Goldman Sachs Physical Gold ETF

AAAU tracks the gold spot price, less expenses and liabilities, using gold bars held in a vault in Perth, Australia. Investors can redeem their shares for gold coins and small bars.

AAAU tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults located in the UK.

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

Aberdeen Standard Gold ETF Trust

ProShares Ultra Gold

Gold's price movements suggest a bearish bias, with key support levels and potential targets indicating a possible continuation of the current downtrend.

Gold Price Forecast: Bearish Bias Persists as Consolidation Persists

(Kitco News) - While the Federal Reserve is delaying rate cuts due to inflation, the economy is still getting lots of support, noted Eric Strand, founder and portfolio manager of AuAg Funds.

Triple-digit gains for the gold miners? AuAg Funds' Eric Strand makes the case

DB Gold Double Long ETN

iShares Gold Strategy ETF

Gold traders are waiting for additional catalysts.

Gold, Silver, Platinum Forecasts – Gold Gains Ground In Quiet Trading

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 just a bit higher in midday U.S. trading Wednesday, on some more backing and filling on the charts amid a lack of major, fresh fundamental news in the marketplace at mid-week. Traders are awaiting some fresh markets-moving fundamental news.

Gold, silver up a bit in quieter, two-sided trading

(Kitco News) – The People's Bank of China (PBoC) added to their bullion reserves for the 18th month in a row, but April also marked the second month in a row of dramatically lower quantities, suggesting that record-high prices may finally be souring the central bank on gold.

PBoC buys gold for 18th straight month, but April also marked second month of sharply lower purchases

Gold-backed exchange-traded funds (ETFs) suffered their 11th straight month of declines, according to the World Gold Council (WGC).

Gold ETFs Endured Further Outlows In April, World Gold Council Says

(Kitco News) - Despite high yields and a strong  U.S. dollar, gold is moving higher because of the compelling macro picture, said Brien Lundin, editor of the Gold Newsletter.

Big money has already moved in and bought gold - Brien Lundin says investors aren't waiting

The gold markets continue to see a lot of support just below, as the market will continue to try to build a bit of a base in this general area, just above the $2300 level.

Gold Price Forecast – Gold Continues to Build a Base Above $2300

(Kitco News) - Gold and silver prices are just a bit lower in early U.S. trading Wednesday, on some backing and filling on the charts amid a lack of major, fresh fundamental news in the marketplace at mid-week. There are bearish “outside-market” forces working against the precious metals market bulls today: a firmer U.S. dollar index and lower crude oil prices.

Mild price pressure on gold, silver amid consolidation

(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. Based on key short-term technical support and resistance levels, I show potential buy and sell price entry points.

Gold market analysis for May 8 - key intra-day price entry levels for active traders

The near-term forecast for gold (XAU/USD) appears bearish, given the prevailing economic conditions and market sentiment.

Gold Prices Forecast: Mixed as Firm Dollar Caps Gains, Geopolitics Underpin

Gold maintains a cautious stance, holding above the pivotal $2,310 mark as investors anticipate further cues from upcoming Federal Reserve speeches.

Gold (XAU) Daily Forecast: Holds Above $2,310 Pivot, Buying Ahead?

The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation to offer customers mini gold bars.

Gold bars are selling like hot cakes in Korea's convenience stores and vending machines

Gold remains in consolidation below key resistance levels, with a bearish flag pattern indicating potential for lower prices unless it rallies above recent highs.

Gold Price Forecast: Sideways Trend Continues, Bear Flag Pattern Signals Potential Decline

The spot price of gold was 0.4% lower at $2,315.52 per ounce as of 3 p.m. ET Tuesday as the U.S. dollar gained on the pound and yen, with comments by several Federal Reserve officials that could give hints as to the future of interest rates in focus.

Gold Price on May 7: Rate Falls With Fed Comments, Consumers in Focus

Gold faced resistance near the $2330 level.

Gold, Silver, Platinum Forecasts – Gold Retreats As Dollar Rebounds

Gold prices eased back on Tuesday, a day after settling at their highest in a week, though prospects for a rally remain as traders continue to monitor developments in the Middle East.

Gold prices ease back from a 1-week high

(Kitco News) - Gold and silver prices are posting mild losses in subdued midday U.S. trading Tuesday, on corrective pullbacks after Monday's decent gains. A firmer U.S. dollar index on this day is a mildly bearish “outside-market” force working against the precious metals market bulls.

Modest downside corrections for gold, silver

(Kitco News) - Gold's new consolidation phase is creating an opportunity for investors to increase their exposure to the precious metal and the undervalued mining sector, according to one fund manager.In a recent interview with Kitco News, Ryan McIntyre, Managing Partner at Sprott Inc, said that looking at equity market valuations in the current economic cycle, it's a “no-brainer” that investors should move away from the S&P 500 and into gold and gold miners.He added that he expects investors to continue to buy dips in the market, which will continue to support prices in their elevated range.Investment demand in the gold market has been relatively lackluster for the past year as rising interest rates have raised the precious metal's opportunity costs. However, McIntyre said that the focus on bond yields vs the cost of holding gold has been misguided.

It's a no-brainer to switch from the S&P 500 into gold – Sprott's Ryan McIntyre

A divergence in precious metal prices has created a possible trade.

‘Please, For the Love of God, Take Down Your Gold Exposure.' What to Buy Instead.

(Kitco News) – Gold prices continue to face headwinds from elevated bond yields, while silver is set to benefit from the global 5G rollout for years to come, according to analysts at Heraeus.

Bond yields weigh on gold prices, 5G rollout supports silver demand – Heraeus

Given the recent geopolitical tensions driving fluctuations in commodities like gold and oil, forecasting the direction and extent of these investments' price movements can be challenging.

ChatGPT vs Gemini quarterly Gold price predictions for 2024

Gold market analysis for May 7 - key intra-day price entry levels for active traders

(Kitco News) - Gold and silver prices are a bit lower in early U.S. trading Tuesday, on corrective pullbacks after Monday's decent gains. A firmer U.S. dollar index and weaker crude oil prices on this day are mildly bearish “outside-market” forces working against the precious metals market bulls.

Gold, silver see modest selling on price corrections

The outlook for gold remains cautiously bullish as it continues to serve as a hedge against macroeconomic uncertainty and currency fluctuations.

News for Goldman Sachs Physical Gold ETF ETF (AAAU)