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3 03, 2024

Canada needs extra time to dispatch Costa Rica in CONCACAF W Gold Cup quarterfinal

By |2024-03-03T05:29:28+02:00March 3, 2024|Gold News|0 Comments


Canada outshot Costa Rica 39-5 (10-1 in shots on target), with 13 corners to Costa Rica’s one, and had 65 per cent possession.

It marked the Canadian women’s first foray into extra time since the Olympic final in Tokyo in August 2021, which ended in a penalty shootout win over Sweden.

Canada had won all 16 previous meetings with Costa Rica, with a combined 51-6 edge in goals, including a 3-0 victory in group play Wednesday in Houston.

Sheridan, who had been a spectator for most of the match, made a game-saving save in second-half injury time, kicking out her right foot to deny substitute Alexa Herrerra in a rare Costa Rica attack, assisted by some statue-like Canadian defending.

Facing a physical Costa Rica team that packed its defence, Canada dominated play but could not finish and went into halftime tied 0-0. The Canadians outshot Costa Rica 16-1 (5-0 in shots on target) in the first half and had 70 per cent possession.

The Canadians began to show some frustration in the second half, unable to dent Costa Rica. It was one-way traffic but Costa Rica defended resolutely.

The win over Costa Rica on Wednesday sent the Canadians into the knockout round as the top seed among the eight teams advancing, having outscored its opposition 13-0 in three group stage wins with a combined 51-5 edge in shots.

Costa Rica had to survive a drawing of lots with No. 103 Puerto Rico to move on as the eighth seed after all other tiebreakers failed to separate the two teams.

No. 11 Brazil played No. 31 Argentina in the nightcap at BMO Stadium, home to Los Angeles FC and Angel City FC.

Stiffer competition awaits Canada.

The Canadians will face either the second-ranked U.S. or No. 23 Colombia in Wednesday’s semifinal in San Diego. The U. S-Colombia game goes Sunday at BMO stadium.

Canada coach Bev Priestman fielded perhaps the strongest starting 11 she had available, with Jade Rose, Cloe Lacasse and Quinn, who goes by one name, coming in for Shelina Zadorsky, Clarissa Larisey and Simi Awujo.

The Canadians are missing the injured Janine Beckie, Sydney Collins, Nichelle Prince, Jayde Riviere and Desiree Scott.

Canada threatened early, creating some five chances in the first 15 minutes but not finishing them.

The Canadians scored twice on set pieces against smaller Costa Rica in the group stage match and defender Vanessa Gilles came close in the eighth minute, sending her header over the crossbar from a corner.

Solera parried a Fleming shot in the 13th minute after a nice setup by Lacasse. Gabby Carle came close in the 21st minute but sent her shot high after a fine run. Then Jordyn Huitema was unable to knock home a ball in front of goal in the 30th minute after Adriana’s Leon’s cross deflected off a defender to her.

Gilles’ header flashed wide in the 35th minute, off a well-flighted cross from Fleming. A minute later, a Leon corner almost turned into an own goal when her delivery bounced off a defender and hit the post.

A diving Solera made a spectacular one-handed save in the 41st minute to push away Huitema’s downward header. And in first-half stoppage time, a Costa Rica defender cleared a Leon shot off the goal line with Solera down after a collision.

Huitema, who took several knocks in the first half, was replaced at halftime by Deanne Rose.

Costa Rican players went down with regularity in the second half no doubt with one eye on the clock and looking to disrupt the Canadian momentum. Canada’s wayward finishing continued in the 59th minute with Ashley Lawrence sending a shot high.

Deanne Rose’s volley was off target in the 82nd minute. Minutes later, Gilles’ shot, after a corner, went high and Leon misfired soon after.

Gilles’ stoppage-time header off a corner flashed just wide.

The Canadians earlier dispatched No. 104 El Salvador 6-0 and No. 50 Paraguay 4-0. Costa Rica lost 1-0 to Paraguay before defeating El Salvador 2-0.

