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Aberdeen Standard Gold Trust ETF News

$23.10
+0.380 (+1.67%)
At Close: May 17, 2024
(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(Kitco News) - Despite its criticism of being an outdated relic, billionaires appear to be taking a new interest in gold.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.
(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(Kitco News) - Despite its criticism of being an outdated relic, billionaires appear to be taking a new interest in gold.

Why Gold Is More Valuable Than Ever Now | WSJ

10:30am, Thursday, 16'th May 2024
Gold is hitting record highs. But this new rally is bucking long held trends for the commodity, and bringing in a new class of investors.
(Kitco News) - The gold market is trading near session lows after the Philadelphia Federal Reserve's manufacturing sector survey disappointed market forecasters this month.
(Kitco News) - Slack continues to build in the U.S. Labor market as the number of American workers applying for first-time unemployment benefits remains at elevated levels. However, the gold market is
The gold market continues to see the $2400 level as a major barrier to continuing the gains in this market. However, it is most certainly a market that can't be shorted, and at this point, should be a
(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. Based on key short-term technic
(Kitco News) - Gold prices are slightly lower and silver modestly up in early U.S. trading Thursday. Both precious metals are pausing ahead of another busy day for U.S. economic reports.
Declining inflation and potential rate cuts support gold, but a rebound in the dollar or Treasury yields could pose challenges.
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