Ishares Gold Trust ETF News

The difference between gold and silver might come down to these head-to-head matchups.

https://www.investing.com/analysis/precious-metals-update-gold-and-silver-key-trends-rotate-to-negative-200617204

The inflow was lower compared to 6,657 crore seen in 2020

The popular writer of the very popular publication Rich Dad Poor Dad, Robert Kiyosaki, has actually advised that the Federal Reserve as well as the Treasury are ruining the united state buck. Noting that they are sending out billions of buck savers as well as unenlightened capitalists to financial hell, he suggested, Save gold, silver, [] The post Rich Dad Poor Dads Robert Kiyosaki Says the Fed as well as Treasury Are Destroying the Dollar, Advises Saving Bitcoin appeared first on Bitcoin Investments .

New Private Currency Uses Bills Filled With Real Gold By Jackson Elliott of The Epoch Times Modern currencies such as Bitcoin expect to find success in a more technological world, but a new currency known as Goldbacks might corner the post-apocalyptic currency market. Goldbacks in several different denominations In 2019, Goldback president Jeremy Cordon said he had a dream in which he saw people paying for groceries using golden bills. Cordon had previously worked for years trying to make gold into functional money, but the dream gave him a new idea: What if a bill small enough to buy groceries could include a tiny percentage of gold? “This felt like an epiphany because I saw people using gold as a regular money,” he said. “This fit into the vision that anyone anywhere could use gold as their currency of choice.” For thousands of years, anyone who wanted to buy goods with gold faced “the small coin problem,” Cordon told The Epoch Times. A 1-ounce gold coin, worth about $2,000, is far too expensive for everyday use, but a cheap gold coin is impractically small. “Gold is the best money, but it can’t buy a loaf of bread,” he said.

Indias forex reserves fell to $629.755 billion in the week ending January 28, 2022 Mumbai (Maharashtra): Indias foreign exchange (forex) reserves declined by $4.531 billion to $629.755 billion in the week ended January 28 due to a sharp drop in foreign currency assets and fall in the value of gold reserves, the Reserve Bank of [] The post Indias Forex Reserves Fall To $629.75 Billion appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

(Kitco News) - How will the U.S. respond if Russia invades Ukraine? Implications for gold, oil and stocks

By Russ Cersosimo, co-founder of Hemp Synergistics. On January 24th, 1848, James S. Marshall, a lumber mill foreman in Coloma, California, noticed glistening flakes of gold in the stream bed below the mill’s water wheel. He took the discovery to his boss, lumber pioneer John Sutter. As news of the discovery spread, thousands of prospective gold miners traveled by land and sea to the San Francisco area, sparking the legendary California Gold Rush and paving the way to the West as we know it today. At the beginning of the gold rush, goldfields were primarily on "public land,” which was land formally owned by the United States government. However, there were no laws or guidelines in place and no functional enforcement mechanisms. With no law regarding property rights, people staked claims. Gold was simply "free for the taking,” which was beneficial to the early forty-niners. There was no private property, no licensing fees, and no taxes. It was the literal wild west, and essentially, a lawless environment.

Gold and silver futures retain their sideways range

Volatility continues to be a prominent factor in gold pricing today. The volatility revolved around the release of the Labor Departments jobs report for January.

Yields rally on stronger than expected payroll report

XAU/USD is trading at 1805.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that t

U.S. stocks remained level today fueled by a 0.5% decline in small cap stocks and a 0.6% decline in consumer discretionary stocks. The S&P 500 Index is currently down 4.6% year-to-date, and up 22.0% over the past 12 months. The Dow Jones Industrial Average is currently down 2.5% year-to-date, and up 19.2% over the past 12 months. Elsewhere, commodities climbed 0.3% with gold rising 0.3%, crude oil rising 0.1% and copper rising 1.0%. The yield on 10-year Treasuries is 1.79%, while the dollar weakened by 0.4% against a basket of other currencies. Meanwhile, investment grade corporate bonds rose by 0.0%, and high yield bonds rose by 0.2%. Stocks The S&P 500 Index stayed level. The Dow Jones Industrial Average stayed level. The Nasdaq Composite Index rose 0.6%. The Nasdaq 100 Index rose 0.8%. The Volatility Index declined 2.1%. Large cap stocks, as represented by the S&P 100 Index, rose 0.9%. Mid cap stocks, as represented by the S&P MidCap 400 Index, rose 0.0%. Small cap stocks, as represented by the S&P SmallCap 600 Index, declined 0.5%. Sectors Stocks in the Health Care sector rose the most with a 1.5% gain. Stocks in the Consumer Discretionary sector fell the most with a 0.6% decline. With a 245.0% gain, stocks in the Technology sector have advanced the most over the past 5 years With a 2.8% decline, stocks in the Telecom sector have declined the most over the past 5 years Bonds The yield on 1-year Treasuries remained unchanged at 0.78% today. The yield on 5-year Treasuries remained unchanged at 1.62% today. The yield on 10-year Treasuries remained unchanged at 1.79% today. The yield on 30-year Treasuries remained unchanged at 2.11% today. Credit Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index rose by 0.0%. High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index rose by 0.2%. Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index rose by 0.4%. Commodities The S&P GSCI Total Return Index, the leading measure of general commodity price movements, rose by 0.3% West Texas Intermediate crude oil rose by 0.1%. Brent crude oil rose by 0.1%. Gold rose by 0.3%. Copper rose by 1.0%. Silver declined by 0.0%. Currencies The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, weakened by 0.4% to $25.7 today. The Euro strengthened by 0.3% to $1.13. The British pound strengthened by 0.4% to $1.36. The Japanese yen weakened by 0.2% to 114.43 per dollar. Cryptocurrencies Bitcoin declined by 3.9% to $37120.24 today. Ethereum declined by 3.1% to $2696.02 today. Tether declined by 0.2% to $0.9993404180511157 today. XRP declined by 3.1% to $0.6 today. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

"You can buy gold, diamond, crypto, but that will have not have the value authorization by government," said T.V. Somanathan.

Spot gold is trading at around $1,809.00 a troy ounce, marginally higher on a daily basis. The bright metal gained some upward traction during US tra