NYSEARCA:GLDM

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$88.67
+0.740 (+0.84%)
At Close: Jun 04, 2026
(Kitco News) - The gold market is taking in stride hawkish comments from Federal Reserve Chair Jerome Powell during the first day of his Semiannual Monetary Policy Report to Congress.

Gold prices retreat ahead of Powell testimony

08:26am, Wednesday, 21'st Jun 2023
Gold prices slipped further Wednesday as traders waited to hear from Federal Reserve Chairman Jerome Powell, who will present two days of semi-annual testimony to Congress after the central bank held
(Kitco News) - Gold and silver prices are slightly lower in early U.S. trading Wednesday.
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Gold investors await Powell's testimony for short-term market impact, influenced by Fed's focus on curbing inflation and sustainable growth.
While in a retracement phase, gold awaits completion of retracement before resuming its upward trend, with a test of the lower boundary looming.
Precious metals are losing ground as traders expected more aggressive rate cuts from China.
(Kitco News) - Gold and silver prices are solidly lower in midday U.S. trading Tuesday, feeling the pressure of a higher U.S. dollar index and lower crude oil prices on this day.
(Kitco News) - FOMO - the fear of missing out - could come to dominate the gold market as an economic slowdown in the second half of the year triggers a selloff in the stock market and a move towards
Gold has fallen hard during the trading session on Tuesday, as we continue to see a lot of noisy behavior. Ultimately, there will be value hunters coming soon though.
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Highlights Gold prices hold steady as traders anticipate Jerome Powell's testimony. Rising Treasury yields restrict gold's upside potential.
Silver and platinum are down by almost 1%.
(Kitco News) - Although gold is struggling to attract bullish momentum, analysts note that its strength now relies on how much support is in the marketplace, even as speculative interest starts to dro
Stronger dollar, hawkish Fed remarks weigh on gold prices; demand as safe-haven asset dampened by rising stock markets and Fed's stance.
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