NYSEARCA:GLD

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$378.13
+7.53 (+2.03%)
At Close: Jul 02, 2026
Asian equities advance as China's PMI signals recovery; Hang Seng, Nikkei, and ASX 200 respond to shifting economic trends and central bank signals.

Gold Edges Lower; Upside Appears Capped

07:20pm, Sunday, 01'st Dec 2024
Gold edged lower in early Asian trade. The precious metal's bullish momentum has stalled, as markets come to terms with a more gradual pace of the Fed's rate-cut cycle in 2025, OCBC said.
Gold market outlook hinges on jobs data and geopolitical risks; will persistent uncertainties fuel a rally, or will dollar strength cap gains?

Gold investors are navigating in the dark

05:21pm, Friday, 29'th Nov 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.
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 see a lot of selling, but at this point in time, the market has seen a recent bounce and has been in a longer-term uptrend at this juncture.
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.
The gold market continues to see a lot of buyers at this point in time, as the Friday session has seen a lot of upward pressure. I have no interest in shorting this market, and as a result, I am looki
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
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 climb on a weaker dollar but remain on track for their worst monthly loss since 2023. Key technical and economic factors ahead.
Gold prices edged higher in early Asian trade on the prospect of a December Fed rate cut after the U.S. personal consumption expenditure data came in line with expectations.
Resistance at the 20-Day MA and bearish candlestick patterns suggest gold's downtrend may extend, with key support levels at 2,537 and further at 2,470.
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