Graniteshares Gold Trust ETF News

Market Roundup US Feb Michigan Consumer Expectations 57.4,64.1 previous US Feb Michigan Current Conditions 68.5,73.0 forecast, 72.0 previous US Feb Michigan Consumer Sentiment 61.7,67.5 forecast,67.2

The United States and its allies urged their citizens to leave Ukraine right away to avoid a Russian invasion, including a possible air assault, that Washington said on Friday, February 11, could occur anytime. Moscow accused Western nations of spreading lies to distract from their own aggressive acts. The United States and Europe stepped up their warnings of an imminent attack while the Kremlin, jostling for more influence in post-Cold War Europe, rejected a joint EU-NATO diplomatic response to its demands to reduce tensions as disrespectful. Russia has amassed more than 100,000 troops on the Ukraine border but denies it plans to invade. US officials, while pressing for diplomacy, said Russia could invade before the conclusion of the Winter Olympics on February 20 and may seek to seize the capital Kyiv and other cities. US national security adviser Jake Sullivan said Americans could not expect military evacuation if they remained in Ukraine and should leave within 48 hours. “We continue to see signs of Russian escalation, including new forces arriving at the Ukrainian border,” Sullivan told reporters. “We are in the window when an invasion could begin at any time.” “If a Russian attack on Ukraine proceeds, it is likely to begin with aerial bombing and missile attacks that could obviously kill civilians without regard to their nationality,” he said.

The United States and its allies urged their citizens to leave Ukraine right away to avoid a Russian invasion, including a possible air assault, that Washington said on Friday could occur anytime.Moscow accused Western nations of spreading lies to distract from their own aggressive acts.The United States and Europe stepped up their warnings of an imminent attack while the Kremlin, jostling for more influence in post-Cold War Europe, rejected a joint EU-NATO diplomatic response to its demands to reduce tensions as disrespectful.Russia has amassed more than 100,000 troops on the Ukraine border but denies it plans to invade.U.S. officials, while pressing for diplomacy, said Russia could invade before the conclusion of the Winter Olympics on Feb. 20 and may seek to seize the capital Kyiv and other cities.U.S. national security adviser Jake Sullivan said Americans could not expect military evacuation if they remained in Ukraine and should leave within 48 hours."We continue to see signs of Russian escalation, including new forces arriving at the Ukrainian border," Sullivan told reporters. "We are in the window when an invasion could begin at any time.""If a Russian attack on Ukraine proceeds, it is likely to begin with aerial bombing and missile attacks that could obviously kill civilians without regard to their nationality," he said.Australia and New Zealand became the latest countries to urge their citizens to leave as soon as possible, joining Britain, Japan, Latvia, Norway and the Netherlands.

The gold price on Friday spiked to a new 2-month high of about $1,860, setting a new 2022 high amid fears Russia might attack Ukraine…. The post Gold Rises Sharply To New Yearly Highs Amid Russia-Ukraine Tensions appeared first on FXDailyReport.Com .

Geopolitical tensions heated up on Friday amid reports that Russia is positioning more troops near the Ukraine border. Additionally, U.S. Secretary of State Antony Blinken cautioned earlier that an invasion could come "at any time," including during the Beijing Winter Olympics, which are set to end on Feb. 20 – a warning echoed by U.S. National Security Advisor Jake Sullivan at this afternoon''s White House press briefing. SEE MORE 66 Best Dividend Stocks You Can Count On in 2022 "The Russia-Ukraine tensions have hovered over already shaky investor sentiment," says John Lynch, chief investment officer for Comerica Wealth Management. "Investors have been counting on a diplomatic resolution, but recent developments indicate this may be wishful thinking and therefore, not fully priced into the markets." Today''s Russian-Ukraine news "delivered another body-blow to markets, which were already reeling from stubborn inflation numbers and uber hawkish comments from Fed officials," says Cliff Hodge, chief investment officer for Cornerstone Wealth. "The flight to safety is on, as long-end Treasury yields fall, gold rises and the dollar spikes.

https://www.investing.com/news/commodities-news/gold-hits-3month-high-on-heightened-fear-of-russiaukraine-war-2762630

Gold Hits 3-Month High on Heightened Fear of Russia-Ukraine War

Ethereum (CRYPTO: ETH ) began to decline rapidly at 1:30 p.m. EST on Friday after PBS news reporter Nick Schifrin said on Twitter that, according to six U.S. and western officials, Russia will begin to invade Ukraine next week, beginning with two days of aerial bombings and electronic warfare. At that same time, the SPDR Gold Trust (NYSE: GLD) began to shoot up, rising over 1% higher within about 20 minutes. This indicates gold is currently considered the better safe haven asset over cryptocurrencies. The crypto sector has been rebounding since Jan. 24 but Fridays decline caused Ethereum to drop out of a rising channel, which indicates the short bull cycle could be over. The Gold Trust has also been trading higher recently, but on Friday its rise accelerated on higher-than-average volume, which indicates a high level of interest in the ETF. See Also: Bitcoin, Ethereum, Dogecoin Slump After Inflation Full story available on Benzinga.com

Markets Turmoil Amid ''Russia Invades'' Reports & Bullard''s Bond Bloodbath A sudden slap to the face seemed to shock investors from their multi-month stupor, waking to the reality that The Fed is serious this time about raising rates and withdrawing liquidity. That realization, considering US equity valuations have never been higher (combined with a collapse in US consumer confidence) have many wondering just where (or if) these two lines will ever converge… Source: Bloomberg The awakening sent rate-hike odds soaring this week. Even with today''s attempt to walk back Jim Bullard''s hawkishness, the market is now pricing in a 60% chance of 7 rate-hikes this year, a 70% chance of a 50bps hike in March, and even a 25% chance that The Fed will surprise with an inter-meeting hike before March (note that there is an unscheduled Fed meeting on Monday)... Source: Bloomberg But around lunchtime today, a series of reports of an imminent Russian invasion sparked turmoil in all markets. The Russia headlines sent rate-hike expectations lower for March...

Will war be what breaks it?

Wall Street has an inflation hangover as higher rates continue to drag tech stocks down. US stocks were trying to stabilize as yields came in. Yesterdays inflation shocker has many bond traders believing the Fed is behind the curve and will be delivering several rate hikes. Many Fed members feel inflation will meaningfully decelerate later []

Prices of precious metals rose on Friday as the fears related to inflation in the United States and to the geopolitical turmoil between Russia and the western countries. US Security Advisor Jake Sull

The gold markets have rallied significantly during the course of the trading week, to reach towards the highs of the last couple of months.

Gold markets initially sold off during the trading session on Friday but found support at the same general vicinity we did on Thursday.