Canadians Kadeisha Buchanan, Fleming and Leon were named to the tournament’s team of the group phase by tournament organizers.

—

This report by The Canadian Press was first published March 2, 2024.

The Canadian Press



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3 03, 2024

Gold Rate in Qatar Today – 03 March 2024

By |2024-03-03T04:08:22+02:00March 3, 2024|Gold News|0 Comments


Gold Rate in Qatar

Gold Rate in Qatar Today – 03 March 2024

Gold rate in Qatar recorded a QAR 2,780.43 24k per tola on 03 March 2024. These rates are given in 1 tola, 1 gram, and 10-gramme increments in Qatari Riyal. Every day, the local gold and bullion markets in the Qatar provide live rates.

Live international today gold rate in QAR and its converted price of gold Qatari Riyal facilitates to the Qatari gold souk, gold investors, and individuals for fresh updates.

Gold 24K per Ounce QAR 7,413.84 $2,036.51
Gold 24K per 10 Grams QAR 2,383.57 $654.74
Gold 22K per 10 Grams QAR 2,184.94 $600.18
Gold 24K per Tola QAR 2,780.43 $763.76
Gold 22K per Tola QAR 2,548.73 $700.11



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3 03, 2024

Local athletes win gold at Special Olympics

By |2024-03-03T02:47:49+02:00March 3, 2024|Gold News|0 Comments


With their starting goalie out due to illness, London Blazers backup Zack Griffith knew it was his time to step up in the championship game.

“Our other goalie wasn’t feeling well so I stepped and went in,” said Griffith of St. Thomas, Ont., who has been in Special Olympics for seven years.

And step up he did. He allowed just one goal in a 4-1 gold medal win over Alberta at the Canada Winter Special Olympic Games.

“It feels fantastic. My favourite part was when we won together as a team,” he said.

Chris Lauzon heaped praise on his teammate Griffith, “He had to play today, and played on his head today.”

For Lauzon, a 20-year journey in Special Olympics culminated with the best moment of his sporting life.

“It’s so exciting,” said Lauzon. “We lost to Alberta in the round-robin, but we beat them to win gold today.”

Battling illness and injury, the Blazers weren’t about to give up.

In the semifinals, they faced adversity like they’ve never seen before.

“We were down four guys, two from isolation and one with a concussion, and our starting goalie wa out,” said Todd Desilva, head coach of the Blazers team. “We had to basically play shorthanded every other shift with four players, then five. They stepped up and got us to the Gold medal game.”

The Blazers are just one of many medals which are coming home to the London area.

Alpine Skier Ben So, who we featured prior to the games, won two gold and one silver medal.

Speed Skaters Cameron Banerjee (1 gold, one silver), Jackson Tomlinson (1 gold, one silver, one bronze) and Sara Albers (1 gold, 2 silver) also reached the podium.

Five-Pin bowler Kathleen Mills finished fourth in singles, and fifth in team play.

The athletes return to London from Calgary on Sunday.

Speed Skater Jackson Tomlinson. (Source: Special Olympics Canada)



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3 03, 2024

Gold Rate in Saudi Arabia Today – 03 March 2024

By |2024-03-03T01:25:49+02:00March 3, 2024|Gold News|0 Comments


Gold Rate in Saudi Arabia Today – 03 March 2024

Gold Rate in Saudi Arabia Today – 03 March 2024

Today Gold rate in Saudi Arabia, (SAR) 10 gram of 24K gold is SAR 2,455.42. However, these rates are given in 1 tola, 1 gramme, and 10-gramme increments in Saudi Riyal.

Every day, the local gold and bullion markets in the SAR provide live rates.

Gold Rate in Saudi Arabia Today

The latest Gold Rate in SAR on, 03 March 2024. is mention below.

