NYSEARCA:AAAU

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$42.66
+0.0900 (+0.211%)
At Close: Jun 08, 2026
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
Gold was steady in the early Asian session as traders assessed U.S. President Trump's inauguration speech.
U.S. dollar's pullback provided additional support to gold and silver markets.
Gold prices recover above $2,703 as softer U.S. inflation data fuels Fed rate cut bets. Silver eyes key resistance amid geopolitical uncertainties.
Hang Seng jumps 2% on China's stimulus and upbeat US-China talks. Tech stocks soar as optimism drives investor sentiment.
Gold and silver rallied last week but failed to break key resistance levels, while the US dollar retreated from a strong resistance area.
Gold edged lower on a possible technical correction in the early morning Asian session after front-month gold futures settled 1.3% higher on Friday.
The US dollar has remained strong this week in most of its pairs after inflation increased as expected.
Gold exports from Africa more than doubled between 2012 and 2022 from 243 metric tons to 609 metric tons.
Gold holds steady above $2,700 with weekly gains, supported by safe-haven demand and speculation of Fed rate cuts. Traders await Trump's policy announcements.
Hang Seng rallies 2.73% as Fed rate cut bets and China's economic rebound boost market sentiment. Tech and real estate stocks lead the charge
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
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