SPDR Gold MiniShares Trust

GLDM tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults.

Goldman Sachs Physical Gold ETF

Invesco DB Gold Fund

DB Gold Double Long ETN

SPDR Gold Trust

iShares Gold Trust

iShares Gold Strategy ETF

VanEck Merk Gold Trust

ProShares Ultra Gold

(Kitco News) - With the seasonal boost of the Lunar New Year and Valentine's Day in the rearview mirror, the gold market saw relatively little volatility in the price action this week. Spot gold spent much of the week trading in a $10 range between $2,020 and $2,030 per ounce, though the weekly chart looks more dramatic, as the low of $2,012.81 was set near the open during the overnight session on Sunday evening, while Friday afternoon saw a late push to the weekly high of $2,041.41.

Analysts abandon bear cave for bull run, retail traders stay balanced but bullish

U.S. Global Investors

Gold prices tracked higher this week and are expected to continue making gains in 2024 as interest rates fall in the US and Central Banks abroad continue to buy up the yellow metal as a "safe haven" investment. The gold price is forecast to rise by 6% in the next 12 months to $2,175 per ounce, according to Goldman analysts.

Gold prices expected to rise on Chinese demand, falling interest rates

(Kitco News) - While the gold market is ending the week with modest gains, it remains caught in its weeks-long channel as resistance at $2050 an ounce continues to hold.

Boring gold faces tough competition from euphoric equity markets next week

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Aberdeen Standard Gold ETF Trust

Gold markets have been a bit noisy during the trading week and therefore it looks very likely to be a situation where buyers continue to pick up tips, but at the end of the day, this is a market that I think has a lot of reasons to be bullish.

Gold Weekly Price Forecast – Gold Markets Continue to be Range Bound

Demand for gold stays strong despite worries about a less dovish Fed.

Gold, Silver, Platinum Forecasts – Gold Tests New Highs As Treasury Yields Pull Back

Nasdaq's downturn, diverse corporate reports, and Nvidia's volatile market cap stir market uncertainty.

Nasdaq 100, Dow Jones, S&P 500 News: Early Market Reversals Raise Concerns

(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher. The 5-minute bar chart for the active gold futures contract shows key short-term moving averages (10- and 20-period), which the trader can use for crossover buy and sell signals.

Gold market analysis for February 23 - key intra-day price entry levels for active traders

(Kitco News) - Gold prices are modestly higher in early U.S. trading Friday, supported a dip in U.S. dollar index to end the trading week. However, rallying U.S. stock indexes this week and lower crude oil prices and a slight rise in U.S. Treasury yields today are limiting the upside in the precious metals markets.

Gold price mildly up as USDX weaker

Gold's struggle at 50-day MA and market's reaction to potential Fed rate cut delays signal a bearish short-term outlook.

Gold Prices Forecast: XAU/USD Struggling at 50-Day MA, Fed Policy Weighs Heavily

United States Copper Index Fund

iPath Bloomberg Copper Subindex Total Return ETN

Amid heightened rate hike expectations, Gold's subtle gain showcases its enduring appeal in uncertain financial climates.

Gold, Silver, Copper Forecast: Resilience Amid Rate Hikes, China Optimism

Gold's rally to a two-week high faces resistance at the 50-Day MA, suggesting a possible pullback before further attempts are made to trend higher.

Gold Price Forecast: Key Resistance at 50-Day MA

(Kitco News) - Central banks have been solid gold buyers for more than a decade; however, their appetite has become insatiable in the last two years as global reserves have risen by more than 1,000 tonnes in both 2022 and 2023.

Central banks are turning to gold as they lose faith in bonds - ANZ

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

(Kitco News) - Gold and silver prices are modestly down and near their session lows in midday U.S. trading Thursday. Solid gains in the U.S. stock indexes and a risk-on trading day today are negatives for the safe-haven metals.

Gold, silver weaker as U.S. stock markets post good gains

Gold bulls did not find sufficient catalysts to push gold above the $2035 level.

Gold, Silver, Platinum Forecasts – Gold Pulls Back From Session Highs

(Kitco News) - Gold prices have fallen to session lows after the latest data showed the U.S. housing market improved above expectations in December.

Gold prices fall to session lows after U.S. existing home sales rise 3.1% in January

Manufacturing PMI signaled the biggest upturn in the sector since September 2022.

Composite PMI Fell To 51.4 As Service Sector Lost Momentum

Caution evident from the Fed's minutes against cutting rates too quickly has supported the narrative of ‘higher for longer'.

Gold Up And Dollar Down As The Fed Stays Firm

In gold, as you can see, we did rally a bit early during the trading session on Thursday as the $2,030 level continues to offer a bit of resistance.

Gold Price Forecast – Gold Continues to Struggle in The Same Region

(Kitco News) - The gold market is off its lows but faces some difficult headwinds as The U.S. labor market remains relatively healthy, with the number of workers applying for first-time unemployment benefits falling more than expected.

Gold price see muted reaction as U.S. weekly jobless claims fall to 201K

Gold market analysis for February 22 - key intra-day price entry levels for active traders

(Kitco News) - Gold and silver prices are modestly up in early U.S. trading Thursday, supported in part by a lower U.S. dollar index on this day and by stable U.S. Treasury yields. The FOMC minutes Wednesday afternoon leaned a bit hawkish, but that was not unexpected.

Price gains for gold, silver amid weaker USDX

Gold continues its upward trend, closely following the 50-day moving average, with a weaker dollar making it more attractive to international buyers.

Gold Prices Forecast: Fed's Cautious Rate Stance Boosts Gold's Appeal

Amid Federal Reserve's high-rate stance, gold finds footing within the $2,000-$2,050 range, hinting at cautious optimism.

Gold, Silver, Copper Forecast: Up on Stimulus Bets, Gold Eyes $2040 Mark?

Gold's rally above last week's high faces resistance, but a breakout could signal higher prices and a shift to a larger uptrend.

Gold Price Forecast: Analyzing Resistance, Support, and Price Targets

(Kitco News) - The gold market is struggling as expectations for the start of the Federal Reserve's easing cycle continue to be pushed back; however, according to one market strategist, the longer the central bank waits, the greater the risk of a policy mistake, which could ultimately be positive for the precious metal.In an interview with Kitco News, Nitesh Shah, head of commodity and macroeconomic research at WisdomTree, said that although gold prices have struggled since the start of the year, he remains impressed by the relative strength of the market.He added that he expects investor interest to return to the market as central banks, led by the Federal Reserve, signal eventual rate cuts this year.“This year, bonds are going to get more expensive as interest rates go down and that is when interest in gold should return,” he said.Shah said that he sees gold prices hitting $2,210 an ounce by the fourth quarter of this year, reaching a new all-time high.However, he added that there is a stronger bullish case for gold as the Federal Reserve runs the risk of making a policy mistake.

News for SPDR Gold MiniShares Trust ETF (GLDM)