Spdr Gold Minishares Trust ETF News

Gold futures on Thursday head sharply lower, on track for the sharpest daily slump for the precious metal in over six weeks.

Highlights: Fully-funded and permitted winter 2022 exploration drilling campaign has commenced, with plans for an initial 11,000 metres of drilling to test multiple targets at the Rice Lake and Apex ( Snow Lake ) Gold Properties in Manitoba A seasoned mid-tier Canadian gold producer recently acquired an 8.9% interest in the Company after completing significant due diligence over the last summer 1911 Gold has a cash balance of $9.9 million (as of December 31, 2021 ) On the Rice Lake Property, infill and step-out drillholes at the Tinney and Bidou projects will test for continuity and plunge extensions of high-grade gold intercepts from the Company''s previous drilling programs First-pass drilling will be completed on multiple new targets at the Bidou, Tinney and Wallace projects to follow up on high-grade gold in grab and channel samples At the Apex Property, the Company will complete first-pass drilling of new targets generated by fieldwork and high-resolution geophysical surveys, which indicate potential for both bulk-tonnage and narrow-vein high-grade gold The Company is actively planning for a robust field exploration program in 2022 to continue generating compelling new targets for exploration drilling TORONTO , Jan. 6, 2022 /CNW/ - 1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB) (OTCQX: AUMBF ) is pleased to announce the start of the 2022 exploration program on its high-grade gold properties in Manitoba , including the 100% owned Rice Lake and Apex ( Snow Lake ) Gold Properties.

Spot gold XAU= fell 0.3% to $1,804.60 an ounce by 1038 GMT, having touched its lowest since Dec. 29 at $1,792.30. U.S. gold futures GCv1 dropped 1.5% to $1,797.70.

Gold prices slid to one-week low on Thursday as minutes of the U.S. Federal Reserve''s December meeting signalled quicker increases to interest rates, boosting the dollar and Treasury yields.

Gold’s turn to shine is coming. This leading alternative asset’s secular bull is set to resume with a vengeance in 2022 and beyond. Read more here.

Gold prices declined in local markets during todays trading, due to the decline in the ounce of gold price in the global stock exchange. Hani Milad, Head of the General Division of Gold and Jewelry at the General Federation of Chambers of Commerce, said that gold prices dropped in the local market by one pound []

chief market strategist suggests that Gold will outperform Bitcoin and stocks in 2022. Read this full report

The government in conjunction with the Bank of Ghana is going to start a deliberate gold purchase programme that will target purchasing gold from the small-scale mining sector. The purchasing of gold from the small-scale mining sector follows some persuasion of the Central Bank by the government. Making the assertion at the Responsible Small Scale Mining

Bengaluru, December 24, 2021: In the run-up to Christmas and the New Year, redBus, Indias largest online bus ticketing platform, announces the launch of its year-end campaign with a special offer that allows lucky customers [] The post redBus adds glitter to the year-end campaign; lucky customers to walk away with a gram of Gold appeared first on Business News This Week .

Amritsar: With one positive case reported on Thursday, the district Covid tally increased to 47,452. At present, the district has a total of six active cases. Meanwhile, 7,343 residents were inoculated during the ongoing vaccination drive on Thursday. Of these, 2,499 received the first dose of the vaccine, while 4,844 received the second dose. TNS Gold, cash stolen from temple Amritsar: Some unidentified thieves struck at a temple in Ajnala town and decamped with gold, cash and goods from the temple. The priest at Lakshmi Narain temple claimed that thieves also desecrated the idols of gods and goddess. Several Hindu organisations gathered on the spot and staged protest against the desecration incident. The thieves entered the temple premises by breaking open the doors. They stole two earrings, cash box of gaushala, a motorcycle of the priest and sound system from the temple. Ashwani Kumar Mehta, president of the gaushala said: "We have requested the police to arrest the thieves within two days.

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Alex Mashinsky, the CEO of centralized finance platform Celsius Network, is saying that the flagship cryptocurrency and gold could surge next year.

Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 15.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,219 shares of the company’s stock after acquiring an additional 16,059 shares during […]

Special Report: High-grade drilling results make headlines. But what makes good grades across key commodities and what other factors should Read More The post Making the grade: What to look for in gold and silver drilling results appeared first on Stockhead .

Gold prices on December 23 morning rose amid the weakening of the US dollar exchange rate against world currencies