Spdr Gold Shares ETF News

The price of ten gram of 24-carat gold decreased by Rs 300 on Thursday to Rs 51,600, while the rate of silver decreased by Rs 1,100 per kg to Rs 67,900

Gold (XAU/USD) pauses the recovery moves from a fortnight low, marked the previous day, as it takes rounds to $1,925-30 during Thursday’s initial Asia

Gold prices drifted lower on Wednesday as global equities surged higher amid hopes of some progress in Russia-Ukraine peace talks and on news China has pledged to announce more economic stimulus to boost growth. The dollar shed some ground ahead of the Federal Reserve''s policy announcement, but the yellow metal still failed to garner enough support to move above the unchanged line. Gold futures for April ended down by $20.50 or about 1.1% at $1,909.20 an ounce. Silver futures for May ended lower by $0.448 at $24.710 an ounce, while Copper futures settled at $ The Chinese government has reassured investors by promising support for its struggling real estate industry, internet companies and entrepreneurs. In geopolitical news, Ukrainian President Volodymyr Zelenskyy said during an address to the nation that the positions in the negotiations were beginning to "sound more realistic," while Russian Foreign Minister Sergey Lavrov told the BBC there was "some hope of reaching a compromise." Data from the Commerce Department showed retail sales in the U.S. rose by 0.3% in February after soaring by an upwardly revised 4.9% in January.

Crime Reporter A 36-year-old man died at Kapara Mine in Matopo after he was assaulted by four men who had accused him of stealing three grams of gold. The four suspects— Ellias Phiri (36), Luwine Pasikwane (33), Tafadzwa Bauren (24) and Kudzanai Chinzvenda (27) have since been arrested. They are accused of assaulting Thembani Moyo […]

https://www.investing.com/analysis/fed-react-powell-finally-ready-to-take-on-inflation-oil-lower-gold-tumbles-200620176

AMC threw both its analysts and its memestock shareholders for a loop this week after it announced it was acquiring a 22 percent stake in a gold and silver mining company — a baffling investment by a company whose business has nothing at all to do with precious metals.

The price of gold attempts to halt a three-day sell off as the Federal Reserve appears to be on a preset course in normalizing monetary policy.

Gold futures have spiked down to fresh two-week lows at $1,894 per troy ounce on Wednesday following the Federal Reserve’s decision to hike interest r

Treasury yields broke out to fresh multi-year highs

(Kitco News) - After seeing $200 moves since the start of the year, gold has the potential to hit $2,500 an ounce and average $2,000 an ounce in 2022, according to the updated outlook from MKS PAMP.

(Kitco News) - Gold and silver prices are lower in afternoon U.S. trading Wednesday. Trader/investor risk appetite is keener at mid-week on some positive news reports on the Russia-Ukraine war front that includes a potential 15-point peace plan.

(Kitco News) - The gold market remains under selling pressure but has pushed off its session lows as the Federal Reserve starts a new tightening cycle even as it lowers its growth forecasts and raises its inflation outlook.

Gold Still Bleeding Pre-Fed, Clinging to $1,900

Oil slips further below USD 100 Oil prices are continuing to fall in the middle of the week as progress in talks between Ukraine and Russia see crude premiums being eroded. Whether that’s premature or not, we’ll soon see, especially with disruptions already being reported in recent weeks. While an end to the fighting will […]

(Kitco News) - Safe-haven demand for gold has started to dry up even as Russia''s war with Ukraine continues. However, even as prices have dropped well below $2,000 an ounce, the fundamental backdrop remains in place, according to one market strategist.