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iShares Gold Trust ETF News

$45.82
-0.0700 (-0.153%)
At Close: May 21, 2024
The gold market has rallied again during the week, as it looks like we are doing everything we can to break above the psychologically important $2400 level. If we do, gold could really start to take o
The gold market rallied again in the early hours of Friday, as it looks like we are doing everything we can to breakout above the crucial level above.
(Kitco News) - Gold and silver prices are mildly up in early U.S. trading Friday. Silver is close to its three-year high scored in April.
Favorable rate cut conditions and strong Chinese demand suggest gold prices will rise in the near term, maintaining current bullish momentum.
Gold's recent Doji candle formation suggests potential buying above $2,378. Can the trendline hold?
The spot price of gold was 0.4% lower at $2,376.96 per ounce as of 5 p.m. ET Thursday, putting the brakes on a rally earlier in the week driven by economic data suggesting the Federal Reserve could be
(Kitco News) – Gold prices have broken out of a near-term bearish technical pattern and the yellow metal is poised once again to surpass its all-time highs, according to James Stanley, Senior Strate
(Kitco News) - Gold and silver prices have hit some resistance at their recent highs; however, one market analyst said this is all part of the precious metals' consolidation process, and prices are he

Gold Price Forecast: Will the Rally Continue?

04:30pm, Thursday, 16'th May 2024
Gold surged to a new high but encountered resistance, pausing its advance. Key trendlines suggest further upside potential, with the rally likely leading to new record highs.
(Kitco News) - Despite its criticism of being an outdated relic, billionaires appear to be taking a new interest in gold.

US Inflation Eases Slightly; Gold's Gains Resume

01:46pm, Thursday, 16'th May 2024
American annual inflation in April declined to 3.4% in line with the consensus, but expectations for rates remain similar.
Gold traders take some profits off the table near the important $2400 level.
(Kitco News) – Gold prices will continue to rise, with geopolitics and emerging market demand providing upside risk, while silver and platinum prices will also appreciate but may underwhelm if indus

Gold backs off on routine profit-taking pressure

11:41am, Thursday, 16'th May 2024
(Kitco News) - Gold prices are lower and silver modestly up near midday Thursday. Both precious metals are pausing after recent gains.
(Kitco News) - Despite its criticism of being an outdated relic, billionaires appear to be taking a new interest in gold.
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