NYSEARCA:UGL

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$54.32
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At Close: Jun 03, 2026
Gold (XAU) struggles under risk-on market sentiment, hovering near critical $2,500 support as Fed rate cut hints loom large.

Whoops! You missed the gold boom.

09:41am, Saturday, 24'th Aug 2024
Bullion GC00 just hit a fresh all-time record high of $2,550 an ounce, for a gain of 23% since Jan. 1.
Rate cut speculation fuels gold rally as Powell signals Fed policy shift. Could gold hit $2,600?
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

Another week, another record high for gold

06:25pm, Friday, 23'rd Aug 2024
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
Gold's bullish breakout points to new record highs, targeting 2,543 and beyond, with support holding at 2,471.
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 got a fresh boost, with prices ending Friday near an all-time settlement high after Federal Reserve Chair Jerome Powell expressed some concern over a softening in the labor market and signaled th
Precious metals rally as traders react to dovish comments from Fed Chair Powell.

Gold's Rise versus Oil Is a Warning

01:40pm, Friday, 23'rd Aug 2024
Gold and oil are usually considered in isolation, but the interplay between the pair offers a useful insight into the global macro picture. Bloomberg Intelligence Senior Commodity Strategist Mike Mc
The gold market has gone back and forth in the weekly charts, as we are trying to sort out whether or not the markets are going to continue to see buyers jump into this market. There are a lot of reas
The gold market continues to see buyers at this point, but the Jackson Hole Symposium will be front and center, and traders will continue to look at the speeches to get a “lay of the land” on wher
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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