NYSEARCA:SGOL

Aberdeen Standard Gold Etf Trust ETF News

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$41.12
-1.54 (-3.61%)
At Close: Jun 05, 2026
By RoboForex Analytical Department

Why Gold's Record Run Could Continue

12:29pm, Monday, 19'th Aug 2024
Fed rate cuts, a weaker dollar, and geopolitical uncertainty could lead to even more investors seeking gold as a haven trade.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
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
Gold is set to continue enjoying a rally this year which has taken the yellow metal above the US$2,500 per ounce mark for the first time in recent days. After gold hit a record US$2,509 on Friday and
Gold is poised to initiate a strong surge toward $3,000 as the seasonal correction was completed.
Gold prices have reached multiple highs this year, with analysts expecting more to come as the next U.S. Federal Reserve meeting draws closer.
Sabrin Chowdhury, head of commodities analysis at BMI, also discusses China's demand for industrial metals.
Gold prices dipped to $2,499, and with the overbought zone looming, a potential correction could be imminent.
Gold eyes further gains as it crosses $2,500. Will Powell's Jackson Hole speech signal the Fed's next move and push prices even higher?
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
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.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
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