Graniteshares Gold Trust ETF News

VANCOUVER, BC , Feb. 9, 2022 /CNW/ - Norra Metals Corp. (" Norra " or the " Company ") (TSXV: NORA ) ( Frankfurt : 1KO) (OTC: NRRMF ) is pleased to announce that the company has defined 11 high-priority targets for base metals and accessory gold, resultant from the previous historical data compilation and integration. The target definition and selection were mainly based on the available geochemical data from the Mineral Database of NGU (Geological Survey of Norway ), past campaigns of exploration done in 1998 and 2001, regional NGU exploration programs consisting of both geochemical and geophysical surveys and field inspection. The sampling done previously over all areas including old mine wastes, pits, dumps and outcropping bedrock and the results obtained, allowed Norra to outline 11 high-priority targets which showed significant grades of base metals, gold and silver including these highlights: Lillefjell: bedrock and dumps show grades up to 8.01% Cu; 17.55% Zn; 2542 ppb Au; 34.4 g/t Ag . and Ebba-Vaeråsvollen: bedrock samples show grades of up to 12.39% Cu; 25.91% Zn; 561 g/t Co and up to 1396 ppb Au; 472 g/t Ag. (see Figure 1. for location map and indication of the most significant sample results and historical mine production.) The future exploration field campaign will be based on this target definition.

The price of 24 karat per tola gold witnessed an increase of Rs750 and was sold at Rs125,550 on Wednesday against its sale at Rs124,800 the previous day.

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24K Today Gold Rate in Pakistan is 119,200. Also see latest rates of 22K, 21K, 18K on 9th February 2022

Bitcoins fair value based on its volatility in comparison with gold (roughly four times as volatile as gold) JPM strategists calculated the fair-value level at around $38,000 Bloomberg (may be gated) report on the JPM note: In a scenario where the volatility differential

Bitcoin’s “fair value” is around 12% below the current price, based on its volatility in comparison with gold, according to JPMorgan Chase & Co. strategists led by Nikolaos Panigirtzoglou.

QAR: The price of gold rate in Qatar Stands at Qatari riyal QAR 2,469.01 per tola on Wednesday, February 9, 2022. The rate of 24 karat/gramme is stable to QAR 211.68 from the previous days QAR 211.68. Similarly, the rate of 22 karat gold has no changed to QAR 194.04 from the previous days QAR [] The post Gold Rate in Qatar on, 9 Feb 2022 appeared first on BOL News .

Key Highlights Gold price is gaining pace above the $1,810 and $1,812 resistance levels. A connecting bullish trend line is forming with support near $1,807 on the 4-hours chart. EUR/USD started a downside correction from the 1.1480 zone. GBP/USD is consolidating below the 1.3600 resistance zone. Gold Price Technical Analysis After a strong decline, gold [] The post Gold Price Could Revisit $1,850 If It Breaks This Resistance appeared first on Action Forex .

Interestingly, gold investors continued to ignore rising yields and the dollar. The yellow precious metal broke to a fresh weekly high above $1825, even as the 10-year yield closed in on the 2.000% level. It looks like investors happy to pile into gold, a non-interest-bearing asset, as they seek to protect their wealth against [] The post Gold Gains Despite Higher Yields appeared first on Action Forex .

Gold prices seem to remain elevated so far in February, finishing in green territory in the past week and trading higher in the current. As we head into a week with limited economic releases but of significant importance, geopolitical tensions, international economic monitoring, and central bank developments continue to be among the most decisive subjects [] The post Gold Traders on the Lookout for US Inflation Rates appeared first on Action Forex .

Gold recently breached the 1,800 handle and has extended beyond the simple moving averages (SMAs) and the Ichimoku cloud. Although the longer-term averages are endorsing a more neutral trend, the upturn of the 50-period SMA, is suggesting upside momentum is gaining the upper hand. The short-term oscillators are indicating a positive preference in the price. [] The post Gold Climbs above the MAs and the Ichimoku Cloud appeared first on Action Forex .

SAR: Todays Gold rate in Saudi Arabia (last updated: 9th Feb, 2022) 24k per tola stands at SAR 2,544.24. The rate of 24 karat/gramme stable to SAR 218.13 from previous days SAR 218.13. Similarly, the rate of 22 karat gold came up to SAR 199.95 from previous days SAR 199.95. Today Gold Price in Saudi Arabia [] The post Gold Price in Saudi Arabia on, 9 February 2022 appeared first on BOL News .

Gold markets initially fell during the early hours on Tuesday but continues to find buyers every time it dips. Because of this, it looks like we are going to continue to try to fill the gap above.

Gold prices continued to move higher as the dollar index eased. U.S. yields were mixed as the 10-year continued to rally, but the 2-year pulled back, allowing the interest rate curve to flatten. The … Read Full Story at source (may require registration) The post Gold Prices Edge Higher Ahead of U.S. Inflation Data appeared first on ForexTV .

The latest employment report strongly supports the Feds hawkish narrative. Surprisingly, gold has shown remarkable resilience against it so far. What