Graniteshares Gold Trust ETF News

Oil rally stalls as nuclear talks take a step forward Oil prices are a little flat at the start of the week with the rally losing a little momentum after nuclear talks between the US and Iran appeared to make positive progress. It seems we’re into the final stretch, one way or another, and Biden’s […]

The Ghana Revenue Authority, GRA, has begun the implementation of six tax reliefs as part of government’s efforts to cushion Ghanains/taxpayers against the Covid -19 pandemic and its dire effects on the economy. According to the government, these reliefs will also boost the efforts of small and medium sized businesses. The new reliefs include; the exemption of people whose annual incomes are up to GH¢4,500 or GH¢375 a month from paying taxes, as well as the suspension of the payment of Vehicle Income Tax on selected vehicles, including intercity commercial vehicles and intercity/long-distance buses. The GRA will also limit the application of the flat rate Value Added Tax scheme to businesses whose annual income is up to GH¢500,000. Government will also waive the interest and penalty on tax arrears for all categories of taxpayers. GRA will further reduce withholding tax on gold exports by small-scale miners by 50%, and the exemption of local textile manufacturers from paying VAT. The implementation of these reliefs have become possible because Parliament has successfully passed the relevant legislation in December 2021.

Gold holdings down to US$92mn

Golds latest feats increased investors appetite. The outlook for the dollar, however, remains healthy. That can only mean one thing.

Gold prices are testing a key spot of resistance at 1815 but, the big question is whether bulls can force a daily close above this price.

Gold futures are looking to extend their gains on Monday, despite widespread concerns that the Federal Reserve could accelerating its quantitative tightening efforts due to The post Gold Firms Above $1,800 As Markets Brace for Much-Anticipated January Inflation Reading appeared first on FXDailyReport.Com .

Founded in 2019, Dvara SmartGold allows customers to invest in gold through small, flexible installments. This happens through uniquely designed gold micro-savings plans wherein customers can invest as per their cash availability

Gold prices have found a turning point at the 1,780 support level, which overlaps with the ascending trend line of the long-term symmetrical triangle. The price is currently testing the 40- and 200-day simple moving averages (SMAs), holding within the Ichimoku cloud in the short-term. Technically, the RSI indicator is showing some positive signals as [] The post Gold Price Overcomes 200-Day SMA, Holding above 1,800 appeared first on Action Forex .

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Read more on https://www.fxstreet.com

Gold (XAU/USD) stays mildly bid around $1,810, extending Fridays rebound amid the early Monday morning in Europe. While the US dollars lack of abili

Even as 10-year Treasury yields and the U.S. dollar index rose from intra-year lows toward the end of January, the precious metal held above $1,800 per troy ounce. Central to golds resilience, Read Full Story at source (may require registration) The post Gold has remained steady as stocks and bitcoin have plunged. Heres where it could go next appeared first on ForexTV .

The post Gold has remained steady as stocks and bitcoin have plunged appeared on BitcoinEthereumNews.com . A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday, Dec. 9, 2021. Andrey Rudakov

A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday,

Open interest in gold futures markets extended the downtrend on Friday and shrank by around 1.5K contracts according to preliminary figures from CME G