Stock Articles

Reuters: Gold Demand +598% on Brexit Turmoil

Nov 16, 2018 /  Reuters

LONDON, 16 November 2018 - Trading data from BullionVault features in this morning's UK news headlines from specialist agency Thomson Reuters.Noting how the Pound has "slumped" on the currency market following the resignation of Brexit minister Dominic Raab, "The online gold platform BullionVault reported that trading volumes rose 147% [on Thursday] from the previous week's average."Investor deman...Read More

Gold Prices Edge Higher Amid Brexit Turmoil

Thursday November 15, 2018 22:29 / Kitco News

BENGALURU, Nov 16 (Reuters) - Gold prices rose on Friday as investors sought safe haven assets amid fears of a chaotic departure for Britain from the European Union.FUNDAMENTALS* Spot gold was up 0.2 percent at $1,214.77 per ounce at 0121 GMT, while U.S. gold futures rose 0.1 percent to $1,215.6 per ounce.* Palladium was 0.6 percent lower at $1,149.49 per ounce, having hit a record high of $1,178....Read More

North Korea's Kim Inspects Testing Of Newly Developed 'Tactical' Weapon

Thursday November 15, 2018 22:27 / Kitco News

Joyce Lee, Josh SmithSEOUL (Reuters) - North Korean leader Kim Jong Un visited the test site of a new tactical weapon in his first public “field inspection” since last year, hailing it as a “display of our rapidly-growing defense capabilities,” state media said on Friday.The North’s first mention of a new weapons development in months threatens to sour the political a...Read More

Switzerland Wants More Gold Trade Transparency

Thursday November 15, 2018 22:23 / Kitco News

Image: VladKK/Shutterstock.com(Kitco News) - The Swiss Federal Council is calling for more transparency when it comes to its future gold imports, citing concerns around environmental and human rights violations.“Tracing the origin of gold is essential because it alone can avoid importing gold extracted in violation of human rights,” Switzerland's executive body said in a report publish...Read More

Buy Gold Futures or Pick a Gold Mining Stock

Thu Nov 15 22:18:04 2018 / Staff reporter

Investors should allocate 10% of their stock market assets to gold mining stocks such as Barrick Gold, Yamana Gold, Goldcorp and Newmont Mining.Read full newsRead More

Emirate Palace Splashes Out $130K A Year On Its Gold Ceiling

Thursday November 15, 2018 22:12 / Kitco News

(Kitco News) - The lavish 5-star luxury hotel Emirates Palace in Abu Dhabi spends $130,000 a year for the upkeep of its bespoke 6,560 square foot ceiling embellished with 22-carat gold and silver leaves.The reason for such a high annual price tag is the fact that the gold and silver leaves last only four to five years and need to be completely replaced, CNN Travel reported quoting Manoj Kuriakose,...Read More

Gold Seeker Closing Report: Gold and Silver Gain with Stocks

15 November, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossGold $1213.30+$1.40Silver$14.29+$0.14XAU64.99+2.30%HUI146.41+2.06%GDM532.07+1.79%JSE Gold1108.65+27.91USD97.05+0.13Euro113.34+0.14Yen88.24+0.09Oil$56.46+$0.2110-Year3.113%-0.009T-Bond138.90625+0.03125Dow25289.27+0.83%Nasdaq7259.03+1.72%S&P2730.20+1.06% The Metals: Gold gained $4.30 to $1216.20 in Asia before it fell back to $1208.10 in London, but it then chopped back higher...Read More

Pound Falls 2.5% Against Gold as UK Government in Turmoil Over Brexit

15 November, 2018 / GoldCore

The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May's UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit.Gold in GBP (24 Hours)The pound has fallen 2.6% against gold in less than twenty four hours seeing gold rise from ?923 to ?947 per ounce in sterling terms.The pound slumped the most in more than...Read More

Pound Falls 2.5% Against Gold as UK Government in Turmoil Over Brexit

15 November, 2018 / GoldCore

The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May's UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit.Gold in GBP (24 Hours)The pound has fallen 2.6% against gold in less than twenty four hours seeing gold rise from ?923 to ?947 per ounce in sterling terms.The pound slumped the most in more than...Read More

@TraderPamplona @dougcan Very true. Look at the awful acquisitions track-record and timing during the last 10 years...

