Aberdeen Standard Gold Etf Trust ETF News

Kitco News'' contributed commentary features articles and opinions from some of the top experts in the gold industry.

Gold continues to benefit from the market turmoil and has apparently forgotten about medium-term problems. Meanwhile, the rising USD and a hawkish Fed await confrontation.

Gold price fell below Rs 49,500 on MCX, a drop by more than Rs 500. The global market slipped below $1860. Heavy selling was witnessed in silver too, fell by more than Rs 1200, the price on Comex fell by 2%.

Gold prices put in a sharp fall this morning on news of Russia pulling troops back from the Ukrainian border.

The FED has made it very clear that it will raise its benchmark interest rate, the federal funds rate.

Gold has been heading higher over increasing market volatility and tensions in Ukraine. Futures must hold $1850 to support a bullish breakout to new highs.

Overall market sentiment improved a lot after Russia said it pulled back some troops near the border of Ukraine. As worries of imminent war eased, Gold and oil price dip notably, while stocks rebound. Euro is staging a recovery, together with Aussie and Kiwi. On the other hand, Yen and Dollar are turning softer, together […] The post Euro Rebounds, Sentiment Improved as Russia-Ukraine Tensions Ease appeared first on Action Forex .

Spot gold was down 1.3 percent to $1,846.46 per ounce by 1318 GMT, after hitting its highest level since June 11 at $1,879.48.

ISLAMABAD, Feb 15 (APP): The price of 24 karat per tola gold witnessed a decrease of Rs700 and was sold at Rs 125,700 on Tuesday against its sale at Rs126,400 in the local market the previous day. The … Read Full Story at source (may require registration) The post Gold prices decline by Rs700 to Rs 125,700 per tola appeared first on ForexTV .

(Kitco News) - Gold and silver futures prices are solidly lower in early U.S. trading Tuesday. Gold prices backed off from a nearly three-month high scored overnight.

Gold futures retreat Tuesday as the steady march toward conflict in Russia over Ukraine were seen easing somewhat, momentarily weakening bullion''s bull case.

Market Roundup UK Jan Claimant Count Change -31.9K, -28.0K forecast, -43.3K previous UK Labour Productivity 1.0%,-1.4% previous UK Dec Employment Change 3M/3M (MoM) -38K, -65K forecast, 60K previous UK Dec…

https://www.investing.com/analysis/opening-bell-futures-europe-stocks-bounce-on-easing-ukraine-tensions-gold-drops-200617988

In fulfillment of a promise made, Titan Farms Limited has paid a whooping N246.8million to 124 investors in two months. The firm made this known in a document attached to a statement released by the firm recently which also states that N49.9 million and N196.8million were paid in December, 2021 and in January 2022 respectively. The statement stated that these investors were paid in cash and products which consist of rice, flour, or land. According to the document, as of December 2021, 37 investors were settled and that culminated to N49.9million, while in January 2022, it was discovered that eighty-seven investors were also settled to the tune of N196.8million. Read also: Nigerian maize farmers record 60% increased production The document entitled Investment Settlement from Whatsapp group 2 Titan Farms settlement made in December. While confirming the settlement, Gbenga Eyiolawi, chief executive officer, Titan Farms, said it is true that over N246 million had been paid out as investors’ settlement and assured that more investors would still be paid as the payment is ongoing.

Double digit decline in gold imports and a slowdown in oil imports amid the third Covid-19 wave largely facilitated the narrowing of trade deficit