NYSEARCA:GLDM

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$85.42
-3.25 (-3.67%)
At Close: Jun 05, 2026
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 has shown itself to be a bit soft in the early hours of Monday, but still continues to look very strong, and has recently seen a lot of buyers jump into the market on any given chance.
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
The outlook for Gold is bullish despite today's pullback, however, volatility is expected as traders await CPI data and Fed communications.
Gold (XAU) faces resistance at $2,393.17 amid speculation of a Fed rate cut, driving investor interest in safe-haven assets.
Fed rate cut expectations, potential dovish signals from Powell, and possible softer inflation data may drive gold prices higher next week.
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 continues to rise, reaching a six-week high of 2,393, with bullish signals across all time frames suggesting a push towards 2,450.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover

Capitalize on Gold"s Momentum With These ETFs

03:05pm, Friday, 05'th Jul 2024
The increasing probability of the Fed cutting interest rates in 2024, makes investing in gold an attractive investment option. Capitalize on the precious metal's rally with these ETFs.
We believe the April 2024 breakout in gold (above $2100) was the launch point for a run towards $10,000 by the end of this decade.
Precious metals traders bet on a less hawkish Fed after the release of Non Farm Payrolls and Unemployment Rate reports.
The commodities market is making major moves as crude oil (CL=F, BZ=F) and gold (GC=F) are headed for back-to-back weekly gains. Prosper Trading Academy CEO Scott Bauer joins Morning Brief to discuss
The gold market has seen a lot of noisy behavior overall, but I think the market will continue to find plenty of people out there wiling to take advantage of value. This is a market that should contin
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