Aberdeen Standard Gold Etf Trust ETF News

In the spot market, highest purity gold was sold at Rs 53,595 per 10 grams while silver was priced at Rs 70,580 per kg on Monday

Gold prices scaled a 19-month high on escalating tensions between Russia and Ukraine. Silver vaulted too. What is the outlook for precious metals? Anil Ghelani, head – Passive Investments Products at DSP Investment Managers thinks that gold prices could continue to move up from current levels given rise in demand from central banks and from an investment perspective

Key Highlights GBP/USD followed a bearish path below 1.3280. Gold price extended gains and tested the $2,000 resistance. Crude oil price surged to $130 before correcting lower. AUD/USD and NZD/USD performed better than GBP/USD and EUR/USD. GBP/USD Technical Analysis The British Pound started a major decline after it failed to clear 1.3420 against the US […] The post GBP/USD Extends Decline, Gold Visits $2K appeared first on Action Forex .

On February 11th, the US announced that Russia could invade Ukraine any day. Since then, the US Dollar Index has moved from a low on February 11th of 95.64 to a high today of 99.42, a move of nearly 4% in less than a month. The US Dollar, the Japanese Yen, and gold are a […] The post The US Dollar Index (DXY): How Much Higher Can it Go? appeared first on Action Forex .

Short Term Elliott Wave View in Gold (XAUUSD) suggests that cycle from September 30, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 30 low, wave 1 ended at 1877.15 and pullback in wave 2 ended at 1753.10. The metal then rallied higher in wave 3 towards 1974.40 and […] The post Elliott Wave View: Pullback in Gold Should Remain Supported appeared first on Action Forex .

In light of the Russia-Ukraine war, analysts at Goldman Sachs raised their gold price target over different time horizons. Key quotes “Targets raised

Gold prices slid from the key $2,000-per-ounce mark on Tuesday, as the U.S. dollar held firm near a multi-month peak, while palladium eased from record highs after investors took a breather as Russia-Ukraine talks hardly advanced.

TORONTO , March 7, 2022 /CNW/ - Orford Mining Corp. ("Orford") (TSXV: ORM ) is pleased to provide an update on the 2021 summer exploration activities at Qiqavik after a lengthy delay receiving analytical results from laboratories. The highlight of the summer program is the identification of sub-horizontal, extensional gold bearing veins that are a potential source of the high grade Eric & Annick boulder trains that run at an oblique angle to the regional IP-Lake Shear Corridor (IPLS). The Orford Board of Directors has approved a $3.5 million exploration program with up to 3,000 metres of diamond drilling in 2022 to test the Annick trend as well as additional targets in the Interlake and IP Lake Structural zones. The 2021 exploration program was focused along the seven kilometer plus IPLS which is associated with several high-grade gold boulder trains of up to 648 g/t Au and high gold grains anomalies in glacial till samples of up to 560 grains per 10kg. In 2021, 2,030 meters of diamond drilling was focused along a three kilometer strike length of the IPLS (Table 1 and Table 2, Figure 1), along with the collection of 7kg till samples for gold grain counting.

“Anytime that we see the price of a mineral, particularly gold, go up, that is a positive for Nevada’s economy, for the 37,000 families that are employed within the mining … Read Full Story at source (may require registration) The post Market turmoil sends gold price back up to $2,000 appeared first on ForexTV .

Gold has made new highs this week and may test the all-time peak as uncertainty and lower real yields overcome a strong US Dollar. Will XAU/USD make a new high?

The rate of gold jewellery varies across the nation due to excise duty, state taxes, and making charges.

The price of gold is firm in Tokyo and eyes the $2,000 level. However, the hourly structure on the charts is not conducive at this point for sustained

Gold ripped into the weekly open with XAU/USD breaking to fresh yearly highs amid the intensifying War in Ukraine. Technical levels that matter on the weekly chart.

Russia produces about 6 per cent of the world''s aluminium, 10 per cent of global mined nickel and 3.5 per cent of world copper supply

Gold futures rallied on Monday to finish at their highest price since mid-August 2020, with the precious metal continuing to find support as a haven investment as the Russia-Ukraine war rages on. "Ongoing concerns about price pressures and Fed policy expectations being dialed back slightly due to geopolitics are both strong tailwinds behind gold here," analysts at Sevens Report Research, wrote in Monday''s newsletter. April gold rose $29.30, or 1.5%, to settle at $1,995.90 an ounce. That was the highest finish for a most-active contract since Aug. 17, 2020, FactSet data show. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.