Equities got clobbered on Wednesday and this morning we are seeing some follow-through to the downside. Gold and silver rallied on Wednesday but not as much as you would have thought based on the trashing of equities. However, both are joining the Jeffersons this morning and are “moving on up.” As we have written many times, we don’t look at gold as a safe-haven play; we look at...Read More

(Kitco News) - Gold finds its legs after the crush in global equity markets yesterday. The rising yields with the uncertainty of the trade war with China became too much for equity investors and the herd headed for the exits. The scenario suggests that it was a safe haven play, but generally when equities collapse the first move for gold is lower, as investors raise cash to meet margin calls. This...Read More

Equities got clobbered onWednesday and this morning we are seeing some follow-through to the downside.Gold and silver rallied on Wednesday but not as much as you would have thoughtbased on the trashing of equities. However, both are joining the Jeffersonsthis morning and are “moving on up.”As we have written many times, wedon’t look at gold as a safe-haven play; we look at it as...Read More

(Kitco News) - Gold pricesare solidly higher and back above $1,200.00 in early U.S. trading Thursday, onsafe-haven demand amid steep sell-offs in world stock markets that have spookedtraders and investors around the globe. A very tame U.S. inflation report isalso boosting the metals markets. And a lower U.S. dollar index today is alsoworking in favor of the precious metals bulls. December gold fu...Read More

(Kitco News) - Barrick Gold Corp. (NYSE, TSX: ABX) late Wednesday reported thatproduction of both gold and copper rose in the third quarter from the secondand also reiterated its output guidance for 2018.The world’s largest gold-mining company, which last month agreedto purchase Randgold Resources Ltd. in an all-stock deal, listedJuly-September output of 1.15 million ounces of gold and sales...Read More

While gold and the related exchange traded funds are struggling this year, some investors remain fond of the yellow metal and some ETF issuers are rewarding that faith with lower expenses. Upstart ETF issuer GraniteShares announced a new, reduced annual expense ratio for the GraniteShares Gold Trust BAR, -0.38% BAR debuted in August with an annual fee of 0.20 percent, or $20 on a $10,000 investmen...Read More

(Updates with closing prices)By Peter HobsonLONDON, Oct 11 (Reuters) - Industrial metals prices fell onThursday, caught by a global stock market sell-off, with leadhitting its lowest in more than two years, but the market hadmostly recovered by the close of trading.Benchmark LME lead sank to its lowest sinceSeptember 2016 at $1,876 but ended the session 4.7 percenthigher at $1,999 per tonne. Alumi...Read More

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A Canadian company focused on develop mining technologies and robotics for the resource sector is partnering with Moon Express, the first American private space exploration firm to have been granted government permission to travel beyond Earth's orbit, on future opportunities in outer space.Northern Ontario-based Deltion Innovations will help Florida-based Moon Express collect, process, store a...Read More

* European stocks hit 21-month lows following Wall St slump * Holdings in SPDR Gold Trust rise for first time since July (Adds quotes, updates prices)By Sethuraman N RBENGALURU, Oct 11 (Reuters) - Gold rose more than 1 percentto near three-week highs on Thursday, climbing above $1,200 perounce as sliding global stock markets prompted risk-waryinvestors to seek out the metal, with a weaker dollar a...Read More

BERLIN, Oct 11 (Reuters) - The trade dispute between theUnited States and China is having an impact on global andtherefore euro zone growth, German Economy Minister PeterAltmaier said on Thursday.Speaking at a news conference to present the government'sdownwardly revised growth forecasts, Altmaier said that Berlinand its European allies wanted to safeguard the rules-based freetrade order by reform...Read More

Gold is in its medium-term downward trend, driven by a strong US dollar and weak treasury note prices.These days the speculators trading US dollar futures are extremely optimistic about the US currency.On the other hand, the speculators trading US treasury notes futures are extremely pessimistic, heavily betting on lower prices. What is more, they demonstrate the highest pessimism in modern histor...Read More

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed medical cannabis industry, announces that its investee company ezGreen Compliance ("ezGreen") which provides a state-of-the-art enterprise compliance and point-of-sale (POS) software solution for licensed medical cannabis dispensaries and cultivators, has expande...Read More

Canada's Leagold Mining (TSX:LMC) has had to temporarily shut down its Riacho dos Machados (RDM) mine in Brazil as a result of continued drought conditions in the country's Minas Gerais State.The Vancouver-based miner said it planned to resume operations in early December, with the commissioning of the grid powerline project.RDM was closed in August last year and restarted, on an intermittent basi...Read More

Canada's Leagold Mining (TSX:LMC) has had to temporarily shut down its Riacho dos Machados (RDM) mine in Brazil as a result of continued drought conditions in the country's Minas Gerais State.The Vancouver-based miner said it planned to resume operations in early December, with the commissioning of the grid powerline project.RDM was closed in August last year and restarted, on an intermittent basi...Read More

Canada's Leagold Mining (TSX:LMC) has had to temporarily shut down its Riacho dos Machados (RDM) mine in Brazil as a result of continued drought conditions in the country's Minas Gerais State.The Vancouver-based miner said it planned to resume operations in early December, with the commissioning of the grid powerline project.RDM was closed in August last year and restarted, on an intermittent basi...Read More

Get ready for an influx of pot stock profits.On October 17th, marijuana will be 100% legal in Canada.That's sparking a new wave of IPOs. And shares could surge 501% - 1,364% in the coming weeks - just like the recent weed stock IPOs.One investor's research has uncovered a secret way to access red hot IPO shares.Click here right now for details on this urgent trading situation.Canada is the first c...Read More

Christopher Lewis21 hours agoSilver markets pulled back to kick off the day on Wednesday, but it looks as if there are buyers willing to step in to this marketplace and perhaps go long. The $14.45 level above has been short term resistance, so it would make sense that we would attempt to get to that area. Silver markets continue to be very noisy, as there are a lot of moves around the world involv...Read More

JOHANNESBURG, Oct 11 (Reuters) - The South African randfirmed against the dollar on Thursday after the greenback wasjolted by the worst fall in U.S. stocks in nearly eight months. * The rand was 0.71 percent stronger at 14.6750 perdollar at 0650 GMT, having closed in New York at 14.7800. * The rand is expected to trade between 14.6000 and 14.9000to thedollar on Thursday, NKC African Economics wrot...Read More

Canada's Barrick Gold Corp, which recently announced a $6.1 billion deal to acquire Randgold Resources Ltd, affirmed its 2018 gold and copper production forecast on Wednesday, reflecting improvements in operations.Citing preliminary data, Barrick said its 2018 effective tax rate was expected at about 48 to 50 percent, up from a previous forecast of 44 to 46 percent, because of lower-than-expected...Read More