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Aberdeen Standard Gold Trust ETF News

$22.23
-0.140 (-0.626%)
At Close: May 31, 2024
(Kitco News) - The gold market continues to see robust selling pressure and even disappointing U.S. home sale data is not enough to shake up this downtrend.
(Kitco News) - The gold market fell to session lows after the latest data showed activity in both the U.S. service and manufacturing sectors improved this month.

Gold Falls From Highs

09:33am, Thursday, 23'rd May 2024
By RoboForex Analytical Department
The gold market fell a bit in the early hours of the Thursday session, and as a result, value hunters came out to pick the market up yet again.
(Kitco News) -The gold market continues to struggle as it faces a wave of selling pressure and better-than-expected labor market data.

Gold price lower as bulls losing steam

08:33am, Thursday, 23'rd May 2024
(Kitco News) - Gold and silver prices are lower in early U.S. trading Thursday, on more profit-taking pressure from the shorter-term futures traders as well as weak-handed longs being forced to liquid
(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
The Fed's stance on prolonged high interest rates and resulting profit-taking indicate a bearish short-term outlook for gold (XAU/USD) prices.
Gold prices have fallen to $2,365, pressured by the Federal Reserve's hawkish stance and a strong dollar.
Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF) has reported good gold indications from exploratory drilling on its huge acreage at Navarre Creek in Idaho. Four areas were targeted with intercepts at two s
UBS' Solita Marcelli sees an AI boom ahead, driving U.S. stocks higher.
Gold's decline from its peak of 2,450 brings it near vital support zones, including the 20-Day MA at 2,348.
(Kitco News) - Although U.S. monetary policy has become a secondary factor in the gold market, persistent inflation could create some further selling pressure as it could force the Federal Reserve to
(Kitco News) - Gold and silver prices are sharply lower in midday U.S. trading Wednesday, on corrective pullbacks and profit taking following recent solid gains. Weak-handed longs in the gold and silv
(Kitco News) – There are multiple indications that the world is progressing towards a transition to a new gold standard, according to Steve Forbes, Chairman and Editor-in-Chief of Forbes Media.
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