NYSEARCA:GLDM

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$87.93
-0.85 (-0.96%)
At Close: Jun 03, 2026
Asian equities fell on Thursday as renewed fighting between the United States and Iran pushed investors back towards safer assets, even as oil prices eased after Israel and Lebanon moved to implement

Gold Rises Amid Mild Dollar Weakness

08:32pm, Wednesday, 03'rd Jun 2026
Gold rose in early trade amid a slightly weaker dollar that makes the U.S.-dollar denominated precious metal less expensive for potential investors.
Spot gold and silver prices are sharply lower after the close Wednesday, as crude oil rallied, Treasury yields rose and renewed U.S.-Iran fighting pressured non-yielding metals.
After March saw central banks flip to net sellers of gold, the sovereign sector switched back to bullion purchases in April, according to the latest data from the World Gold Council (WGC).“Central b
Precious metals are under strong pressure as traders bet on hawkish central banks.

ETF Prime: The Top ETF Launches of the Past Decade

01:19pm, Wednesday, 03'rd Jun 2026
The top ETF launches of the past decade were the focus on this week's ETF Prime. Host Nate Geraci and Cynthia Murphy, director of research at VettaFi, counted down the 10 most successful debuts by cur
One day after a bombshell report from Bloomberg claimed the Reserve Bank of India (RBI) sold gold reserves worth roughly $12 billion in the two weeks through May 22, the central bank issued a firm den

Gold Stock Finds Key Support at Bullish Trendline

12:37pm, Wednesday, 03'rd Jun 2026
Kinross Gold Corp (NYSE:KGC) was last seen down 2.8% at $28.18, pulling back alongside the broader precious metals sector.
Rising expectations that the Federal Reserve will have to hike interest rates rather than cut them by the end of the year continue to take their toll on the precious metals market, with gold prices fa
The U.S. service sector improved above expectations last month, according to the latest data from the Institute for Supply Management (ISM).The ISM announced on Wednesday morning that its Services Pur
Gold drifts a little bit lower early on Wednesday, as traders continue to see a consolidation range play out. The noise coming out of the Middle East continues to be a concern in this market.
The gold market could see renewed selling pressure as the U.S. labor market remains resilient, with the private sector creating slightly more jobs than expected in May.
State Street Investment Management recently released its Midyear Outlook, and it captured the market's moment incredibly well, depicting an environment marked by both resilience and fragility. When we
The ongoing US-Iran ceasefire allowed gold and silver to react to technical breakdowns. Gold accelerated lower below $4,500 with strong bearish continuation while silver traded at $74.80.
Gold and silver remain under pressure as oil-driven inflation, Fed rate fears, and U.S. jobs data shape the next move in precious metals.
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