Nov 29 (Reuters) - Copper and other metals extendedgains on Thursday as investors bought riskier assets onspeculation U.S. interest rates may be near a peak, but tradewas thin ahead of Chinese economic data and the G20 summit.Most metals closed higher on Wednesday after the chairman ofthe U.S. Federal Reserve suggested the central bank could benea...Read More
A hidden gem trading under a secret name could be the key to retirement riches.Picture theperfect stock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands...Read More
UK-based Altus Strategies (AIM: ALS, TSX-V: ALTS) announced the discovery of what the company calls "the Simret silver prospect" at its 100%-owned Daro project, located in the Tigray Regional State of northern Ethiopia.In a media statement, the project generator said that Simret showed silver grades that include 944 g/t Ag and 540 g/t Ag, which were taken from rock chip sampling of quartz veins. L...Read More
UK-based Altus Strategies (AIM: ALS, TSX-V: ALTS) announced the discovery of what the company calls "the Simret silver prospect" at its 100%-owned Daro project, located in the Tigray Regional State of northern Ethiopia.In a media statement, the project generator said that Simret showed silver grades that include 944 g/t Ag and 540 g/t Ag, which were taken from rock chip sampling of quartz veins. L...Read More
Published 19 Hours AgoUpdated3 Hours AgoReuters Chris Ratcliffe | Bloomberg | Getty ImagesCanadian maple leafs sit on the faces of one ounce gold coins in this arranged photograph at Gold Investments Ltd. bullion dealers in London, U.K., on Tuesday, July 15, 2014. Gold held steady but pared some gains made early on Thursday as the dollar recovered and minutes from the U.S. Federal Res...Read More
Published 19 Hours AgoUpdated3 Hours AgoReuters Chris Ratcliffe | Bloomberg | Getty ImagesCanadian maple leafs sit on the faces of one ounce gold coins in this arranged photograph at Gold Investments Ltd. bullion dealers in London, U.K., on Tuesday, July 15, 2014. Gold held steady but pared some gains made early on Thursday as the dollar recovered and minutes from the U.S. Federal Res...Read More
All ears were listening to Fed chairman Jerome Powell's comments on monetary policy Wednesday for hints as to whether the central bank would be easing up on its rate hike plans. As explained in yesterday's post, US stocks move into fair-valued territory, stocks are likely to face more downside pressure unless the Fed pulls back on its hawkish path. As it turns out, the Fed chairman suggested that...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), and For Heroes Only are pleased to announce a partnership to create and launch a new subscription-based program.For Heroes Only uplifts and inspires kids to live healthy, thriving and happy lives. By mixing technology, medias, pedagogy and storytelling together into never ending real life adventur...Read More
The American dollar – gold's biggest nemesis – is no the defensive, courtesy of Powell's dovish comments. Still, gold is struggling to beat the resistance if the trendline connecting the Oct. 26 and Nov. 7 highs. Gold is currently trading at $1,222, having clocked a high of $1,227 in the overnight trade. Fed Chair Powell, at 17:00 GMT yesterday, said the interest rates are &q...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into an agreement with CBD Science Processing Corp. (CBD Science) to supply a Portable Extraction and Processing Facility, to be delivered in Q1 2019.The Portable Extraction and Processing facility is self-contained and includes turnkey components from Quadron's portf...Read More
"Goldman Sachs predicts that in 2019 growth in the economy will begin to wane and investors will look to diversify their portfolios. https://t.co/d7fsRbze8Q #Investing #Resource #Gold"Read full newsRead More
"$ARNA - Arena Pharmaceuticals, Inc. (ARNA) CEO Amit Munshi at Evercore ISI HealthCONx Brokers Conference (Transcript) https://t.co/UghoI0TEqZ"Read full newsRead More
Auryn Resources Inc. (TSX: AUG, NYSE American: AUG, "Auryn" recently drilled a 1.5 kilometer gold-bearing hydrothermal system at the Aiviq target. A total of 16 diamond drill holes (4,996 meters) consistently intersected the target structure with the best intercept being 13.5 meters of 1.54 g/t gold (including 6 meters of 3.3 g/t gold) in hole 12 at the southwest margin of the drilling p...Read More
Auryn Resources Inc. (TSX: AUG, NYSE American: AUG, has identified several kilometer-scale targets under copper - gold surface mineralization at its Sombrero project in Southern Peru. The targets identified tend to begin at surface and can continue to a depth of 600 meters, representing more than one substantial opportunity for skarn and porphyry mineralization.Ivan Bebek, Executive Chairman and D...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average saw its biggest gains since March on Wednesday, trading higher for a third straight session, after Federal Reserve Chairman Jerome Powell said interest rates are "just below" neutral for the economy.Tiffany & Co. (TIF) sank 12% after the luxury jewelry retailer cut its growth outlook for full...Read More
Base metal prices were resurgent on the London Metal Exchange on Wednesday November 28, with prices for the entire complex closing higher than their Tuesday levels, with the exception of tin.Tin's three-month price continued to fall over afternoon trading, closing at $18,240 per tonne with just 550 lots traded.Copper prices were buoyed by disruptions to cathode supplies to smelters operated by Eur...Read More
Aben Resources Ltd. (TSX.V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) reported further results from the recently completed drill program at the Forrest Kerr Project. Drilling has extended the mineralized envelope surrounding the 2017 and 2018 high-grade gold discoveries at North Boundary. This round of focused drilling tested for the depth and lateral extension of known mineralized...Read More
Tight supply helped buoy nickel premiums in China although low offers in Europe and the United States pushed briquette premiums down in those regions. Tight nickel supply in China supports market there despite closed import window Influx of briquettes into US pushes premiums lower Aggressive offers in Europe push premium downLimited supply supports Chinese bonded premium The Shanghai-bonded nickel...Read More
Zinc premiums made gains in the Taiwanese and Indian markets on Tuesday November 27 with residual supply not sufficient to appease demand. Lead markets are focused on annual contracts, with US spot market activity diminished for this reason. Zinc premiums rise in Taiwan and India Annual zinc premiums start to settle lower in Europe Lead premiums flat on spot as market eyes annual cont...Read More