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WoMin African Alliance, a non-governmental organisation, has called on African countries with mineral resources such as gold, oil, gas, copper to immediately seek for transfer technology in order to benefit from the many years of neglect. The group made the call at the end of the exchange visits and knowledge sharing in three states of the Niger Delta. The states visited are Bayelsa, Akwa Ibom, and Rivers. WoMin works with women activists, communities, and organisations where mining activities have impacted the people negatively with a view of assisting them on campaign against environmental degradation and poverty. Over eleven countries are members of the network. Speaking with journalists shortly after the event, the Executive Director Kebetchache Women Development and Resource Centre, Emem Okon explained that the exchange visit of women from Botswana and SierraLeone was to share first-hand knowledge and information on how oil exploration has negatively affected the lives of the local community people where development has eluded them for ages, especially water, electricity, good road, health services, and even education as their livelihood has been totally destroyed.

Oil eases, gold extends rally

06:53pm, Tuesday, 08'th Feb 2022 MarketPulse
Oil pares gains as nuclear talks continue The oil price rally is cooling on Tuesday as the US and Iran indirectly continue talks over the nuclear deal that could see more than a million barrels quickly come back online. It couldn’t come at a better time given how tight the market is, not to mention […]

Gold futures tally a third-straight session gain

06:38pm, Tuesday, 08'th Feb 2022 MarketWatch
Gold futures rose on Tuesday, extending their gains to a third-consecutive session. "The only trade finding any real conviction right now seems to be betting on faster rate hikes sooner from the [Federal Reserve]," said Adrian Ash, director of research at BullionVault. He said he expects higher interest rates to act "like kryptonite to gold, sapping its strength. However, "the Fed is clearly so far behind the curve on inflation that the solid bid for gold says it''s either too late to ever catch up, or it''s about to make a historic mistake, hiking just as the economy cools down," said Ash. April gold rose $6.10, or 0.3%, to settle at $1,827.90 an ounce. Based on the most-active contract, prices marked their highest settlement since Jan. 26, 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.
Gold prices surged more than 2.6% off the January low with the rally now testing a key pivot zone ahead of US CPI. The levels that matter on the XAU/USD technical charts.
At $1,827, gold, XAU/USD is higher on the day by 0.40%. The price has moved from a low of $1,815.49 to reach a high of $1,828.40 so far. Overall, it''s
The British Columbia government says a proposed copper and gold mine on a First Nation''s territory will not be given an environmental assessment certificate, citing potential risks to water quality and fish.

Gold prices increase by Rs600, trades at Rs124,800 per tola

05:41pm, Tuesday, 08'th Feb 2022 The Nation Pakistan
The price of 24 karat per tola gold witnessed an increase of Rs600 and was sold at Rs124,800 on Tuesday against its sale at Rs124,200 the previous day.

Gold, silver rally as traders buy the early dip

05:39pm, Tuesday, 08'th Feb 2022 KITCO
(Kitco News) - Gold and silver futures prices are modestly up in midday U.S. trading Tuesday. Overnight losses were deemed by the precious metals bulls to be a bargain buying opportunity.
Read more on https://www.fxstreet.com
Gold (XAU/USD) stays mildly bid around $1,810, extending Fridays rebound amid the early Monday morning in Europe. While the US dollars lack of abili
Even as 10-year Treasury yields and the U.S. dollar index rose from intra-year lows toward the end of January, the precious metal held above $1,800 per troy ounce. Central to golds resilience, Read Full Story at source (may require registration) The post Gold has remained steady as stocks and bitcoin have plunged. Heres where it could go next appeared first on ForexTV .

Gold has remained steady as stocks and bitcoin have plunged

06:27am, Monday, 07'th Feb 2022 Bitcoin Ethereum News
The post Gold has remained steady as stocks and bitcoin have plunged appeared on BitcoinEthereumNews.com . A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday, Dec. 9, 2021. Andrey Rudakov
A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday,

Gold Futures: Further gains could be losing momentum

06:14am, Monday, 07'th Feb 2022 FXStreet
Open interest in gold futures markets extended the downtrend on Friday and shrank by around 1.5K contracts according to preliminary figures from CME G
Gold prices have remained resilient in recent weeks in the face of broad market volatility, decoupling somewhat from its typical price drivers.
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