Gold 24K per Ounce SAR 7,637.32 $2,036.51
Gold 24K per 10 Grams SAR 2,455.42 $654.74
Gold 22K per 10 Grams SAR 2,250.80 $600.18
Gold 24K per Tola SAR 2,864.24 $763.76
Gold 22K per Tola SAR 2,625.55 $700.11



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3 03, 2024

Over 2 kg of gold seized at Kochi airport

By |2024-03-03T00:04:32+02:00March 3, 2024|Gold News|0 Comments


Customs officials seized over two kilograms of gold from three passengers at the Cochin International Airport on Saturday. Three persons, including a woman, were detained. In one case, a Pattambi native was intercepted on his arrival from Dubai.

Gold, in the form of three capsules, weighing 797 grams were recovered from his body. In another incident, four capsules containing 1,182 grams of gold were seized from a Malappuram resident on his arrival from Sharjah. Besides, a gold chain and bangle were also seized. A woman from Kasaragod was intercepted on her arrival from Abu Dhabi with 272 grams of gold.

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2 03, 2024

Gold Rate in Saudi Arabia Today – 03 March 2024

By |2024-03-02T22:43:30+02:00March 2, 2024|Gold News|0 Comments


Gold Rate in Saudi Arabia Today – 03 March 2024

Today Gold rate in Saudi Arabia, (SAR) 10 gram of 24K gold is SAR 2,455.42. However, these rates are given in 1 tola, 1 gramme, and 10-gramme increments in Saudi Riyal.

Every day, the local gold and bullion markets in the SAR provide live rates.

Gold Rate in Saudi Arabia Today

The latest Gold Rate in SAR on, 03 March 2024. is mention below.

Gold 24K per Ounce SAR 7,637.32 $2,036.51
Gold 24K per 10 Grams SAR 2,455.42 $654.74
Gold 22K per 10 Grams SAR 2,250.80 $600.18
Gold 24K per Tola SAR 2,864.24 $763.76
Gold 22K per Tola SAR 2,625.55 $700.11



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2 03, 2024

Gold medal games start at 1

By |2024-03-02T21:22:32+02:00March 2, 2024|Gold News|0 Comments


Three Cochrane basketball teams are in the gold medal games of the Rocky View Sports divisional championships, and two others played for bronze earlier today at Bow Valley High, the host school.

Gold medal games kick off at 1 p.m. when the Bow Valley Bobcats junior boys face the Bert Church Chargers. 

The Cochrane High Cobras junior girls hope to hand the W. H. Croxford Cavaliers their first season loss at 3 p.m.  

The Cobra seniors boys team will challenge the undefeated Cavaliers for gold at 5 p.m.

This morning, the Cobras junior boys played for bronze against the Cavaliers and the Bobcats junior girls played the Chargers.

Leading up to today’s medal games, the Cobras senior boys beat the Bobcats, then the George McDougall Mustangs to advance to the final. Yesterday, the Cobras junior girls punched their ticket to the final with a semifinal win against the Chargers and the Bobcats junior boys defeated the Cobras.

ASAA south central zone finals get underway next week to determine who advances to the provincials, being hosted by Strathmore High from Mar. 14 to 16.



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2 03, 2024

Gold Rate Rises In India: Check 24 Carat Price In Your City On March 2

By |2024-03-02T09:09:29+02:00March 2, 2024|Gold News|0 Comments


Gold Rate Today In India: Gold prices in India underwent fluctuations on March 2, 2024. Despite this, the fundamental price for 10 grams remained fairly steady, hovering around Rs 64,000. A detailed analysis shows that the average price for 10 grams of 24-carat gold stood at roughly Rs 64,090, whereas 22-carat gold averaged Rs 58,750.

At the same time, the silver market displayed a consistent upward trend, reaching Rs 75,000 per kilogram.

Gold rate today in India: Retail gold price on March 2

Gold Rate Today In Delhi

As of today, March 2, 2024, in Delhi, you would need approximately Rs 58,900 to purchase 10 grams of 22-carat gold and Rs 64,240 for the same amount of 24-carat gold.

