Shares in gold miner Centamin (TSX:CEE) (LON:CEY) shot up more than 6% Wednesday after the company published fourth-quarter results that slightly exceeded full-year production guidance, and vowed to lift output again in 2018.The Egypt-based company generated 544,658 ounces of gold in 2017, compared to the expected 540,000 ounces. Centamin is now targeting 580,000 ounces in production for 2018, up...Read More
Gold prices edged lower for a second session early on Wednesday, as a rally in equities and a surge in U.S. treasury yields dented bullion's safe-haven appeal.Read full newsRead More
U.S. aluminum products makers sought new trade protections against Chinese imports on Tuesday, accusing China Zhongwang Holdings Ltd and its affiliates of evading U.S. anti-dumping and anti-subsidy duties by shipping aluminum products through Vietnam.Read full newsRead More
The Trump administration is expected to decide on Friday whether to continue to waive U.S. penalties on Iran, as agreed under the 2015 Iran nuclear deal, the State Department said on Tuesday.Read full newsRead More
The comments constituted a rare admission from the hard-line cleric, who wields ultimate authority in Iran and has led brutal crackdowns on dissent.Read full newsRead More
Gold mining news. Explore related Gold articles for more information on the Gold mining industry.Read full newsRead More
Gold Field Ghana clarifies decision on contract miningRead full newsRead More
Operatives will comb through each episode of every season of 'The Oprah Winfrey Show.'Read full newsRead More
The gold miners have had two solid years of returns in a row. Despite the strong gains over the last 2 years - and the spirited finish to 2017 - bearishness is still quite high in the gold stock complex. The final part of this consolidation is wrapping up (or has already) and this sector is about to enter Phase 2 of the bull market. This still oversold reading in the gold stocks, in combination wi...Read More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Several big mining companies are bringing new projects online, while others will see production decline in the year ahead.Read full newsRead More
(Kitco News) - Bitcoin has taken a hit last month while gold is rallying. Frank Holmes, CEO of U.S. Global Investors, told Kitco News that the crypto world is affecting all fund flows in the markets, not just gold, and that cryptocurrencies will ultimately make markets more efficient. "I think the real currency is going to be Ethereum, and they settle every 10 seconds. And it's a lot less e...Read More
Bullion beats other major assets since the central bank hikedPrecious metal touched three-month high above $1,325 last weekRhodes Says Gold Had Solid Year in 2017Gold’s outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Gold Medal for GoldMetal outperformed major assets since day before Fed raised ratesRead More
Stocks rose to new highs on Tuesday, Jan. 9, with the financial sector gaining amid optimism ahead of the start of corporate earnings season. The Dow Jones Industrial Average rose just over 100 points, or by 0.41%, and the S&P 500 rose 0.13%. The Nasdaq gained 0.09%. All three indexes scored fresh records. JPMorgan Chase & Co. (JPM) and Wells Fargo & Co. (WFC) are schedule...Read More
Treasuries fall as dollar strengthens with crude oilEarnings reports set to dominate market focus this weekJonathan Golub of Credit Suisse and Deutsche Bank's Binky Chadha discuss the performance of financial stocks.U.S. stocks added to all-time highs before the start of earnings season, while the dollar got a boost from policy steps in Asia that propelled Treasury yields past 2.50 percent for the...Read More
Stocks rose further into record territory on Tuesday, Jan. 9, amid optimism ahead of the start of corporate earnings season. The Dow Jones Industrial Average gained 56 points, or 0.22%, and the S&P 500 rose 0.07%. The Nasdaq turned negative, falling 0.07% after scoring an intraday record, like the Dow and S&P 500, soon after markets opened on Tuesday. The leading sector Tuesday...Read More
The latest news and price moves to start the Asian day on Wednesday January 10.Base metals prices on the London Metal Exchange were mostly lower at the close on Tuesday January 9, with only nickel trading in positive territory. Read more in our live futures report.Here are how prices looked at the end of the day on Tuesday.Comex copper prices weakened during morning trading in the United Stat...Read More
JPMorgan & Chase Co. (JPM) CEO Jamie Dimon said Tuesday that he regretted calling bitcoin a "fraud" but insisted he was not interested in the subject even as the market capitalisation of the world's three biggest digital currencies tops that of his own investment bank. Dimon famously dismissed bitcoin the virtual currency concept a "fraud" and said he'd fire any of his traders for dealing in...Read More
(Adds more quotes from analysts, context on BOJ's policy)TOKYO/HONG KONG, Jan 9 (Reuters) - Speculation the Bank of Japan may wind back its monetary stimulus this year gripped markets on Tuesday after the central bank trimmed the amount of its purchases of Japanese government bonds. Traders appeared to latch on to the BOJ announcement that it will buy less of the long-dated bonds, sending the dol...Read More
European markets edged higher Tuesday, while U.S. equity futures suggested a modestly positive open on Wall Street as investors pared their appetite for global stocks ahead of the start of the corporate earnings season, a modest dollar rebound and rising Treasury bond yields. The Stoxx Europe 600 index added 0.28% in the opening minutes of trading to 399.53 points, testing two-and-a-half year hi...Read More