Graniteshares Gold Trust ETF News

KARACHI: The gold rates in Pakistan in the local market on (Feb 17, 2022) changed as the precious metal closed the day at Rs. 125,300 per tola and Rs107420 per 10 grams. The gold price in Pakistan usually depends on different factors such as USD to PKR rate and fluctuation in the international gold market. The purest form of […] The post Gold Rate in Pakistan today on, 17th February 2022 appeared first on BOL News .

SAR: Today’s Gold rate in Saudi Arabia (last updated: 17th Feb, 2022) 24k per tola stands at SAR 2,610.45. The rate of 24 karat/gramme increases to SAR 223.80 from previous day’s SAR 223.38. Similarly, the rate of 22 karat gold came up to SAR 205.15 from previous day’s SAR 204.76. Today Gold Price in Saudi Arabia […] The post Gold Price in Saudi Arabia on, 17th February 2022 appeared first on BOL News .

UAE Gold: Today Gold Rate in UAE updated on, (17th, Feb 2022) today 24 Carat is AED 225.00. while 22k Carat gold price is AED 211.25. The rate of 24 karat/gramme decreases to AED 224.50 from previous day’s AED 224.25. The gold rate (22 karat/gramme) Depreciated to AED 211.25 from previous day’s AED 210.50. Gold […] The post Gold Rate in UAE on, 17th February 2022 appeared first on BOL News .

Stocks, Bonds, & Bitcoin Dump''n''Pump As ''Meh''-Minutes Reverse Russia-Rout Bad* Russia, Good** data, and Just-Right*** Fed Minutes left rate-hike odds lower, stocks marginally higher, bonds unchanged, gold higher, and the dollar down. That''s a lot of asterisks! *US/NATO claimed that Russia was not retreating (but no evidence one way or the other was offered) **Today''s strong economic data brought to you by i) seasonal adjustments (retail sales crashed in ''unadjusted'' data), ii) freezing January (Industrial Production jumped thanks to a record surge in Utility demand). However, import prices (up 10.8%) show inflation ain''t going wishfully away . ***Fed Minutes said nothing and looked older than Charlie Munger as since the FOMC meeting, we have had a big jobs print and 2 huge inflation numbers. At the end of the day it was a big roundtrip for a lot of markets with stocks dumping early and pumping late to end basically unchanged on the day And as Real yields continue to rise, the question is - when will stocks catch down (or real yields realize The Fed was just kidding again)…

Oil and gold rose on Wednesday after NATO and the United States said Russia was increasing its troop build-up near Ukraine, while a dovish reading of minutes from the Federal Reserve''s meeting last month helped stocks rebound on Wall Street.

After hitting its highest mark since June 11th earlier this week, spot gold has retreated.

The United States and NATO said Russia was still building up troops around Ukraine on Wednesday, February 16, despite Moscow’s insistence it was pulling back, questioning President Vladimir Putin’s stated desire to negotiate a solution to the crisis. In Ukraine, where people raised flags and played the national anthem to show unity against fears of an invasion, the government said a cyber attack that hit the defense ministry was the worst of its kind that the country had seen. It pointed the finger towards Russia, which denied involvement. The Russian defense ministry said its forces were pulling back after exercises in southern and western military districts near Ukraine – part of a huge build-up that was accompanied by demands for sweeping security guarantees from Washington and NATO. It published video that it said showed tanks, infantry fighting vehicles and self-propelled artillery units leaving the Crimean peninsula, which Moscow seized from Ukraine in 2014. But US Secretary of State Antony Blinken said key Russian units were moving towards the border, not away. “There’s what Russia says.

In today''s live stream, Coach Dale Pinkert said if Oil Volatility is to high for you to trade consider USDCAD longs. Gold held its breakout at $1845 S

Gold prices surged more than 5.5% off the January low with the rally at risk here into uptrend resistance. The levels that matter on the XAU/USD technical charts.

Barrick Gold (ABX) has announced a share buyback program of up to $1 billion after the mining company reported a 6% rise in fourth-quarter net profit. Toronto-based Barrick Gold also declared that it is raising its quarterly dividend payment by 11% to $0.10 per share. Barrick said its copper production improved nearly 6% to 126 million pounds, while its all-in sustaining cost (AISC) rose to $2.92 per pound from $2.42 per pound. However, Barrick Gold said average gold prices for the quarter fell to $1,793 U.S. per ounce from $1,871 U.S. per ounce a year earlier, while production fell marginally to 1.203 million ounces from 1.206 million ounces. Spot gold has declined from record levels hit earlier in the pandemic as rising vaccinations and the reopening of the global economy hit bullion''s safe-haven appeal. Barrick Gold’s net earnings rose to $726 million, or $0.41 per share, in the fourth quarter ended December 31, from $685 million, or $0.39 per share, last year. Barrick’s stock has risen 11% year-to-date to $26.

Following were the bullion rates in Hyderabad gold market on Wednesday

(Kitco News) - The gold market is holding support above $1,850 an ounce and trading in neutral territory as U.S. consumers spent more than expected at the start of the new year.

February 16, 2022 – TheNewswire - Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV:VG) (OTC: VLMZF ) is pleased to report another exceptional intercept at depth on the Holly Property, Guatemala. Hole HDD-21-027 intersected 4.57 meters (or approx. 4.1m true width) returning over 54 g/t gold and over 3.9 Kg/t silver . This hole cut the vein at the same depth in the system as hole HDD-21-23 that intercepted 4.58m of 79.84 g/t gold and 5,053 g/t silver 150m to the south (see release 19 October 2021 ). Drilling is ongoing again at Holly, focused on extending this high-grade system at depth and along strike to the south with a goal of establishing a meaningful high-grade resource and improving confidence in the trend of the vein structure. Several other veins in the area with similar orientation will be tested during this present program. “Management is very pleased the La Pena vein system continues to produce these exceptional grades,” states Simon Ridgway, CEO of the Company. “As the sections below indicate, we are defining ounces quickly with high grade intercepts.” Click Image To View Full Size Hole HDD-21-028 failed to intersect the La Pena structure but management believes it was not drilled to sufficient depth.

Gold continues to improve, but still has more work to do to mark an important break higher, in the opinion of strategists at Credit Suisse. Break belo

Gold is 0.1% higher this morning, as it is trading slightly above the $1,850 price level. What about the other precious metals?