NYSEARCA:UGL

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$55.21
+0.89 (+1.64%)
At Close: Jun 04, 2026
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
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 prices climb on a weaker dollar but remain on track for their worst monthly loss since 2023. Key technical and economic factors ahead.
Gold prices edged higher in early Asian trade on the prospect of a December Fed rate cut after the U.S. personal consumption expenditure data came in line with expectations.
Resistance at the 20-Day MA and bearish candlestick patterns suggest gold's downtrend may extend, with key support levels at 2,537 and further at 2,470.
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.
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
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
Gold faces pressure from a rising dollar and muted demand, while inflation data clouds the Fed's dovish pivot. Will gold's safe-haven appeal hold?
Hang Seng Index falls 1.08% as US tariff threats weigh on sentiment, while Nikkei rises on Fed rate cut bets and ASX 200 hits a record high.

Gold Lower; Price Likely to Be Volatile Near Term

08:52pm, Wednesday, 27'th Nov 2024
Gold fell in early Asian trading as prices rebounded slightly overnight on a weaker U.S. dollar but trimmed gains after U.S. data showed stalled inflation progress, UOB analysts say in a commentary.
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.
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