NYSEARCA:GLD

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$373.70
+4.24 (+1.15%)
At Close: Jun 26, 2026

Investing in Gold Is Dumb

04:30pm, Friday, 23'rd Jun 2023
Stocks are better than gold for both generating wealth and offering protection against inflation.
Platinum tested new lows as traders focused on recession risks.
Gold markets have fallen during the trading week to show signs of hesitation, but we have also bounced from the 61.8% Fibonacci level.
Gold prices rebounded on Friday, helped by a retreat in U.S. Treasury yields and safe-haven buying, although a hawkish stance on rate-hikes from Federal Reserve officials meant bullion was heading for
The economy's dependence on services increased as the Services PMI report indicated a solid expansion in output in June.
Gold markets have bounced just a bit during the day and on Friday, as the 61.8% Fibonacci level has come back into the fray as support.
(Kitco News) - Gold prices are holding near session highs as the U.S. manufacturing sector falls deeper into contraction territory and activity in the service sector remains relatively flat.

Tepid price rebound for gold to end rough week

07:56am, Friday, 23'rd Jun 2023
(Kitco News) - Gold prices are modestly up and silver slightly lower in early U.S. trading Friday. Both markets hit three-month lows overnight.
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Gold hits 3-month low as Fed's rate hikes drive investors away, leading to steepest weekly decline since February and waning sentiment.
(Kitco News) - The gold market took a hit Thursday after a simultaneous hawkish push by central banks around the world combined with Federal Reserve Chair Jerome Powell's firm stance on at least two m
Gold confirms bearish trend continuation, breaking down from a consolidation pattern and testing key support levels.
(Kitco News) - Gold will reach $3k by October as markets ‘melt up,' with the S&P expected to see at least 36 percent upside, according to David Hunter, Chief Macro Strategist at Contrarian Macro Adv

The Case for Gold

02:26pm, Thursday, 22'nd Jun 2023
It's been a good year so far for gold – up almost 9%, narrowly beating the S&P 500.

Gold, silver punished by hawkish central bankers

12:29pm, Thursday, 22'nd Jun 2023
(Kitco News) - Gold and silver prices are solidly lower and at three-month lows in midday U.S. trading Thursday. Central banks are in focus late this week and they are still leaning hawkish on their m
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