Gold Rate Today In Mumbai 22 Carat & 24 Carat

Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 58,750, while the equivalent amount of 24-carat gold is valued at Rs 64,090.

Gold Rate Today In Ahmedabad

In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 58,800, and for the same amount of 24-carat gold, it’s Rs 64,140.

Check gold rates today in different cities on March 2, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Chennai 59,400 63,720
Kolkata 58,750 64,090
Gurugram 58,900 64,240
Lucknow 58,900 64,240
Bengaluru 58,750 64,090
Jaipur 58,900 64,240
Patna 58,800 64,140
Bhubaneshwar 58,750 64,090
Hyderabad 58,750 64,090

Multi Commodity Exchange

On March 1, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. These contracts were priced at Rs 63,600 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 72,272 on the MCX.

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Retail Cost of Gold

The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when purchasing gold. This price is influenced by several factors beyond the inherent value of the metal itself.

Gold is highly important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.

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    2 03, 2024

    Gold rate today at nine-week high on US Fed rate cut buzz, ease in US dollar rate

    By |2024-03-02T06:24:35+02:00March 2, 2024|Gold News|0 Comments


    Gold rate today: On account of easing US inflation data igniting the US Fed rate cut buzz, gold prices witnessed strong upside movement in the week gone by. The yellow metal gained on second week in a row as the potential rate cut buzz in the upcoming US Fed meeting triggered profit-booking in the currency market, which led to ease in the US dollar rate. Gold futures contract on the Multi Commodity Exchange (MCX) ended at ₹63,600 per 10 gm level whereas the spot gold price finished at $2,082 per ounce level.

    Triggers for gold price appreciation

    Speaking on the reasons that fueled the gold price rally last week, Anuj Gupta, Head — Commodity & Currency at HDFC Securities said, “Gold attracted investors’ attention after better-than-expected US inflation print, which triggered profit-booking in the currency market as the outlook for the US dollar turned weak. The US dollar index came below the 104 level and ended at the 103.89 mark on Friday, logging an intraday loss of 0.26 percent. Ease in the US inflation data has provided fodder to the US Fed rate cut buzz as the market is expecting a potential rate cut in the upcoming US Fed meeting.”

    Also Read: Buy or sell: Sumeet Bagadia recommends three stocks to buy today — March 2

    On key factors that played an instrumental role in gold price appreciation, Sugandha Sachdeva, Founder of WealthWave Insights said, “Gold prices surged for the second consecutive week, reaching a nine-week high and marking gains of around 2 percent. This upward trajectory was primarily propelled by several key factors influencing market sentiment. One significant driver was the release of easing US inflation data, which ignited expectations of potential rate cuts by the US Fed in June. The PCE price index data, a closely monitored metric by the Fed, exhibited a cooling trend in January, registering its smallest annual increase in nearly three years. This development could provide a conducive environment for the US central bank to consider rate adjustments, contributing to the bullish sentiment surrounding gold.”

    Also Read: Day trading guide for stock market today: Nine stocks to buy or sell on Saturday

    However, Sugandha maintained that the US Federal Reserve officials have indicated a measured approach towards rate adjustments, emphasizing the need for further efforts to bring inflation down to the targeted 2 percent level. Despite this cautious stance, gold prices saw a notable uptick towards the end of the week, supported by a weakening dollar index and a decline in US treasury yields. Additionally, weaker-than-expected readings on US manufacturing and consumer sentiment in February prompted a rally in both gold and silver prices.

    Key factors to watch

    “Market participants are closely monitoring upcoming US employment reports for insights into the potential timing of rate cuts by the Fed. In terms of the price outlook, both gold and silver concluded the week on a strong note, suggesting further upward momentum,” Sugandha added.

