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The comprehensive free trade agreement between India and the UAE is likely to benefit about USD 26 billion worth of domestic products like gems and jewellery that are currently subjected to 5 per cent import duty by the Gulf nation, an official said. Labour intensive industries such as textiles, leather, footwear, sports goods, plastics, furniture, agricultural and wood products, engineering, pharmaceuticals and medical devices, and automobiles would gain substantially from the pact. The services sector segments which would get significant boost from the pact include computer-related services, audio-visual, education, health, tourism, travel, nursing, engineering, and accountancy, the official said. India and the UAE on February 18 signed the comprehensive economic partnership agreement (CEPA) with a view to boosting bilateral trade in goods to USD 100 billion over a five-year period and creation of lakhs of jobs. "While the UAE is already India''s second largest export destination with exports valued at approximately USD 29 billion in 2019-20, CEPA with UAE is likely to benefit about USD 26 billion worth of Indian products that are subjected to 5 per cent import duty by the UAE," the official said.

The good news is: Golds two-week streak has righted the terrible technicals such that after the RUS/UKR skirmish, price perhaps shant succumb to our expectations.

Financialisation of gold is the need of the hour including the priority to develop bullion exchange

https://www.investing.com/analysis/next-leg-up-for-gold-stocks-200618326

Gold Rate in Pakistan Today 20th February 2022 per tola for 24k is 124,800 and per 10 grams gold rate for 24k is 107,000.

UAE Gold: Today Gold Rate in UAE updated on, (20, Feb 2022) today 24 Carat is AED 229.75. while 22k Carat gold price is AED 215.75. The rate of 24 karat/gramme increases to AED 230.00 from previous days AED 229.75. The gold rate (22 karat/gramme) Appreciated to AED 216.00 from previous days AED 215.75. Gold [] The post Gold Rate in UAE on 20th feb 2022 appeared first on BOL News .

McMaken: The War Party Wants A New Cold War, & The Money That Comes With It Authored by Ryan McMaken via The Mises Institute, In perhaps the most predictable column of the year, the Wall Street Journal last week featured a column by Walter Russell Mead declaring it''s " Time to Increase Defense Spending ." Using the Beijing Olympics and the potential Ukraine war to push for funneling ever more taxpayer dollars into military spending, Mead outlines how military spending ought to be raised to match the sort of spending not seen since the hot days of the Cold War. Mead claims that "[t]he world has changed, and American policy must change with it." The presumption here is that the status quo is one of declining military spending, in which Americans have embraced some sort of isolationist foreign policy. But the reality doesn''t reflect that claim at all. The status quo is really one of very high levels of military spending, and even outright growth in most years. This sort of gaslighting by military hawks is right up there with left-wing attempts to portray the modern economy as one of unregulated laissez-faire .

Take a look at some ETF areas that can be considered good investment options amid rising inflation concerns.

Gold is trending higher. This is what happens when… by Dave Kranzler of Investment Research Dynamics This commentary plus the quickie review of Gatos Silver is an excerpt from the […]

The gold markets have gapped higher to kick off the trading session on Monday, and then shot straight up in the air. That being said, the market is certainly paying close attention to the Ukrainian border crisis.

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RIO DE JANEIRO (AP) — Brazil''s President Jair Bolsonaro has issued two decrees to drive gold prospecting with a focus on the Amazon rainforest, according to the texts published Monday in the official gazette. The Program to Support Development of Artisanal and Small-Scale Mining created by one decree aims to strengthen policies and stimulate best practices, according to the text. The Amazon “will be the priority region for the development of works,” it says. The other alters existing laws and regulations, for example requiring the nation''s mining regulator to establish simplified criteria for the analysis of permit requests for prospecting. The measures spurred outrage from environmental and Indigenous rights groups, which warned they would exacerbate the illegal destruction of the world''s largest tropical rainforest and pollution of its waterways with mercury, used to separate gold. “They run opposite to what the federal government should be doing,” Larissa Rodrigues, portfolio manager for an environmental think tank Choices Institute, said by phone. “There is enormous illegality circulating in the chain that is measurable.

ETFs based on precious and industrial metals have received attention as inflation hedges. But the offerings go beyond silver and gold.

By Peter Hobson LONDON (Reuters) – Concern among investors that the U.S. Federal Reserve will fail to control inflation is helping to lift gold prices despite a sharp rise in U.S. bond yields that would usually drive the metal lower, analysts said.

Gold broke the year-to-date high on Friday and has continued the momentum higher today, adding $7 to $1866. It''s been a one-way run for gold from the low of $1780 in late January. The next major hurdle is the November high of $1876 and we''re now within