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

(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 23 - key intra-day price entry levels for active traders

The Fed's stance on prolonged high interest rates and resulting profit-taking indicate a bearish short-term outlook for gold (XAU/USD) prices.

Gold Prices Forecast: XAU/USD Drops on Profit Taking and Fed Minutes

Gold prices have fallen to $2,365, pressured by the Federal Reserve's hawkish stance and a strong dollar.

Gold (XAU) Daily Forecast: Prices Drop to $2,365; Hawkish Fed and Strong Dollar Impact

Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF) has reported good gold indications from exploratory drilling on its huge acreage at Navarre Creek in Idaho. Four areas were targeted with intercepts at two said to be “of significance”.

Phoenix Copper hits early signs of gold from Navarre drilling

Gold's decline from its peak of 2,450 brings it near vital support zones, including the 20-Day MA at 2,348.

Gold Price Forecast: Falls Further After Record High, Eyes Key Support Levels

(Kitco News) - Although U.S. monetary policy has become a secondary factor in the gold market, persistent inflation could create some further selling pressure as it could force the Federal Reserve to raise interest rates again, according to the minutes from the Apri/May Federal Open Market Committee meeting.

Gold prices remain under pressure as Fed sees possible rate hikes if inflation picks up

DB Gold Double Long ETN

iShares Gold Strategy ETF

Silver and platinum have also found themselves under significant pressure.

Gold, Silver, Platinum Forecasts – Gold Dives Below $2400 On Profit-Taking

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 sharply lower in midday U.S. trading Wednesday, on corrective pullbacks and profit taking following recent solid gains. Weak-handed longs in the gold and silver futures markets are also being forced to liquidate their recently established positions.

Gold, silver sink on profit taking, weak long liquidation

(Kitco News) – There are multiple indications that the world is progressing towards a transition to a new gold standard, according to Steve Forbes, Chairman and Editor-in-Chief of Forbes Media.

Signs that a global gold standard is gaining traction – Steve Forbes

CRZBY

(Kitco News) - Western investors appear to be finally having a positive impact on the gold market, or at the least, they are not getting in the way of higher prices, according to one market analyst.

A pause in Western investor selling has been enough to drive gold to new record highs - Commerzbank

(Kitco News) -The gold market continues to see solid technical selling pressure with prices struggling to hold support at $2,400 an ounce. The market has been unable to attract any new buying momentum even as U.S. consumers largely stay away from the housing market.

Gold struggling at $2,400 an ounce as U.S. existing home sales fall 1.9% in April

2024 has been filled with headlines about stock market highs and stocks such as Nvidia. But one major asset and commodity that is making an historic rally is Gold.

Important Gold Price Ratio Is Breaking Out!

The gold market has been somewhat steady over the last several sessions, as we continue to validate the idea of the $2400 level offering support going forward.

Gold Price Forecast – Gold Continues to Look For Higher Pricing

(Kitco News) - Gold and silver prices are weaker again in early U.S. trading Wednesday, on routine corrective pullbacks and some profit taking following recent solid gains that saw gold hit a record high of $2,454.20 an ounce, basis June Comex futures on Monday, and silver hit an 11-year high of $32.75 an ounce, basis July Comex futures. Bearish daily “outside market” forces are also squelching the precious metals market bulls at mid-week.

Modest price pressure on gold, silver, amid bearish outside mkts

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

Short term, gold prices may remain under pressure as traders digest Fed minutes and economic data. However, long-term fundamentals remain bullish.

Gold Prices Forecast: XAU/USD Slips as Investors Await Fed Minutes

Buying from central banks, particularly from China, can keep the gold rally going even if anxious individual investors don't jump in.

Gold's Latest Allure? It's Sanctions-Proof

Gold remains bullish above $2,410, with traders closely watching FOMC minutes for cues on future rate policies.

Gold (XAU) Daily Forecast: Bullish Above $2,410; FOMC Minutes In Focus

United States Brent Oil Fund LP

Coinbase

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

(Kitco News) - A potential West  Coast/East Coast feud is brewing in financial markets as two major exchanges creep into each other's carved-out lanes.

Financial market feud: Coinbase Launches Oil & Gold Futures, CME Targets Bitcoin Spot Market

Gold retreated slightly on Tuesday, pulling back from the new record high of $2,450 hit in the previous session.

Gold Price Forecast: Minor Pullback Following New Record High

(Kitco News) - A new paradigm shift in the gold market as long-held correlations break down means investors must follow a new playbook, according to one investment firm.

The new playbook says investors should hold 25% of their portfolio in gold - Incrementum AG

Gold received support near the $2410 level and moved back above $2420.

Gold, Silver, Platinum Forecasts – Gold Pulls Back As Traders Take Profits Near Historic Highs

(Kitco News) - Gold and silver prices are lower in midday U.S. trading Tuesday, following recent solid gains that saw gold hit a record high of $2,454.20 an ounce, basis June Comex futures on Monday, and silver hit an 11-year high of $32.75 an ounce, basis July Comex futures. Profit-taking from the shorter-term futures traders is featured today, which is not unusual.

Routine profit-taking pressure in gold, silver Tuesday

(Kitco News) – Gold prices may be benefiting from U.S.-China trade tensions and rising Indian seasonal demand, while the subcontinent's solar buildout is also expected to boost silver demand, according to precious metals analysts at Heraeus.

Gold prices rise on tariff threats and improved inflation outlook, silver sees increasing solar demand from India – Heraeus

(Kitco News) - The gold market is not seeing any significant reaction to recent comments from U.S. central bankers, who appear united in their focus on inflation. While interest rates may not be going higher, they are in no rush to start the much-anticipated easing cycle.

News for Goldman Sachs Physical Gold ETF ETF (AAAU)