Aberdeen Standard Gold Etf Trust ETF News

Bitcoin has struggled to hold its value in recent months, leading to many investors opting to sell off their holdings in the cryptocurrency. With ambitions to reach $100k appearing to be far from becoming a reality, could Bitcoin be losing ground on gold as a popular store of wealth? Or is its status as digital gold still intact?

(Kitco News) - Gold (0.18%) and (0.30%) are both trading higher leading into the European open. In the rest of the commodities complex, copper (0.10%) has moved higher but spot WTI (-0.45%) has bucked the trend to move into the red.

Government of Uganda has rejected the ruling by the International Court of Justice (ICJ) that Uganda should pay $325 million to the Democratic Republic of Congo (DRC) in war reparations. The Wednesday verdict penalized Uganda of the war dating back to 1998 and 2003 where Ugandan forces allegedly looted Congolese resources that included; gold, diamond, The post Uganda Rejects ICJ Ruling to Pay $325m to DRC in War Reparations first appeared on ChimpReports .

The direction of April Comex gold on Thursday is likely to be determined by trader reaction to $1833.90.

Read more on https://www.fxstreet.com

"ETF investors have also moved to side-lines after recent inflows. Gold has continued to rise indicating buying interest however it may halt as US inflation data today may add to expectations that Fed may act soon," said Ravindra Rao, CMT, EPAT, VP- Head Commodity Research.

U.S. indices were higher on Wednesday, as market volatility surrounding a rate hike began to marginally fade. This comes following Fridays better than

Gold (XAU/USD) buyers brace for the key day around a two-week high, picking up bids to $1,835 during Thursdays Asian session. The yellow metal recent

Gold prices were stuck in a tight range on Thursday as investors awaited U.S. inflation data that could offer fresh clues about the pace of the Federal Reserve''s monetary policy tightening. Spot gold was steady at $1,833.26 per ounce by 0113 GMT, hovering close to Wednesday''s high of $1,835.60. U.S. gold futures fell 0.1% to $1,834.30.

Bitcoin maintains a far stronger correlation with stocks than with gold, says the bank.

All eyes are on US consumer price data for January due on Thursday that could provide more clarity on the Federal Reserve''s rate hike trajectory

KARACHI: Gold rates in the local market increased by Rs750 per tola on Wednesday.According to data released by All Sindh Saraf Jewelers Association , gold rates in the local market moved up to Rs125,550 per tola.Similarly, 10-gram gold price also increased by Rs643 to Rs107,639. In the

Market Roundup US Dec Wholesale Trade Sales (MoM) 0.2%, 1.2%forecast,1.3% previous US Wholesale Inventories (MoM) 2.2%, 2.1% previous US Crude Oil Inventories -4.756M, 0.369M forecast,-1.046M previous US

He further said that gold prices have held upper trading range.