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
Gold (XAU) and Silver (XAG) prices remain steady, with bullish momentum hinging on breaking $2,633 and $30.11 resistance levels.
Asian stocks rise amid Fed relief and Beijing stimulus hopes. Hang Seng climbs on real estate optimism; Nikkei benefits from a weaker yen.
Gold prices were slightly lower in early Asian trade. Gold will likely be volatile in the short term amid expectations for fewer Fed rate cuts in 2025 and a stronger dollar, Sinolink Securities said.
Gold's outlook hinges on inflation and jobs data, with Fed rate cuts likely if the economy weakens. Traders brace for a data-driven market heading into 2025.
DXY rises 0.81% for the week as the Fed signals fewer 2025 rate cuts, Treasury yields climb, and inflation concerns persist.
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
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.
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
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.
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
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
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 prices hold below $2607 resistance as PCE inflation data looms. Fed's hawkish tone, rising Treasury yields, and dollar strength weigh on gold.
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