NYSEARCA:DBP

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$101.06
-4.82 (-4.55%)
At Close: Jun 05, 2026
Gold's failed breakout led to a sharp selloff, breaking key supports and testing the 2,298-2,301 zone.
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
Just one rate cut is expected by the markets in 2024, so the price of gold may pull back towards the $2200 level.
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 futures were on track to post their lowest finish in about a month on Friday, pressured by stronger-than-expected monthly U.S. jobs data and a report that China's central bank paused its year-and
Metals and miners should form cycle lows within the next week or two.
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
The pause in Chinese gold purchases triggered a sell-off, but potential weak U.S. economic data and subsequent rate cuts could support XAU/USD prices.
Gold prices may not experience a near-term rally if the jobs report exceeds expectations, reducing chances of a September rate cut.
Gold prices hit $2,376, supported by expectations of Federal Reserve rate cuts ahead of crucial U.S. Nonfarm Payrolls data.

Western investors may be late to the gold rally

04:51pm, Thursday, 06'th Jun 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
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
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
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