NYSEARCA:UGL

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$51.18
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At Close: Jun 05, 2026
The price of gold reached $4,000 an ounce for the first time ever
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's rally, which has propelled the yellow metal to the $4,000 level, is living on borrowed time, according to contrarian analysis.
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
Political turmoil and interest-rate cuts ought to carry on boosting the precious metal, which is already headed for its best year since 1979.
Gold may be getting comfortable at the top table. After a summer surge that caught many off guard, Goldman Sachs now expects the metal to fetch $4,900 an ounce by the end of 2026, up from its previou
Goldman Sachs is now forecasting gold to reach nearly $5,000 next year, but one billionaire investor says the precious metal's rally is a sign of trouble for U.S. assets.
Precious metals stay strong amid Fed rate-cut bets and global uncertainty, with gold targeting $4,010 and silver eyeing a breakout above $50.
Goldman Sachs announced a significant increase in its December 2026 gold price forecast, raising it to $4,900 per ounce from $4,300.  The investment bank attributed this revised outlook to robust Wes
China's Golden Week travel surge fuels hopes for a fourth-quarter rebound as traders eye potential U.S.-China trade deal talks at the APEC Summit.
Citadel's Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development that's “really concerning” to the billionaire investor.  “We're seeing substanti

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Gold rose 1.7% to $3,948.50 a troy ounce, and the S&P 500 gained 0.4% to its 32nd record close this year.
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