NYSEARCA:AAAU

Perth Mint Physical Gold Etf ETF News

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$42.57
-1.61 (-3.64%)
At Close: Jun 05, 2026
Middle East conflict boosts gold prices, but the strong U.S. dollar and rising Treasury yields could limit gains. Inflation data will be key this week.
Resilient U.S. economy and China's stimulus dampen gold's appeal, signaling a bearish outlook as XAU/USD remains below the key $2,648 pivot.
US Jobs Report boosts risk appetite, fuels Asian stock gains. Nikkei 225 and Hang Seng advance as investors eye the Middle East conflict.

Gold Falls on Weaker Sentiment

09:11pm, Sunday, 06'th Oct 2024
Gold edged lower in early Asian trade. Strong U.S. jobs data has lowered the pressure for bigger Fed rate cuts.
Asian markets diverge: Hang Seng surges, ASX dips on Fed outlook, and Nikkei declines despite weaker yen, as China stimulus drives HK demand.
24/7 Wall St. Key Takeaways: Gold provides stability and a means of diversification, though it doesn't appreciate as much as other assets.
Rising Treasury yields and a stronger dollar pressure gold prices, while Middle East tensions offer limited safe-haven support.

Gold once again shows its mettle

05:34pm, Friday, 04'th Oct 2024
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.
David Stryzewski expects to see a bull market for the short-term, but isn't convinced on the Fed's rate cut direction. He says, "I don't think inflation is under control.
Rising Treasury yields put significant pressure on gold markets today.

Nobody wants to be short gold this weekend

01:31pm, Friday, 04'th Oct 2024
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
The gold market continues to find buyers to jump into it, as the situation still looks as if the upward trajectory continues. All things being considered, there is nothing on this chart currently that
The gold market pulled back a bit in the early hours of Friday, as the market continues to pay close attention to the Federal Reserve overall. Also, it is worth noting that this is a market that conti
Gold futures edged higher on Friday, with strength in the U.S. dollar following a stronger-than-expected September jobs report keeping gains in check.
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