NYSEARCA:UGL

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$55.21
+0.89 (+1.64%)
At Close: Jun 04, 2026

Gold, silver pounded by Fed's hawkish pivot

01:01pm, Thursday, 19'th Dec 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
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
The U.S. dollar climbed following a hawkish forecast delivered by the U.S. Federal Reserve on Wednesday — while gold prices dropped. Values of the two tend to have an inverse relationship.
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.
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
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.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
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 (XAU) consolidates above $2,600 as Fed's cautious outlook supports safe-haven demand. Will prices hit $2,715 next?

Gold Edges Higher; Focus on Key U.S. Data

07:26pm, Wednesday, 18'th Dec 2024
Gold edged higher in early Asian trade, despite the Federal Reserve cutting interest rates by a quarter-point overnight.
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
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
The federal funds rate projection for 2025 was changed from 3.4% to 3.9%.
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