NYSEARCA:SGOL

Aberdeen Standard Gold Etf Trust ETF News

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$41.12
-1.54 (-3.61%)
At Close: Jun 05, 2026
As Fed rate cut bets grow, gold's bullish potential strengthens. Traders eye CPI and PPI reports as key drivers for next week's market.
Gold consolidates within a symmetrical triangle, maintaining support at the 20-Day MA, as it approaches critical resistance levels.

Gold Will Likely Retest Historic Highs Soon

02:37pm, Friday, 09'th Aug 2024
The recent pullback was caused by global market panic, while gold's fundamentals stay strong.
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.
The gold market sold off a couple of times in the course of the week, as we have seen a lot of value hunters out there willing to get involved in the gold markets.
The gold market has been strong for some time, but at this point in time, it is likely that we are going to see the occasional pullback. This so far at least has been an invitation to start buying gol

Gold price slightly up on late-week pause

08:45am, Friday, 09'th Aug 2024
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 faces weekly decline amid Fed rate cut speculation. Resilient above 50-day MA, but vulnerable.
With gold prices hovering under $2,425, market sentiment shifts amid Fed rate cut speculation and escalating Middle East tensions.
Gold rallies to a three-day high of 2,426, breaking above the 20-Day MA, with potential resistance near 2,450, though consolidation may continue.
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
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.

Gold rallies on bullish technical charts

12:40pm, Thursday, 08'th Aug 2024
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 gold market rallied a bit in the early hours of Thursday, as the market continues to price in the idea of the global economy slowing, geopolitical issues, and the central banks cutting rates. Ulti
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