Spdr Gold Shares ETF News

Gold (XAU/USD) snaps a five-day downtrend while printing 0.25% intraday gains around $1,792 during early Thursday. The yellow metal dropped to the low

THE BOURSE WHISPERER: Saturn Metals (ASX: STN) has made exploration at the companys 100 per cent-owned Apollo Hill gold project near Leonora in Western Australia a smidge easier by way of an $8 million raising. Saturn Metals said the funds would enable it to continue resource definition, exploration drilling and metallurgical and other pre-development studies []

Gold prices ended slightly higher on Wednesday, despite a rise in the U.S. dollar and a batch of mostly upbeat U.S. economic reports. Gold for December delivery finished up 50 cents, or less than 0.1%, at $1,784.30 an ounce, manaing to halt a four-session slump for the yellow metal. The modest gain came after the yellow metal on Tuesday marked the lowest finish since Nov. 3. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

While the latest employment data provided an initial shock to markets, economists warn investors that the headline is deceiving.

Beacon Financial Group bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,653 shares of the exchange traded fund’s stock, valued at approximately $267,000. Other institutional investors and hedge […]

XAUUSD is trading at 1794.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that th

Mark Clark chaired gold miner Capricorn Metals (ASX:CMM) has defied a bearish market for gold stocks over the past year. Read More The post Monsters of Rock: US private equity cashes in on gold miner Capricorn Metals appeared first on Stockhead .

New Zealand Dollar weakens in Asian session after RBNZ rate hike, and leads other commodity currencies lower. Dollar firms up mildly as its ready to extend recent rally, except versus Yen for now. European majors are mixed, with Sterling have a mild upper hand against Euro and Swiss Franc. Gold is treading water below 1800 [] The post NZD Softens after RBNZ Hike, Dollar Firming Up appeared first on Action Forex .

ISLAMABAD: Gold price tanked on Tuesday amid strengthening dollar as the US treasury bond yield hit monthly high of 1.667 percent. Gold in the international market was available at $1,789.70 per ounce after shedding $15.80 at 1645 hours GMT. Meanwhile, the price of 10 grams of yellow metal in Pakistan decreased to Rs100,700 with a []

Gold prices have been obliterated this week as Fed rate hikes have surged around commentary from Fed Chair Powell and incoming Fed Vice Chair Brainard.

The gold market had bet on Lael Brainard to be the next Fed chair, one analyst said.

Gold markets have initially tried to recover during the trading session on Tuesday but then collapsed to slice through the crucial $1800 level. At this point, the market better save itself or it is going to get ugly rather quickly.

Bidens Fed picks drives dollar up The Fed nomination decision caused some tremors in the financial markets on Monday. In the decisions wake, futures markets have firmed up expectations for a rate hike in June, which had previously been biased towards July. Governor Brainard has been selected to replace Clarida as Vice Chair at the end of January next year. The US dollar index [] The post Dollar Shines again as Gold and Lira Prints Losses appeared first on Action Forex .

Focused Wealth Management Inc raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 426.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,001 shares of the exchange traded funds stock after acquiring an additional 811 shares during the period. Focused Wealth Management Incs holdings []