NYSEARCA:SGOL

Aberdeen Standard Gold Etf Trust ETF News

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At Close: Jun 05, 2026

Gold price bounces from nine-week low overnight

07:46am, Tuesday, 30'th May 2023
(Kitco News) - Gold prices are firmer in early U.S. trading Tuesday, on perceived bargain hunting and some short covering in the futures market after the yellow metal hit a nine-week low overnight.
Gold (XAU) prices near two-month low as U.S. debt optimism weighs; hawkish Fed offsets safe-haven flows, sustaining bearish outlook.
Gold is mostly flat in quiet trading, while platinum stays range-bound.
(Kitco News) - With market expectations leaning towards another rate hike in June and the debt ceiling deal ready for a Congress vote, gold is taking a breather just below $1,950 an ounce.
Gold markets were sluggish during Monday's trading session, but that's not a huge surprise considering it was Memorial Day.
Debt deal, inflation, higher rates, spending data impact gold (XAU) trade, raising concerns about prolonged rates.
(Kitco News) - The gold market got battered by upbeat economic data and stubbornly high inflation. As gold posted its third weekly loss, markets recalibrated for another 25-basis-point rate hike in Ju
Gold futures finished a bit higher on Friday, but still logged a third straight weekly loss. Gold's attempted recovery ahead of the weekend was dampened a bit by “further evidence of still-stubborn
Gold markets have fallen rather hard during the week, as we have seen interest rates play havoc with the market.
(Kitco News) - The gold market suffered another week of losses, falling for the third week as markets shifted expectations from a rate pause to a rate hike at the Federal Reserve's June meeting. The s
Precious metals are moving higher despite rising Treasury yields.
The gold market initially tried to rally during the trading session on Friday but has given up gains as we continue to see weakness and of course strength in the US dollar.
(Kitco News) - Gold dropped after the newly released data showed that orders for long-lasting U.S. factory goods were up 1.1% in April versus the expected decrease of 1%.
(Kitco News) - Gold lost more ground after the U.S. annual core PCE price index came in at 4.7% in April versus the consensus forecast of 4.6%.
(Kitco News) - Gold and silver prices are firmer in early U.S. trading Friday, on bargain hunting and short covering after gold hit a nine-week low and silver a two-month bottom overnight.
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