Aberdeen Standard Gold ETF Trust

SGOL seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars.

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

ProShares Ultra Gold

July's initial flash PMI (purchasing manager's index) readings are due at 13:45 GMT, offering a further glimpse at the health of the economy.

Price of Gold Fundamental Daily Forecast – Higher as Safe-Haven Bond Buying Fuels Yield Plunge

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 higher in early U.S. trading Friday, on upside corrections after recent selling pressure. Short covering from futures traders is also featured in both metals, heading into the weekend.

Gold, silver see corrective price rebounds heading into weekend

Trader reaction to the minor pivot at $1729.60 is likely to determine the direction of the December Comex gold futures contract early Friday.

Gold Price Futures (GC) Technical Analysis – Closing Price Reversal Bottom May Be Signaling Momentum Shift

Gold has failed to show its value as a haven investment so far this year, with prices marking their lowest settlement since the spring of 2021. And a key index that tracks the performance of gold mining stocks dropped to a more than two-year low.

Here's what could trigger a lasting rally in gold prices

(Kitco News) - Gold prices are moderately up in midday U.S. trading Thursday, on a short-covering and bargain-hunting bounce after prices hit a 15-month low overnight.

Gold rebounds as ECB gets aggressive, crude pares losses, USDX down

Gold markets have plunged significantly lower during the trading session on Thursday but have also recovered as the ECB raised rates. This put downward pressure on the US dollar, which by extension turned the gold market around.

Gold Price Forecast – Gold Markets Recover After a Significant Selloff

(Kitco News) - Falling momentum in the U.S. labor market is creating further selling pressure on the U.S. dollar, which is pushing gold prices into neutral territory.

Gold price back above $1,700 as U.S. Weekly jobless claims rises to 250K

(Kitco News) - Gold and silver prices are down in early U.S. trading Thursday. Gold prices hit a 15-month low overnight but have rebounded a bit off those lows.

Price pressure on gold, silver as crude oil slumps, bond yields rise

The ECB on Thursday increased interest rates for the first time in 11 years in an attempt to cool rampant inflation in the Euro Zone.

Price of Gold Fundamental Daily Forecast – Rebounding from 16-Month Low as ECB Delivers 50bp Rate Hike

(Kitco News) - The gold market remains under pressure even as the U.S. dollar loses further ground to the euro after the European Central Bank took an aggressive step and raised interest rates more than expected.

Gold prices remain down as the ECB raises interest rate by 50 basis points across the board

Trader reaction to the long-term 50% level at $1709.10 is likely to determine the direction of the December Comex gold futures contract early Thursday.

Gold Price Futures (GC) Technical Analysis – Long-Term Bulls May Be Defending $1703.00 – $1694.50 Main Bottoms

Gold futures declined on Wednesday, following back-to-back session gains, with most-active contract prices settling at their lowest since late March 2021, FactSet data show. A softer dollar "offered the precious metal some breathing room earlier in the week, but bears are clearly in the vicinity," said Lukman Otunuga, manager, market analysis at FXTM.

Gold futures fall to lowest finish in more than 15 months

(Kitco News) - Gold prices are modestly lower in midday U.S. trading Wednesday, in more subdued mid-summer trading. However, there has been a "collapse in volatility" on the daily bar chart, which suggests a significantly bigger price move is on the horizon in gold—possibly yet this week.

Gold weaker; "volatility collapse" portends bigger price move soon

The gold markets have done very little during the trading session on Wednesday as we continue to sit on top of the $1700 level.

Gold Price Forecast – Gold Markets Continue to Sit at $1700

(Kitco News) - Gold edged down and was trading just above the $1,700 an ounce level as U.S. existing home sales fell for the fifth month in a row, dropping 5.4% in June.

U.S. existing home sales fall for the fifth month in a row in June, gold price trades just above $1,700

(Kitco News) - Gold prices are modestly lower in early U.S. trading Wednesday, in subdued mid-summer trading. However, there has been a “collapse in volatility” on the daily bar chart, which suggests a significantly bigger price move is coming soon in gold—possibly this week.

Gold price weaker; technicals suggest bigger price move soon

Gold is under pressure from fear of aggressive monetary policy moves and higher bond yields.

Price of Gold Fundamental Daily Forecast – Traders Anticipating Rate Hikes from Most Major Central Banks

The direction of the December Comex gold futures contract early Wednesday is likely to be determined by trader reaction to $1727.40.

Gold Price Futures (GC) Technical Analysis – Hovering Above Long-Term Main Bottoms at $1703.00 and $1694.50

Gold futures settled modestly higher on Tuesday, extending their gains into a second consecutive session, but prices remained down by more than 5% for month to date. The precious metal needs to trade above $1,700 until the Federal Reserve meeting on July 26-27, "for any recovery to a short-term bullish zone," said Chintan Karnani, director of research at Insignia Consultants.

Gold futures extend gains into a second straight session

(Kitco News) - The gold market is seeing some new selling pressure and is back to testing support just above $1,700 an ounce. The precious metal is unable to gain any bullish traction following a drop in U.S. housing construction in June.

Gold price testing support just above $1,700 as U.S. housing starts fall 2% in June

(Kitco News) - Gold and silver prices are trading not far from unchanged in early U.S. trading Tuesday. A big drop in the U.S. dollar index this week is limiting selling interest in the precious metals.

Gold price near steady amid summer doldrums

Gold is hovering just above a nine-month low as traders reduced the odds of a percentage-point Federal Reserve rate hike this month.

Price of Gold Fundamental Daily Forecast – Rangebound Ahead of Next Week's Expected Fed Rate Hike

The gold markets have rallied a bit during the trading session on Monday, but in the big scheme of things, it is but a bump along the road.

Gold Price Forecast – Gold Markets Attempting to Recover

(Kitco News) - Gold and silver prices are trading moderately higher in early U.S. trading Monday. Bullish outside market that see the U.S. dollar index solidly lower and crude oil prices higher are helping to lift the precious metals markets to start the trading week.

Price gains in gold, silver as USDX fades, crude oil rallies

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days.

News for Aberdeen Standard Gold ETF Trust ETF (SGOL)