(Reuters) - T-Mobile US Inc’s TMUS.N Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp (S.N) will close as early as the first quarter of 2019.T-Mobile, majority owned by Deutsche Telekom AG (DTEGn.DE), agreed in April to buy wireless carrier Sprint and the deal was initially expected to close in the first half of 2019.The Federal Communi...Read More

SINGAPORE (Reuters) - U.S. President Donald Trump didn’t make it to this week’s summit of Asian nations in Singapore, but his influence was still keenly felt among the leaders who gathered in the city.One prime minister warned that the trade war between Washington and Beijing could trigger a “domino effect” of protectionist steps by other countries. Another fretted that the...Read More

Gold bulls are fighting for control, but currency weakness remains.Gold's fear component shows signs of improving, however.The end of the stock market correction should bode well for gold.In recent reports, we've discussed the lack of safe-haven demand for gold. Indeed, this has been a serious concern for its short-term outlook since gold typically needs a certain amount of fear in order to ra...Read More

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Friday he will order his cabinet to compile a second extra budget for the current fiscal year after returning to Japan.Abe made the remark at a news conference in Darwin, Australia, which was televised by public broadcaster NHK.Reporting by Tetsushi Kajimoto and Kiyoshi Takenaka; Editing by Nick Macfie Disclaimer: The views expressed in...Read More

Palladium priceshit a record high Thursday and at one point were within $30 an ounce of gold,Commerzbank says, although the spread has since widened again. Nevertheless,palladium’s recent gains may have been “excessive,” Commerzbank says. “We attribute the price surge - which happened very quickly -to buying on the futures market, as the trading volume yesterday was twice a...Read More

Palladium prices hit a record high Thursday and at one point were within $30 an ounce of gold, Commerzbank says, although the spread has since widened again. Nevertheless, palladium’s recent gains may have been “excessive,” Commerzbank says. “We attribute the price surge - which happened very quickly - to buying on the futures market, as the trading volume yesterday was twi...Read More

(Kitco News) - Gold pricesaresolidly higher and setting new daily highs in early U.S. trading Friday, on safe-havendemand as U.S. stock indexes are pointed toward lower openings when the NewYork day session begins. The U.S. dollar index is also selling off and hittingits session low, further supporting buying interest in the precious metalsmarkets. December gold futures were last up $9.60 an ounc...Read More

(Kitco News) - Gold prices are solidly higher and setting new daily highs in early U.S. trading Friday, on safe-haven demand as U.S. stock indexes are pointed toward lower openings when the New York day session begins. The U.S. dollar index is also selling off and hitting its session low, further supporting buying interest in the precious metals markets. December gold futures were last up $9.60 a...Read More

RYE, N.Y. -- (Business Wire)The Board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the "Fund") approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees announced cash distributions of $0.05 per share for each of January, February, and March 2019.The distribution for January 2019 will be payable on January...Read More

RYE, N.Y. -- (Business Wire)The Board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the "Fund") approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees announced cash distributions of $0.05 per share for each of January, February, and March 2019.The distribution for January 2019 will be payable on January...Read More

LONDON (Reuters) - British Prime Minister Theresa May was fighting for survival on Friday after a draft divorce deal with the European Union provoked the resignations of senior ministers and calls for a vote of no confidence in her leadership.More than two years after the United Kingdom voted to leave the EU, it is still unclear how, on what terms or even if it will leave the EU as planned on Marc...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Likea gymnast, gold stuck a perfect landing as it tumbled from the $1,240 level,holding the $1,200 support level the last few days. The pattern for goldremains solid, although the selling before the landing was ratheruncomfortable.Tradersand investors look to the news for reasons to buy or sell when the simple truthis all the news plays out in the chart long before it ever hits the mainstream.The...Read More

Like a gymnast, gold stuck a perfect landing as it tumbled from the $1,240 level, holding the $1,200 support level the last few days. The pattern for gold remains solid, although the selling before the landing was rather uncomfortable.Traders and investors look to the news for reasons to buy or sell when the simple truth is all the news plays out in the chart long before it ever hits the mainstrea...Read More

I’m back and it appears so is theprice of gold. After violating a couple of our key levels, gold held the mostimportant level of $1,200. It was a scary time with gold going through $1,200but managing to close above. The support held, clearing the way for a move backto $1,240 and then $1,275.Many of you expressed concernwhen gold was violating $1,220. My comments were the same -- “don&r...Read More

Technical Weekly: The sideways consolidation continued although the market managed to post a significant low at 1160 in mid-August. Levels close to the 78.6% pullback level of 1175 found buyers. This weeks’ price action is forming a bullish hammer. Price action looks to be forming a bottom. Daily: The selloff from 1243 has stalled at the 78.6% Fibonacci retracement (1194). This completed an...Read More

   •  The precious metal traded with a mild positive bias for the fourth consecutive session on Friday, albeit seemed struggling to build on its positive move beyond the $1216-17 strong resistance.     •  The mentioned hurdle, representing 50% Fibonacci retracement level of $1237-$1196 recent downfall and nearing 200-hour SMA, has been capping the up-mo...Read More

Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More

Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More