NYSEARCA:SGOL

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At Close: Jun 05, 2026

Gold futures end higher, post a loss for the month

02:02pm, Wednesday, 31'st May 2023
Gold futures ended Wednesday with a gain, but overall strength in the U.S. dollar was among the reasons why prices for the metal posted a loss for the month. “A debt deal is not necessarily bad news
China's Manufacturing PMI declined from 49.2 in April to 48.8 in May, which was bearish for platinum markets.
(Kitco News) - Gold and silver prices are higher near midday Wednesday, boosted by some safe-haven buying just ahead of U.S. lawmakers voting to extend the U.S. government's debt limit.
(Kitco News) - The gold market is holding on to modest gains even as the U.S. labor market remains healthy with the number of jobs available rising more than expected.
The gold market has gone back and forth during the trading session on Wednesday as the 50-Day EMA continues offer a significant amount of noise.
Gold prices were marginally higher on Wednesday, the last trading session in May, but held on to their gains from a day earlier as sinking Treasury yields helped bolster prices of the yellow metal.
(Kitco News) - Gold prices are trading around unchanged in early U.S. dealings Wednesday.
(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.
Gold traders foresee limited upside potential as concerns over the debt ceiling diminish, while the chances of another Fed rate hike looms larger.
Gold futures finished higher on Tuesday, with the precious metal finding support due to a retreat in U.S. Treasury yields, said Stephen Innes, managing partner at SPI Asset Management. Deal or no deal
The pullback in Treasury yields provided support to gold markets, while platinum moved lower as traders focused on recession risks.
Gold has initially fell during the trading session on Tuesday but seems to be finding support just above the $1950 level.
(Kitco News) - The gold market is holding on to modest gains around $1,950 an ounce as sentiment among U.S. consumers remains resilient.
Gold prices traded higher Tuesday after the most-active futures contract briefly touched its lowest level since March overnight.
(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.
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