Thu Nov 15 19:49:07 2018 / PamplonaTrader

"@TraderPamplona @dougcan Very true. Look at the awful acquisitions track-record and timing during the last 10 years. The big mining co's destroyed so much money that they now under huge pressure from powerful activists to return capital to shareholders. The BHP/Rio stories tell us everything.."Read full newsRead More

Gold steady, in a range above $1210

Nov 15, 2018 19:44 / Matías Salord

Yellow metal consolidates around $1210, holds firm to yesterday’s gains.  Price remains capped by $1215 and supported above $1208.  Gold moved all day in a range between $1,208/oz and $1,215, around yesterday’s closing price. It consolidated Wednesday’s gains when it rose from $1200 to $1216, on the back of a slide in US yields.  Price action across financial mar...Read More

@TraderPamplona @dougcan Now imagine guys what you could buy for $10.4B in the junior space at the moment. Just say...

Thu Nov 15 19:41:06 2018 / PamplonaTrader

"@TraderPamplona @dougcan Now imagine guys what you could buy for $10.4B in the junior space at the moment. Just saying the current move by BHP (and Rio) tells a lot. They don't think it's a real ?EUR?buyers market" yet and remain very careful"Read full newsRead More

The region is KNOWN for it too!

Thu Nov 15 19:40:35 2018 / Staff reporter

"$CCW.VRead full newsRead More

Canada Cobalt Works $CCW featured on CBC's World At 6 last night! Great story on the Cobalt Camp - starts at 17:15...

Thu Nov 15 19:15:16 2018 / Staff reporter

"Canada Cobalt Works $CCW featured on CBC's World At 6 last night!Great story on the Cobalt Camp - starts at 17:15 in the clipListen here: https://t.co/xNr8Dz5jNd #CCW $CCW @canadacobalt #Cobalt #Mining #Silver #TSXV #battery @CBCNews #CBC #CBCNEWS #hotstocks #momentumstocks"Read full newsRead More

@TraderPamplona @dougcan BHP is now retuning $10.4 billion to shareholders. Imho better instead of spending that am...

Thu Nov 15 19:09:50 2018 / PamplonaTrader

"@TraderPamplona @dougcan BHP is now retuning $10.4 billion to shareholders. Imho better instead of spending that amount of money on marginal projects like their potash monster or just buying sth without major scale potential for BHP. Big assets and new discoveries are becoming scarce. Exciting times.."Read full newsRead More

MICROMINE to connect with international mining community at Mines and Money Conference London

Nov. 15, 2018, 7:07 PM / MICROMINE

MICROMINE will be exhibiting its intuitive software solutions at Mines and Money mining conference in London from the 26th of November through to the 29th November. Mines and Money is the leading international event series for mining technology, mining investment and capital raising.Mines and Money London will bring together over 2000 industry representatives from all over the globe with over 10...Read More

Jana Partners sharply increases gold mining ETF holdings in third quarter: filing

Thu Nov 15 19:05:45 2018 / Staff reporter

Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold inv...Read full newsRead More

Buy Gold Futures or Pick a Gold Mining Stock

Thu Nov 15 19:05:45 2018 / Staff reporter

Investors should allocate 10% of their stock market assets to gold mining stocks such as Barrick Gold, Yamana Gold, Goldcorp and Newmont Mining.Read full newsRead More

Canadian and US Cannabis Edibles and Consumer Products Market Set to Explode to US$ 4.1 Billion by 2022 - Are you r...

Thu Nov 15 18:00:19 2018 / Staff reporter

"Canadian and US Cannabis Edibles and Consumer Products Market Set to Explode to US$ 4.1 Billion by 2022 - Are you ready?Read More Here: https://t.co/0T7RfvBSw7#momentumstocks #momentumblog #hotstocks #potstocks #edibles #consumerproduct $AREV $NBUD $WEED #marijuana #CBD"Read full newsRead More

COMMODITY PRICE FORECAST: November 15, 2018: Crude Oil & Gold Price Forecast (Video)

Nov 15, 2018 17:23 / Staff reporter

Gold rose on Thursday supported by safe haven buying after the pound sterling tumbled after British ministers reisgned protesting against a draft Brexit agreement.  Oil also rallied up more than 1% on the day, steadying at $57 per barrel although concerns about the prospect of an oversupplied market next year continued to weigh on prices despite OPEC's message tha...Read More

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