NYSEARCA:AAAU

Perth Mint Physical Gold Etf ETF News

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$42.57
-1.61 (-3.64%)
At Close: Jun 05, 2026
Gold prices reached an intraday high of $2,370 amid speculation of Fed rate cuts, bolstering the uptrend.
Gold consolidates on 50-Day MA support, setting the stage for a potential breakout towards new highs, maintaining a bullish outlook despite recent sideways movement.
Gold markets did not show strong reaction to Fed Chair Powell's testimony.
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
Fed needs more good data to strengthen its confidence that inflation is moving sustainably towards its 2 percent target.
G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) announced its inaugural gold pour at the Tocantinzinho project in Brazil. The first pour yielded approximately 440 ounces of gold, the Canadian mining
Liberty Star Uranium & Metals Corp. (OTC:LBSR) (dba Liberty Star Minerals) said it had discovered “bonanza-grade” gold in initial channel sampling assay results from the Red Rock Canyon gold pro
With increasing expectations of rate cuts and potential dovish signals from Powell, the dollar may face further selling pressure in the coming days.
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 price near steady as Fed's Powell on deck

08:56am, Tuesday, 09'th Jul 2024
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
The gold market continues to see a lot of noise, as we are hanging about in the middle of a large consolidation area. Because of this, the market will more than likely be a situation where the buyers
Dovish Powell comments and cooling inflation data could drive gold prices significantly higher.
Gold (XAU) is currently priced at $2,358.09, with a 73% chance of a Fed rate cut influencing market trends.
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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