NYSEARCA:GLDM

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$85.42
-3.25 (-3.67%)
At Close: Jun 05, 2026
With gold prices hovering under $2,425, market sentiment shifts amid Fed rate cut speculation and escalating Middle East tensions.
Gold rallies to a three-day high of 2,426, breaking above the 20-Day MA, with potential resistance near 2,450, though consolidation may continue.
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.

Gold rallies on bullish technical charts

12:40pm, Thursday, 08'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
Global gold-backed exchange-traded funds (ETFs) experienced their strongest month for more than two years in July, according to data from the World Gold Council (WGC).
Gold (GOLD) prices, which typically outperform during times of economic uncertainty and geopolitical instability, steadied in early trading on Thursday as investors refocused their attention on on the
The gold market rallied a bit in the early hours of Thursday, as the market continues to price in the idea of the global economy slowing, geopolitical issues, and the central banks cutting rates. Ulti
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 growth rates for gold and national debt are the same, at about 8%. As the expansion of treasuries continues with no limit, so will gold prices.
The gold markets continue to see inflows, although the previous session looked a lot like a “forced liquidation” of larger funds to cover losses in other markets.
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 amid Fed officials hinting at rate cuts and Middle East tensions. Mixed U.S. economic data adds to market uncertainty.
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