NYSEARCA:UGL

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$55.21
+0.89 (+1.64%)
At Close: Jun 04, 2026
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 and silver prices slip as a surging US dollar and inflation fears outweigh Middle East tensions. Will XAU/USD hold the $5,015 support or dive deeper?
Gold price struggles as a strong dollar, rising Treasury yields, and stagflation fears pressure the gold market. Key levels at $5,143 resistance and $5,002 support now in focus.
Brent was on track for its biggest one-day gain ever in both percentage and absolute terms as the expanding U.S.-Israeli war with Iran led some major Middle Eastern oil producers to cut supplies.

Gold Falls Amid Dollar's Strength

07:52pm, Sunday, 08'th Mar 2026
Gold fell in early Asian trade amid dollar strength.
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
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 gold market initially rallied during the trading session on Friday only to turn things around in the European sessions as we have seen multiple times.
Gold and silver rose after weak jobs data were reported.
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
The precious metal has fallen around 3% this week even as the conflict in the Middle East has intensified.
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