NYSEARCA:GLDM

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$88.67
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At Close: Jun 04, 2026

Gold Price Target Set At $2,075 Record Level

08:22am, Saturday, 17'th Jun 2023
By Joe Foster, Gold Strategist, and Imaru Casanova, Portfolio Manager, Gold and Precious Metals Tail risks have aided gold's sidewise rise Gold has been in a bull market for over seven years, rising
(Kitco News) - Gold has formed a new base at the $1,900 an ounce level, and if that continues to hold, record highs will be within reach, according to VanEck's latest analysis.
Technical analysis reveals a retracement in gold, testing key support zones and indicating a healthy consolidation phase before an expected continuation of the uptrend.

Gold futures mark first weekly loss in 3 weeks

01:58pm, Friday, 16'th Jun 2023
Gold futures inched higher on Friday, posting a loss for the week a day after tapping their lowest intraday level since May. Gold held its own “despite all the central bank fireworks and as stocks h
(Kitco News) - The gold market has been steady so far in June, trading between $1,940 and just under $2,000 an ounce. But analysts warn that after weeks of sideways price action, gold is ready for a m
Silver tested the $24.00 level, while platinum faced strong resistance near $1000.
(Kitco News) - Gold prices could remain in neutral territory in the near term, unable to push to $2,000 an ounce as the marketplace sees lackluster bullish sentiment.
The gold markets initially fell during the course of the trading week, but found enough support to turn things around and form a massive hammer.
Gold has gone a little higher during the trading session on Friday but continues to see the 50-Day EMA as an area of resistance.
Gold futures edged a bit lower in Friday dealings, with prices looking to post a loss for the week a day after tapping their lowest intraday level since May.
Consumer sentiment remains low by historical standards as consumers expect challenging times in the economy over the next year.
(Kitco News) - Gold and silver prices are higher in early U.S. trading Friday. Both metals have posted impressive rebounds from this week's lows and have been boosted in part by the sell off in the U.
(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.

Markets Confident Despite Relative Hawkishness

05:15am, Friday, 16'th Jun 2023
After the ECB's expected hike and the Fed's openness to further tightening this week, most major currencies have gained against the dollar.
Gold encounters challenges amid the Fed's unwavering stance on inflation and interest rates.
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