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World Bank Thinks Gold and Silver Have Seen their Best Days In 2018

(Kitco News) – The gold market may have put in its best performance of the year as the first quarter came to an end and investors looking for higher silver prices might be disappointed this year, according to the latest report from the World Bank.

Metals Focus Sees Balanced 2018 Platinum Market But Palladium Deficit

(Kitco News) – The divergence between the platinum group metals will continue in 2018, with palladium forecasted to post a supply deficit of 1.24 million ounces, while platinum is seen as a largely balanced market, with a surplus of just 40,000 ounces…

Money Managers Add To Bullish Positioning In Gold

(Kitco News) – Large speculators upped their net bullish positioning in gold futures while trimming their bearish posture in silver during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.

Xerox abandons planned deal with Fujifilm in victory for Icahn and Deason

NEW YORK/TOKYO (Reuters) – Xerox Corp (XRX.N) has scrapped a planned $6.1 billion deal with Fujifilm Holdings Corp (4901.T) in a settlement with activist investors Carl Icahn and Darwin Deason that also hands control of the U.S. photocopier giant to n…

WPIC: Global Platinum Surplus To Shrink To 180,000 Oz. In 2018

(Kitco News) – The annual supply surplus in the platinum market should shrink in 2018 as demand rises but South African mine production shrinks, said the World Platinum Investment Council Monday.

Bitcoin Daily Chart Alert—Bears Have Momentum

(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Monday. Bears have downside momentum as a short-term price uptrend has been negated.

Gold Headed Lower

Gold, Silver Weaker Amid Upbeat Trader Attitudes

(Kitco News) – Gold and silver prices are slightly lower in early U.S. trading Monday. It’s a quieter and uneventful marketplace to start the trading week. Rallying U.S. stock indexes that hit multi-week highs overnight suggest keener risk appetite in the marketplace at present, which is bearish for safe-haven gold and silver.

In concession, Trump will help China’s ZTE ‘get back into business’

WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company, offering a job-saving concession to Beijing ahead of high-stakes tra…

Dambisa Moyo Offers Radical Ways to Fix Broken Democratic Systems

(Kitco News) – There is a severe mismatch between the long-term problems our society faces and the short-sightedness of our policymakers, according to New York Times best-selling author, Dambisa Moyo.