SPDR Gold Trust

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

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold MiniShares Trust

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VanEck Merk Gold Trust

Aberdeen Standard Gold ETF Trust

ProShares Ultra Gold

Gold continues to advance off the February 14 swing low with a new countertrend rally high of 2,031. That high reached the next previously noted target zone of 2,031. It completes a successful test of resistance at the combined 38.2% Fibonacci retracement and the 50-Day MA (orange) price zone. Also, it is notable that today's high tested resistance of the prior internal trendline as well. Once the high was hit the sellers took over again, dropping the price of gold back towards the 50% area of the day's high to low trading range. In other words, once the 2,031 target was hit, resistance kicked in.

Gold Price Forecast: Resistance at 2,031, Potential Pullback Ahead

DB Gold Double Long ETN

iShares Gold Strategy ETF

(Kitco News) - Although the gold market is holding critical support above $2,000 an ounce, it lacks any significant bullish momentum; however, one U.S. bank still sees substantial potential for the precious metal.

Citi sees potential for gold to hit $3,000, but that's not the base case

(Kitco News) - With gold's rebound extending to its fourth consecutive session on Tuesday prices are proving to be well supported above $2,000 per ounce, but a significant correction could be in the cards before the precious metal makes new highs, according to Justin Low, currency analyst at ForexLive.

Gold prices are well supported, but lower highs and lower lows indicate a potential pullback – ForexLive's Low

(Kitco News) - Gold prices are posting decent gains in midday U.S. trading Tuesday, while silver prices are lower. The yellow metal is getting a lift due to China dropping key interest rates for mortgages in an effort to jumpstart its troubled housing/property sector.

Gold gains on China stimulus, friendly outside markets

Gold tested new highs as the rebound continued.

Gold, Silver, Platinum Forecasts – Gold Tests Resistance At $2025

The gold markets continue to see a lot of inflows, as there are a lot of reasons to think that the gold market could continue to go higher over the next several weeks, if not years.

Gold Price Forecast – Gold Continues to See Buyers Jumping Into The Market

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

Amid stronger dollar and higher yields, gold (XAU/USD) prices hold steady as investors eagerly await Federal Reserve's meeting minutes insights.

Gold Prices Forecast: Steady as Traders Eye FOMC Minutes for Clues

There's an off chance that gold prices could soar to $3,000 per ounce, and oil to surge to $100 per barrel within the next 12 to 18 months, says Citi.

Gold at $3,000 and oil at $100 by 2025? Citi analysts don't rule it out

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 continue to defy the odds as the precious metals hold critical support even as inflation fears prompted hedge funds to liquidate their bullish positionings and increase their speculative bets, according to the latest trade data from the Commodity Futures Trading Commission.Commodity analysts at Société Générale noted that the gold market led speculative outflows in the commodity space last week as $6.9 billion fled the precious metal.The CFTC's disaggregated Commitments of Traders report for the week ending Feb. 13 showed money managers decreased their speculative gross long positions in Comex gold futures by 13,674 contracts to 100,642. At the same time, short positions increased by 20,219 contracts to 66,466 contracts.The gold market is now net long by only 34,176 contracts as bullish speculative positioning falls to its lowest level since Oct. 16.

Inflation fears force hedge funds to ditch gold, increase bearish bets in silver

Demand for safe-haven assets stays strong amid rising geopolitical tensions, which is bullish for gold.

Gold, Silver, Platinum Forecasts – Gold Gains Ground Despite Pullback In Precious Metals Markets

(Kitco News) - Reminiscent of 2019, the debate between gold and Bitcoin rages anew as the two assets see a stark contrast in investment demand.

Bitcoin ETFs are not competing with gold as the precious metal holds above $2,000

Central bank demand and Fed's rate cuts could push gold above $2150 in 2024.

Gold May Hit New Highs In 2024

(Kitco News) - Thin holiday trading with North American markets closed for holidays is creating some volatility in the precious metals market, with gold prices benefiting and silver prices suffering.

Gold prices benefiting from geopolitical uncertainty, silver prices see some profit taking

The gold markets have continued to bounce around during the course of the trading session on Monday, although it is worth noting that it was Presidents' Day in the United States, so therefore liquidity would be an issue.

Gold Price Forecast – Gold Markets Continue to Bounce Around

Gold stabilizes within $2,000-$2,050 range amid high U.S. inflation and strong dollar concerns.

Gold, Silver, Copper Forecast: Metals Cautious Amidst US Inflation Fears

Gold (XAU/USD) is climbing amid global unrest and a soft U.S. Dollar, with its fate hinging on Fed's rate and inflation policies.

Gold Prices Forecast: Safe-Haven Demand Rises Amid Middle East Tensions

Increasing 10-year Treasury yield and dollar index rise reduce gold's appeal despite inflation concerns.

Gold Prices Forecast: XAU/USD to Face Pressure from Rising Treasury Yields

(Kitco News) - For months now, economists have warned consumers that inflation will be a challenging monster to slay, that that last push to get prices below 2% will be a hard mile, or a tough row to hoe; take your pick of analogies or metaphors because they are all true.This past week, we saw both consumer and producer prices rise more than expected, and while prices have come down from their 2022 peaks, we are still a long way from the Federal Reserve's target of 2%.Gold and silver prices dropped to multi-month lows, testing critical support at $2,000 and $22 an ounce, respectively. Investors continue to flee the gold market as higher-for-longer interest rates support higher bond yields and a stronger U.S. dollar.Instead of gold, investors continue to push equities to record highs, and they also see new opportunities in Bitcoin.

Are investors swapping their gold for Bitcoin as inflation fears rise?

(Kitco News) - As expected, the gold market got its direction from inflation data this week, with the only major move being the sharp price decline on Tuesday morning following hotter-than-expected CPI data for January, which drove spot gold from just under $2,030 per ounce in the minutes before the 8:30 am EST release all the way to $1,991 an hour and a half later.

Analysts doubt gold's strength next week, retail traders don't stop believing

Gold's recent rally, nearing 2,015, indicates potential for further upside, with targets at 2,025 and 2,030, but a drop below 1,995 could lead to weakness.

Gold Price Forecast: Hits Resistance but Higher Targets Remain

(Kitco News) - Rising inflation pressures have taken their toll on the gold market. While a lot has been thrown at the precious metal, it continues to hold critical support, at least for now, according to some analysts.

Ignore gold and focus on silver as prices rally 7% from support

Precious metals markets are moving higher ahead of the weekend.

Gold, Silver, Platinum Forecasts – Gold Gains Ground Despite Rising Treasury Yields

Five-year expectations for business conditions increased to the highest levels since December 2020.

Michigan Consumer Sentiment Rises Again In February

(Kitco News) -The gold market remains under pressure but continues to hold support above $2,000 an ounce as U.S. consumer sentiment hold relatively steady at near multi-year highs.

News for SPDR Gold Trust ETF (GLD)