Spdr Gold Shares ETF News

Gold prices have stabilised after surging over the past two days, ahead of a potential US-Russia meeting over Ukraine next week.

Gold futures pull back Friday morning, but head for the sharpest weekly gains in nine months, as the crisis in Ukraine unfolds.

Oil slides as the US nears nuclear accord with Iran Reports of the US and Iran nearing a new nuclear deal couldn’t have come at a better time and oil prices are slipping at the prospect of more than a million barrels of crude re-entering the market. In the absence of a deal, we could […]

Gold is 0.4% lower this morning, as it is trading slightly below the $1,900 price level. What about the other precious metals?

Gold retreated slightly on Friday as a potential Russia-US meeting cooled some nerves about a rise in the Ukraine conflict, but the recent rally set bullion up for a third straight weekly gain.

Having failed to break convincingly above the $1900 level late on Thursday/during the early hours of Friday’s session, which incidentally was the prec

Gold is coming sharply to the upside as a “safe haven” asset based on the latest US-Russia tensions. Higher inflation is also one of the reasons for higher metals. Technically we see prices are coming up from 1780 in an impulsive fashion after 1854 was broken, but we see gold in a fifth wave now […] The post Gold May Slowdown for a Correction: Elliott Wave Analysis appeared first on Action Forex .

(Kitco News) - Much focus recently has been put on the next month''s Fed meeting with the markets fully pricing in a rate hike. Strategists at Australia''s ANZ bank say that rate hikes may not necessarily mean that gold will fall.

Peter Schiff: The Fed Is Running Out Of Minutes Via SchiffGold.com, The Federal Reserve released the minutes from its January FOMC meeting on Wednesday (Feb. 16). While there was some talk about taking on inflation, it doesn’t appear the central bank is really serious about an inflation fight. In his podcast, Peter Schiff talked about the most recent inflation data and the Fed’s response. He said the central bank is quickly running out of minutes. Gold has rallied to 8-month highs, even with some selling after the situation in Ukraine seemed to deescalate. But as Peter noted, geopolitical tension was not the real driver of this gold rally. It’s the inflation freight train . The underlying trend has nothing to do with that threat. The real threat is inflation. That’s why investors are buying gold. And that’s why they bought the dip on Tuesday, and we rose to new highs on Wednesday, because we got a lot more inflation data.” Specifically, we got the producer price data for January . They doubled expectations, up a full 1%.

Prices to average $1,700 an ounce, says Fitch Solutions

US and European stock futures bounced back on Friday and selling pressure on Asian shares eased after the US Secretary of State agreed to a meeting with Russia''s foreign minister, over Ukraine crisis.

Bitcoin declined towards the $40,000 level while gold rallied towards $1900.

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