NYSEARCA:GLDM

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$85.42
-3.25 (-3.67%)
At Close: Jun 05, 2026
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
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.
Year-ahead inflation expectations remained unchanged at 2.9%.
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
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.
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 gold market has shown itself to be strong for some time, and I think that we will continue to find buyers on each and every dip going forward as there are a whole list of reasons to think that the

Gold in Focus After Easing Inflation

08:17am, Friday, 16'th Aug 2024
Energy assets have stopped falling for the first month since May 2024, signaling a potential pivot for Crude oil and Natural gas.
Gold's advance faces resistance at 2,477, with bullish consolidation hinting at a potential breakout. Key support levels remain strong, bolstering the bullish case.
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
Gold is losing some ground amid profit-taking.
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.
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 metal moved into postition to close at another record high on Tuesday as tensions in the Middle East create demand for haven assets.
The gold market rallied a bit in the early hours, but we are still looking at a major resistance barrier above, and traders are going to be trying everything they can to break out above the resistance
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