NYSEARCA:GLDM

Spdr Gold Minishares Trust ETF News

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$85.42
-3.25 (-3.67%)
At Close: Jun 05, 2026
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 rise as traders anticipate U.S. inflation data, potentially signaling a Fed rate cut that could fuel a gold rally. Key insights on XAU market trends.
Australian gold miner Evolution Mining on Monday flagged a cyber security incident saying that it had become aware of a ransomware attack last week, which impacted its IT systems.
Amid rising conflicts in the Middle East, gold climbs to $2,434, driven by increased investor demand for security.
As Fed rate cut bets grow, gold's bullish potential strengthens. Traders eye CPI and PPI reports as key drivers for next week's market.
Gold consolidates within a symmetrical triangle, maintaining support at the 20-Day MA, as it approaches critical resistance levels.

Gold Will Likely Retest Historic Highs Soon

02:37pm, Friday, 09'th Aug 2024
The recent pullback was caused by global market panic, while gold's fundamentals stay strong.
Gold is moving towards the nearest resistance at $2445 – $2450.
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 sold off a couple of times in the course of the week, as we have seen a lot of value hunters out there willing to get involved in the gold markets.
The gold market has been strong for some time, but at this point in time, it is likely that we are going to see the occasional pullback. This so far at least has been an invitation to start buying gol

Gold price slightly up on late-week pause

08:45am, Friday, 09'th Aug 2024
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 faces weekly decline amid Fed rate cut speculation. Resilient above 50-day MA, but vulnerable.
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