SPDR Gold MiniShares Trust

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

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The Federal Reserve's Federal Open Market Committee (FOMC) has four more meetings on its calendar for 2023, one each in July, September, October/November and December.

Gold Outlook for the Rest of 2023

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Invesco DB Precious Metals Fund

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Global X Silver Miners ETF

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(Kitco News) - Gold and silver prices are lower in midday U.S. trading Thursday, following a much stronger-than-expected U.S. ADP employment report this morning that showed a gain in jobs that was double market expectations.

Stronger U.S. jobs data pressure gold, silver

(Kitco News) - The gold market saw renewed selling pressure after the latest data from the Institute for Supply Management (ISM) showed activity in the U.S. service sector strengthened far more than expected in June.

Gold selloff continues as ISM Services PMI strengthens to 53.9% in June

Gold markets have gone back and forth during the session on Thursday as the ADP employment numbers had people freaking out to begin with.

Gold Price Forecast – Gold Markets Bounced from 200-Day EMA

Despite a rise in North American holdings, gold-backed exchange-traded funds (ETFs) endured net outflows in the first half as interest rate rises spooked investors.

Global Gold ETFs Experience 50-Tonne Outflow In H1 – WGC

(Kitco News) - The gold market remains under pressure and is seeing little reaction to forward looking labor market data that showed a drop in available jobs.

Gold prices remain down on the day as JOLTS shows drop in job openings

(Kitco News) - The gold market is seeing some renewed selling pressure as the U.S. labor market continues to fire on all cylinders as private-sector job growth surged higher in June, according to the latest report from payrolls processor ADP.

Gold prices falling after ADP said 497K jobs created in June, wages increase 6.4%

Gold futures prices edged higher on Thursday, as the U.S. dollar slipped, with the precious metal stabilizing after falling to a three month lows last week.

Gold prices slightly higher as U.S. dollar slips

After gold ended the first half of this year on a positive note, the World Gold Council said it sees potential for a further rise in prices for the precious metal, but it also warned that risks to that outlook persist as questions continue to surround the prospects for the U.S. and global economy.

This is how gold may perform under a soft or hard economic landing

(Kitco News) - Gold prices are modestly up and silver slightly down in early U.S. trading Thursday. More short covering from the futures traders is featured in gold, ahead of a very busy day for U.S. economic reports.

Gold price firmer ahead of busy U.S. data drop Thursday

(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.

Gold market analysis for July 6 - key intra-day price entry levels for active traders

Investors anticipate U.S. data impact on gold amid rate hike expectations, while focus shifts to labor market, China controls, and Yellen's visit.

Gold Price Forecast: Focus Shifts to Labor Market Data Amid Rate Hike Concerns

A bullish reversal pattern emerges as gold breaks above last week's high, awaiting confirmation.

Gold's Countertrend Rally Hits New Trend High, but Resistance Kicks in for a Pullback

(Kitco News) - Gold prices is seeing some modest selling pressure, giving up resistance at $1,930 an ounce after the Federal Reserve continues to signal that it will continue to raise interest rates even after pausing last month, according to the minutes from the June monetary policy meeting.

Gold prices fall as FOMC minutes show Fed still looking to raise interest rates in 2023

Oil inventories are falling as high interest rates make the price of storage costly, top analyst Amrita Sen wrote. That could expose the oil market to a major shock, she warned in the Financial Times.

The oil market faces the risk of a major shock as high interest rates cause traders to dump inventories

Gold futures settled lower on Wednesday, then fell further in electronic trading following the release of minutes from the Federal Reserve's June monetary policy meeting. The minutes showed that an unspecified number of Fed officials supported an interest-rate hike at the latest meeting but the vote to hold interest rates steady in the range of 5% to 5.25% was unanimous.

Gold futures settle lower, then show further declines after FOMC minutes

(Kitco News) - Gold prices are near steady up and silver solidly higher in midday U.S. trading Wednesday. Short covering from the futures traders was featured, especially in silver, ahead of the afternoon FOMC minutes from the Federal Reserve.

Gold pauses ahead of FOMC minutes release

Gold prices traded slightly higher on Wednesday after weak Chinese service sector activity data, suggested world economic growth may be slowing.

Gold prices slightly higher after weak China data

(Kitco News) - Gold prices are modestly up and silver slightly down in early U.S. trading Wednesday.

Gold price firmer on short covering ahead of FOMC mintues

Gold market analysis for July 5 - key intra-day price entry levels for active traders

Gold prices hold steady as investors eagerly await the release of the Fed's meeting minutes later today, while a stronger dollar adds pressure.

Gold Price Forecast: Steady Amid Dollar Strength as Investors Await Fed Minutes

A rally above last week's high of 1,933 would break the nine-week pattern and point to higher prices.

Gold in Early Stages of Bullish Reversal

Precious metals are moving higher while traders wait for additional catalysts.

Gold, Silver, Platinum – Platinum Tests The $930 Level

(Kitco News) - Gold's brief push above $2,000 an ounce in mid-May could represent the yellow metal's high-water mark for the year as markets continue to adjust to dynamic interest rate expectations and a resilient U.S. economy.

Gold prices to remain in neutral territory for the rest of 2023, silver to see slightly higher prices - BMO Capital Markets

Gold markets were slightly positive during the trading session on Tuesday in somewhat limited electronic trading. That being said, the market looks as if it is going to continue to go higher given enough time.

News for SPDR Gold MiniShares Trust ETF (GLDM)