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Vaneck Merk Gold Trust ETF News

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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.
After a record-setting rally over the past week, commodities traders went all in on a massive gold sell-off on Tuesday. The price of the precious metal fell to $4,118 an ounce, after a high of $4,381.
Silver drops below $52 as profit-taking and easing London tightness weigh on sentiment. Price prediction now targets support near $44 in the silver market.
There is no macroeconomic or geopolitical event driving the pullback in gold prices this week, according to the Swiss bank UBS.
Gold price drops 7% from record highs as profit-taking and dollar strength weigh. Traders eye 50-day MA for potential value in XAU/USD.
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 question for investors now is if Tuesday's dramatic reversal is a sign of what's to come.
Robin Brooks, senior fellow at the Brookings Institution, sought to explain the flows driving the price of gold
Fresnillo PLC (LSE:FRES) shares rose 5% on Wednesday morning as prices of gold and silver found support after sharp falls the day before. The Mexican precious metals miner, whose shares fell almost 1
Gold and silver saw their sharpest declines in years as easing tensions and a stronger dollar triggered profit-taking.
Gold and silver pulled back sharply from recent highs amid profit-taking and rising volatility, while the U.S. Dollar Index rebounded within a broader bearish trend ahead of key macroeconomic data.
Gold's year-long rally hit a wall Tuesday, with the price of the precious metal falling the most it has in a dozen years.
CNBC's 'Fast Money' team discusses gold as the precious metal's price drops after a record rally.
Gold's dramatic sell-off, Apple's (AAPL) new record high, and Warner Bros. Discovery's (WBD) reports of a sale are the biggest under-the-radar stories in focus for Marley Kayden and Sam Vadas.
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