NYSEARCA:GLDM

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$85.42
-3.25 (-3.67%)
At Close: Jun 05, 2026
XAU/USD investors eye U.S. inflation data, as dollar dynamics and a hawkish Fed cloud gold's push past $2,000.
(Kitco News) - Even though the gold market lacks direction ahead of the Federal Reserve's September monetary policy meeting, prices will make a move and hit $5,000 an ounce within three years, accordi
Silver and platinum are moving away from multi-week lows.

Gold futures score back-to-back gains

01:49pm, Monday, 11'th Sep 2023
Gold futures settled higher Monday for a second straight session, supported by a pullback in the U.S. dollar. Investors await Wednesday's U.S. CPI data, which can provide clues on the Federal Reserve'
(Kitco News) - Hedge funds continue to reduce their bearish bets in gold; however, analysts note that bullish sentiment needs to improve if gold prices have a chance to break initial resistance above
(Kitco News) - Gold and silver prices are modestly up in quieter midday U.S. trading Monday. A solidly lower U.S. dollar index is a supportive outside market element for the metals on this day.
(Kitco News) - Even with gold ETF holdings down and technicals showing the potential for significant losses, the weak fiscal position of the United States means it's unwise to short the precious metal
The gold market continues to look for stability in the markets, and Monday is more of the same.
The upcoming CPI report indicates a 0.4% rise; experts predict no Fed rate hikes in September, amid investor concerns over S&P 500's 5% dip.
XAU/USD rose Monday due to a weaker dollar, with eyes on U.S. inflation and the Fed, underscoring gold's safe haven status.
(Kitco News) - While most traders and investors have been laser-focused on gold and silver, they are ignoring a precious metal that could be essential over the next ten years.
(Kitco News) - Gold trended downward this week, with prices falling around 1% after the Labor Day holiday in what proved to be a slow week for economic data and market-moving events.
Gold's recent rally met resistance at 1,930 and faced a sharp reversal and signaling possibly further weakness as it is on track to close Friday with an inverted hammer candlestick pattern.
Gold futures finished Friday slightly higher, but posted a weekly loss of more than 1%. For the week, gold has been under renewed selling pressure “largely thanks to the strengthening U.S dollar and
Silver and platinum remain under significant pressure ahead of the weekend.
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