    Gold price target

    On important levels to watch in the bullion market, Sugandha Sachdeva said, “The overall price set-up suggests that intermittent corrections may occur, but they are likely to attract buying interest. Gold has established strong support around the ₹61,800 per 10 gm mark and appears poised to advance towards the ₹64,200 per 10 gm mark in the near term. Similarly, silver has formed a solid base near the ₹70,500 per kg mark and is anticipated to trend higher towards the ₹73,300 to ₹74,000 per kg levels in the coming days.”

    Asked about the gold price outlook in the near term, Sugandha Sachdeva said, “Overall, the prevailing factors driving gold prices, including expectations of rate cuts, weakening dollar, and price patterns, indicate a favorable outlook for both gold and silver in the foreseeable future.”

    Disclaimer: The views and recommendations above are those of individual analysts, experts, and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.

    Here’s your comprehensive 3-minute summary of all the things Finance Minister Nirmala Sitharaman said in her Budget speech: Click to download!



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    2 03, 2024

    CPM Trade Signal – March 1, 2024

    By |2024-03-02T05:03:10+02:00March 2, 2024|Gold News|0 Comments


    CPM Gold Trade Recommendation

    Time Stamp 

    Prices as of 3:03 p.m. EST 1 March 2024 $2,092.90 (Basis the April 2024 Comex contract). 

    Recommendation: Sell

    Initial Target Price / Range: $2,075

    Initial Timeframe: 1 March 2024 to 15 March 2024

    Gold prices rallied today following a lower than expected ISM manufacturing figure for the United States coupled with a Personal Consumption Expenditure inflation index slightly below market expectations on Thursday. There has been a combination of factors that have been increasing gold price volatility over the past several weeks and prices have been slowy rising from their mid-February lows until today. This includes the mixed economic data for the United States along with political discord and friction in Europe and the United States, in addition to the ongoing, perhaps worsening conflicts between Israel and Hamas, and Russia and Ukraine. 

    Gold prices have sold off most every time they have tested resistance levels, and as prices test strong support levels, investors step back into the market initiating new longs once more. This has kept gold prices in a wide range mostly above $2,000. Gold prices are now testing $2,100, having firmly broken above $2,050 yesterday. The market appears to be looking for reasons to go long gold, and taking profits as technical resistance levels are tested. 

    It is unclear if prices will continue to climb in the near term, but they already have made strong gains, suggesting the potential for a short-term pullback on profit taking. A retrenchment in prices could push gold back toward $2,075, which could potentially present a buying opportunity should the upward momentum continue. There is still some seasonal strength in gold prices that could last through end-March. 

    CPM has one-month, three-month ranges and eight-quarter quarterly price projections with greater discussion of the factors behind CPM’s analyses provided in CPM’s monthly subscription service, the Precious Metals Advisory. 

    While short-term trade recommendations provide high risk – high reward opportunities for investors, it is difficult to capture the complex web of factors affecting precious metals prices and the nuanced CPM analyses of these factors that goes into our firm’s price projections. In addition to these short-term outlooks, CPM Group provides clients enhanced trade recommendations that include one and three month price projections, as part of our Retail Investor Program. Contact CPM at info@cpmgroup.com for details.

    Notes: 

    Initial Target Prices and Timeframes are just that: Initial. If CPM does not issue a new Recommendation during or after that time it indicates that CPM maintains the posture in the most recent Trade Recommendation. Position may be closed out once target price is reached, within the noted discretion or until CPM provides new trade recommendation. CPM may have reported to have closed out of prior trade recommendation at its discretion before publicly publishing new trade recommendation due to processing time. 

    Discretion should be allowed at +/- 0.20% of the price at the time each TR is issued from the target. 

    CPM’s preferred investment strategies use physical, futures, forwards, and options.

    CPM Group wants to thank the following companies for helping us make these short Trade Signals available free of charge, and for their commitment to providing good information in opaque and asymmetrical commodities markets. 

    Kitco
    Metallic Minerals
    Stillwater Critical Minerals
    Granite Creek Copper

    Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



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