NYSEARCA:UGL

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$55.21
+0.89 (+1.64%)
At Close: Jun 04, 2026
Asian markets react to mixed economic signals: China PMI shows expansion, BoJ holds rates, and US jobs data dampen Fed cut hopes.
Gold faces resistance at $2,790 amid a strong dollar and rising Treasury yields, limiting upward potential despite safe-haven demand.

Gold Steady; Remains Supported by Haven Demand

09:07pm, Wednesday, 30'th Oct 2024
Gold was steady in early Asian trade, after topping $2,800/oz for the first time on Wednesday.
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
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
Anna Golubova is the Producer for Kitco News. With more than ten years of experience in media, she has covered a range of topics, focusing on economy and politics.
Gold topped $2,800 an ounce for the first time ever on Wednesday, but one analyst warned that the upward movement for prices may be “limited” going forward as strength in Treasury bond yields is a
Gold futures (GC1!) hit a new all-time high Wednesday, briefly surging past $2,800 for the first time as investors rush to the precious metal as a safe-haven investment amid uncertainty around next we
Rep. Michael McCaul, R-Texas, reacts to the latest news emerging from China as reports show a hacking group targeted phones belonging to the Trump family and Biden aides. https://bit.ly/2D9Cdse Watch
The gold market continues to see a lot of bullish pressures, as the market is going to be focused on a lot of different things going on over the course of the next few trading sessions. With this bein
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
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 prices hit a new high at $2,789.86 as election uncertainty and expected Fed rate cuts fuel demand. Discover what's driving this historic rally in gold.
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
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