Graniteshares Gold Trust ETF News

We outline the impact of Russia’s invasion of Ukraine on UK stock markets, oil and gas prices, and global corporate operational shifts. Read Full Story at source (may require registration) The post Stock markets plummet while oil, gas and gold prices soar as Western firms are forced to take action amid Russia’s invasion of Ukraine appeared first on ForexTV .

Once the Russia-Ukraine crisis settles down, gold to likely come back to $1,700-1,800 levels from $2,000

The price of gold has soared to its highest level since the height of the pandemic as investors flock to the safe-haven asset amid war in Europe.

(Kitco News) - Gold prices are higher in midday U.S. trading Monday, but well down from their overnight 1.5-year high of $2,007.50. Silver overnight an eight-month high of $26.37 but are now trading lower on the day.

Russian Gold Barred From World''s Largest Gold Market Over the past week, we first noted that amid broad economic sanctions, there were numerous Russian gold refiners on the LBMA''s "Good Delivery" list, and subsequently we said that this "begged the question as to what would the LBMA do about the large number of Russian gold refineries on the LBMA Good Delivery Lists, refiners which are embedded with the Russian banks in the Russian gold market." The question was answered today, when the LBMA - London''s gold market - suspended all Russian refineries from its accredited list, meaning their newly minted bars can no longer trade in one of the world’s most important bullion centers. The London Bullion Market Association said on Monday that it suspended all six Russian gold and silver refineries from its Good Delivery List following sanctions imposed by the U.S., European Union and U.K. on the country. Existing bars produced by the refiners before their suspension will still be accepted. From the statement : In light of UK/EU/US sanctions and to ensure an orderly market, LBMA has suspended the following gold and silver refiners with immediate effect: JSC Krastsvetmet (gold and silver) JSC Novosibirsk Refinery (gold and silver) JSC Uralelectromed (gold and silver) Moscow Special Alloys Processing Plant (gold) Prioksky Plant of Non-Ferrous Metals (gold and silver) Shyolkovsky Factory of Secondary Precious Metals, SOE (gold and silver) These six refiners will no longer be accepted as Good Delivery by the London Bullion market until further notice.

Oil and gold prices spiked Monday amid fears the United States and its European allies are weighing whether to ban imports of Russian crude. Russia and Ukraine are set to return to the negotiating … Read Full Story at source (may require registration) The post Oil prices spike above $120 a barrel, stocks slide as U.S. weighs embargo on Russian crude appeared first on ForexTV .

Gold markets have gapped a bit higher during the trading session on Monday and then went parabolic to break above the $2000 level. At this point, the market then turned around to pull back again.

(Kitco News) - Russia''s war with Ukraine continues to roil global financial markets and global supply chains, which is driving commodity prices higher and adding further momentum to gold, according to some analysts.

Kitco News'' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices

Creating an end-to-end audit trail of how gold moves from the point of import till the end-consumer will help curb revenue leakages

Erases gains of about $31

Gold added to last week''s strong gains of over 4% and kicked off the new week on a positive note amid the global flight to safety. In a further escala

The dollar is on a rampage and has gained a large amount Commodities continue to surge in price… Good Day… And a Marvelous Monday to you! Who’s peek

Bitcoin stems losses but fails to compete with gold and the U.S. dollar.