Aberdeen Standard Gold Etf Trust ETF News

(Kitco News) - There is strong momentum in the gold space as investors repositioned themselves going into another uncertain weekend with all eyes on Russia''s intensified attack on Ukraine.

Gold bulls have continued to push as tensions have yet to de-escalate in Ukraine, and with an attack on a nuclear power plant it doesn''t look as though resolution is on the horizon.

While the central bank may be keeping policy rates unchanged, lenders have to lure depositors with higher rates from real assets such as gold and real estate, considered natural stores of value to beat inflationary pressures.

Recession risks mounting It’s been another week of significant volatility in financial markets, one in which European indices edged closer to bear market territory, oil prices hit a 10-year high around $120, and safe-haven gold came close to $2,000. The Russian invasion of Ukraine and the severe sanctions imposed on it by the West have […]

Gold markets have gapped higher to kick off the trading week and then filled the gap underneath. By turning back around the way, we have, it looks to me as if the market is trying to break towards the crucial $2000 level.

Oil Crude prices rallied after Russian troops seized control of Europe’s largest nuclear power plant in Southeastern Ukraine. A fire at the nuclear site was extinguished and early reports were that there was no immediate indication of a rise in radiation levels. Yesterday, hopes were growing that a third round of talks could happen and […]

Gold prices broke out as geopolitics continued to drive investors into safe-haven assets. The dollar surged higher. U.S. yields moved lower despite a stronger than expected jobs report, which also showed revisions upward. Geopolitical risks continue to buoy the yellow metal. The Fed has signaled that they will increase rates by 0.25% on March 16, …

Gold markets have had a very bullish session on Friday as we continue to see a lot of fear in the market. Because of this, the market is more likely than not going to eventually break out above the highs and go looking towards the $2000 region.

Gold prices extended gains Friday after a US job report that showed wage growth slowed even as hiring boomed last month

(Bloomberg) -- Gold headed for its biggest weekly gain since late 2020 as the war in Ukraine fueled demand for haven assets. Most Read from BloombergRussian Forces Occupy Site of Nuclear Plant as Fire ContainedUkraine Update: Russian Troops Occupy Nuclear Plant SiteRussia’s Rating Cut to Junk; Talks on Tap: Ukraine UpdateGerman Authorities Said to Deny Seizing Usmanov YachtWhat We Know About Ukraine’s Shelled Nuclear PlantInvestors are assessing the economic fallout from Russia’s invasion of its

Financial markets around the world are in turmoil as Russia’s assault on Ukraine escalates. Gas prices hit a record €200 per megawatt hour and oil surged to more than $110 a barrel. Gold prices also … Read Full Story at source (may require registration) The post Ukraine war: Financial markets plunge across the world as gold price surges appeared first on ForexTV .

(Kitco News) - The world''s biggest gold ETF has seen a surge in volume as risk-off sentiment continues to grip financial markets. Overnight there has been more news from the Russian/Ukraine conflict as a nuclear power plant was attacked and this could send more flow into safe havens.

(Kitco News) - The London Bullion Market Association (LBMA) has asked six Russian gold refiners its accredits if they have any commercial links with sanctioned Russian entities and if there are any it could affect their accreditation. The LBMA certifies around 70 refineries around the world to produce gold and around 80 to produce silver.

Gold remains one of the most sensitive assets to changes in risk mood. Apart from the encouraging fundamentals favoring XAU/USD, the metal’s technical

Gold prices rose on March 4 morning amid investor demand for safe-haven assets due to geopolitical risks