Spdr Gold Minishares Trust ETF News

After hitting its highest mark since June 11th earlier this week, spot gold has retreated.

DXY was down last night as the Ukraine relief rally ebbed and flowed: AUD enjoyed the lift: Oil and gold too: And base metals: Big miners edged up: EM stocks too: US junk lifted. Not so EM: The curve steepened for a second day: And stocks flipped, flopped around: Westpac has the wrap: Event Wrap

Geopolitical angst regarding Russia/Ukraine remains elevated, underpinning gold, which is also being supported by technical factors. Update: The price of the yellow metal is going and froing between … Read Full Story at source (may require registration) The post Gold Price Analysis: XAU/USD is lacking direction into the FOMC minutes appeared first on ForexTV .

Gold for April delivery rose $15.30, or 0.8%, to settle at $1,871.50 an ounce. That’s the highest most-active contract finish since June 11, FactSet data show. The gain comes just a day after prices … Read Full Story at source (may require registration) The post Gold settles at 8-month high as tension over Ukraine resurfaces appeared first on ForexTV .

(Kitco News) - Tensions in Eastern Europe, as well as inflation that is unlikely to dissipate soon, are forces that will push gold to move "substantially", said Gary Wagner, editor of TheGoldForecast.com.

FOMC Minutes Show Fed To Rush Rate-Hikes, Leaves QT Details Up In The Air Since the Jan 26th FOMC meeting, bonds have been a bloodbath while stocks and gold are higher and the dollar flat… Source: Bloomberg We have also seen a dramatic rise in rate-hike odds in the period since the last FOMC meeting (helped in some part by Jim Bullard''s uber hawkish perspective), with a 60% chance of a 50bps hike in March priced-in... Source: Bloomberg And as the liftoff and trajectory of rate-hikes soared, the yield curve has collapsed signaling growing market fears that The Fed is on a path to a policy error... Source: Bloomberg Perhaps most notable is the fact the forward curve has moved rapidly to price in rate-cuts starting in 2023... Source: Bloomberg Which is now very obviously pricing in a more hawkish Fed in the short-term and then a dovish collapse... Source: Bloomberg With all that said, today''s release of the Fed Minutes are somewhat moot, given all the post-FOMC FedSpeak, but all eyes will be on any signaling around the 50bps hike, the timing of QT, and any comments on the terminal rate (the peak rate of the hiking cycle) anyone on The Fed expects.

(Kitco News) - Over the long term, gold has proven itself to be a reliable hedge against inflation. However, its track record over the short term is not as stable, but that doesn’t mean it doesn’t have value as an investment asset, according to research from the top business school in the U.S.

Kitco News'' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices

Gold futures on MCX were trading down by 0.13 per cent or Rs 62 at Rs 49,323 per 10 grams. Silver futures eased more than 0.16 per cent or Rs 103 to Rs 62,886 per kg.

Russia-Ukraine Conflict LIVE Updates: Gold prices fall from 8-month high as Ukraine tensions ease Gold prices fell today from an eight-month peak scaled in the previous session, as signs of a … Read Full Story at source (may require registration) The post Russia-Ukraine Conflict LIVE Updates: Gold prices fall as tensions ease; Russian invasion still a possibility, warns US President Joe Biden appeared first on ForexTV .

Spot gold price fell 0.1 percent to $1,850.91 per ounce, as of 0110 GMT. US gold futures dropped 0.2 percent to $1,852.40.Gold prices had rallied to their highest since June last year on Tuesday, … Read Full Story at source (may require registration) The post Gold prices fall from 8-month high as Ukraine tensions ease appeared first on ForexTV .

Spot gold was down 0.1% at $1,850.91 per ounce, as of 0110 GMT. U.S. gold futures dropped 0.2% to $1,852.40

Gold prices slipped on Wednesday, pulling further away from an eight-month peak scaled in the previous session, as signs of a slight de-escalation in the Russia-Ukraine standoff diminished the appeal of safe havens. Spot gold was down 0.1% at $1,850.91 per ounce, as of 0110 GMT. U.S. gold futures dropped 0.2% to $1,852.40.

The prices of gold and silver vary across the country due to excise duty, state taxes, and making charges

U.S. gold futures settled down 0.7% at $1,856.20.