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Invesco DB Precious Metals Fund ETF News

$57.37
-1.25 (-2.13%)
At Close: Jun 21, 2024
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.
Gold's failed breakout above the 50-Day MA puts it at risk of further declines, testing key support levels at 2,307.
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
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Commodities have erased most of their 2023 losses in just the first half of this year, thanks in part to robust purchases of gold by central banks that look set to continue.
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
The Friday session has seen a lot of bullish pressure show up again in the gold markets. This is a market that will continue to seem bullish in the longer term, as there are a plethora of facts that w
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
Potential interest rate cuts and lower Treasury yields support a bullish outlook for gold, though a stronger dollar might create some headwinds.
Metals and miners are very close to completing cycle lows. From here, we expect an aggressive rally into August, with the potential for gold to reach $2800.
Gold (XAU) consolidates near $2,365, driven by softer US economic data and anticipated Fed rate cuts. What's the next move?
Gold breaks out above 50-Day MA and downtrend line, signaling potential for further gains and bullish continuation.
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
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