Spdr Gold Minishares Trust ETF News

24K Today Gold Rate in Pakistan is 125,900. Also see latest rates of 22K, 21K, 18K on 2nd March 2022

Gold (XAU/USD) has witnessed a pullback after kissing Tuesday’s high at $1,950.30 towards $1,931.10. However, the precious metal has bounced back firm

Gold jumped 1.8% to $1,941.51 per ounce as the crisis drove investors to safe-haven assets

China is looking for alternatives to the US dollar as a reserve currency after Western nations froze the foreign assets of Russia’s central bank last

SAR: Today’s Gold rate in Saudi Arabia (last updated: 2nd March 2022) 24k per tola stands SAR 2,707.34. The rate of 24 karat/gramme increases to SAR 232.11 from previous day’s SAR 227.86. Similarly, the rate of 22 karat gold came up to SAR 212.77 from previous day’s SAR 208.87. Gold Price in Saudi Arabia Gold Unit […] The post Gold Price in Saudi Arabia for, 2nd March 2022 appeared first on BOL News .

UAE Gold: Today Gold Rate in UAE updated (2nd, March 2022) today 24 Carat is AED 232.25, while 22k Carat gold price is AED 218.00. The rate of 24 karat/gramme same to AED 232.25 from previous day’s AED 232.25. The gold rate (22 karat/gramme) decreases to AED 218.00 from previous day’s AED 218.25. Gold Rate […] The post Gold Rate in UAE for, 3rd March 2022 appeared first on BOL News .

Gold held an advance on fears that Russia’s invasion of Ukraine could turn more brutal, lifting demand for haven assets as investors weigh the fallout from the war and sanctions.

Wall Street stocks finished lower overnight, as the conflict in Ukraine pushes up the price of oil, nickel and gold. The ASX 200 is down approximately 0.7 per cent in early trade after international markets fell 1.5 to two per cent overnight. The war in Ukraine is boosting the prices of commodities, particularly oil, which rose by eight per cent to $US106 a barrel. Thermal coal prices are also expected to rise – and fossil fuel is already at a record price of $US256 a ton.

KARACHI: Gold rates in the local market went up by Rs150 per tola on Tuesday.According to data released by All Sindh Saraf Jewelers Association , gold rates in the local market moved up to Rs128,750 per tola. Similarly, 10-gram gold price also increased by Rs128 to Rs110,382.In the international…

NYSE: VZLA TSX-V: VZLA VANCOUVER, BC , March 1, 2022 /CNW/ - Vizsla Silver Corp. (TSXV: VZLA ) (NYSE: VZLA ) ( Frankfurt : 0G3) (" Vizsla " or the " Company ") announces a restated maiden mineral resource estimate (the "Resource Estimate") for its flagship, 100% owned Panuco silver-gold project (the "Project" or "Panuco") located in Sinaloa, Mexico . "Vizsla Silver is retracting the maiden resource estimate published on February 28 th and restating it in today''s release," commented Michael Konnert , President and CEO. "An internal review of the estimate identified a miscalculation made by an independent consultant in the conversion of lead and zinc grades into the silver equivalent calculation. This in-turn lifted lower grade zones above the economic cut-off, adding tonnes to the resource but lowering the overall grade. Today''s restatement corrects this, and the resource remains extremely robust. Vizsla management acknowledge and apologize for the miscalculation and will publish data along with the technical report within 30 days to allow investors to independently confirm the resource estimate.

A flight to safe-haven assets by market participants is a direct result of the Russian invasion and rising inflation levels, with gold prices continuing to move higher in an almost parabolic fashion.

The major market benchmarks opened lower and losses accelerated amid reports that Russia is targeting civilian areas in Ukraine, including Kharkiv, the country''s second-largest city. Additionally, after warning of "high-precision strikes," Russian forces on Tuesday hit a TV tower in Kyiv. "The crisis in Ukraine is evolving rapidly, and with it so are investor expectations for international relations, commodity prices, inflations, the corporate operating environment and company margins," says Lauren Goodwin, economist and portfolio strategist at New York Life Investments. SEE MORE 7 Energy ETFs for Rising Oil & Gas Prices "As the crisis unfolds, equities could bounce if developments point to contained conflict and lighter sanctions, while equities could deteriorate in moments of escalation." Today, stocks crumbled as the attacks intensified, with financials (-3.7%) the worst-performing sector amid notable losses in blue chips American Express ( AXP , -8.5%), Goldman Sachs ( GS , -3.2%) and JPMorgan Chase ( JPM , -3.8%).

Gold futures climbed sharply on Tuesday to mark their highest finish in 13 months, buoyed by a broad flight to the perceived safety of precious metals and government bonds, as Russian forces continued to shell Kharkiv, Ukraine’s second-largest city, and signaled they would target intelligence and…

The following is a table of central bank gold holdings as of Feb. 28, according to data from the International Monetary Fund (IMF):

Gold crept up 1.6% Tuesday, moving toward last week’s 17-month high amid concern about the conflict.