Graniteshares Gold Trust ETF News

Gold prices rose more than 1% on Monday and were set for their best monthly gain in nine, after Western countries slapped fresh sanctions on Russia for invading Ukraine and President Vladimir Putin put his country`s nuclear deterrent on high alert. Get more Commodities News and Business News on Zee Business.

Commodity prices shot up after sanctions imposed on Russia. Crude oil surpassed $100 a barrel, aluminium prices touched lifetime highs. Gold prices also went up. Will this rally continue this week?

(Bloomberg) -- The Bank of Russia said it will start purchasing gold again, just under two years after it ended a long-running buying spree that helped

The issue price for the Sovereign Gold Bond Scheme 2021-22 - Series 10 has been fixed at ₹5,109 per gram of gold

Gold rallied more than 2% after Western nations ramped up sanctions on Russia in response to its assault on Ukraine, spurring demand for the haven asset.

Gold is holding near last week''s lows in the open as markets weigh up the weekend headlines surrounding the Ukraine-Russia crisis. On the one hand, Ru

Asia Monday trade

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The Bank of Russia said it will start purchasing gold again, just under two years after it ended a long-running buying spree that helped prop up bullion prices last decade.

For weekend reading, Louis Navellier offers the following commentary: Q4 2021 hedge fund letters, conferences and more There are so many opinions about the Fed that you could pave a highway of paper to the moon and back with views, pro and con, about the impact that raising interest rates might have on various markets […]

Recall prior to what now sadly is occurring, we were seeking (given Gold’s “terrible technicals”) a modest down run from January’s closing Gold price of 1798 toward the 1754 area.

The Dow Jones and S&P 500 recovered from deep losses despite escalating Ukraine tensions. The situation still remains volatile, especially for crude oil, gold and the Euro. Ahead, Fed Chair Jerome …

https://www.investing.com/analysis/week-ahead-crisis-in-europe-to-pressure-markets-equities-to-drop-gold-to-rally-200618860

New Delhi: Amid gold''s rising safe heaven appeal due to geopolitical tensions between Russia and Ukraine, the Sovereign Gold Bond (SGB) Scheme 2021-22 - Series X will open for subscription on Monday, February 28.The Reserve Bank of India (RBI) has set the price at Rs 5,109 per gram of gold. The latest tranche of the SGB Scheme - Series X can be subscribed till March 4.The government will give a discount of Rs 50 per gram to the investors applying online and the payment against the application is made through digital mode."For such investors, the issue price of Gold Bond will be Rs 5,059 per gram of gold," RBI said. The central bank issues the bonds on behalf of the Government of India.The majority of analysts are in favour of subscribing to the issue considering the war scare between Ukraine and Russia and rising inflation globally. The bullion is considered as a hedge against inflation.Anuj Gupta, Vice President - Commodity and Currency Research, IIFL Securities, has suggested investors bid for the lastest tranche for the SGB scheme."SGB is a great opportunity to put your money in the yellow metal amid the rising geopolitical worries across the globe," Gupta added. "The rising inflation will also support the bullion."The issue price for Series IX, which was open for subscription during January 10-14, was Rs 4,786 per gram of gold.

​​Gold by itself is not a great asset class to own, however, it acts as a hedge against heightened volatility and can be considered as insurance in the portfolio. Fixed Income helps in steady income generation with low volatility.