iShares Gold Strategy ETF

IAUF follows an index that provides exposure to the price performance of gold by holding gold futures and gold ETPs.

Goldman Sachs Physical Gold ETF

Invesco DB Gold Fund

DB Gold Double Long ETN

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

ProShares Ultra Gold

Silver tests multi-year highs amid rising demand for precious metals.

Gold, Silver, Platinum Forecasts – Gold Tests New Highs As Strong Rally Continues

Just before periods of financial market and economic turmoil in the U.S., the Dow Jones Industrial Average and gold prices have traded at all-time highs in tandem (1973, 2007). The only other instance of a dual high in these two assets was late 2020, following upheaval caused by the once-in-a-lifetime COVID pandemic.

Gold And The Dow Both Trade At All-Time Highs: What History Says

Traders ignore U.S. dollar's rally and stay bullish on gold.

Gold, Silver, Platinum Forecasts – Gold Tests Historic Highs Despite Rising Treasury Yields

The rally in gold showed little sign of a slowdown on Thursday, even as futures prices for the precious metal touched their highest intraday level on record — for the 33rd time so far this year.

Gold may not reach a price ceiling anytime soon. Here's why.

Gold is moving higher amid rising demand for precious metals.

Gold, Silver, Platinum Forecasts – Gold Is Heading Towards All-Time Highs

Gold prices have risen to a new record high, topping $2,680, which analysts attributed to movements in government bond markets.  In short, inflation expectations on both sides of the Atlantic have eased this week, leading to rising expectations for interest rate cuts and therefore putting pressure on bond yields, which makes gold more attractive to some investors.

Gold hits new record high as govt bond yields drop

Gold is moving towards the key resistance level at $2675 – $2685.

Gold, Silver, Platinum Forecasts – Gold Climbed Above $2660 As Treasury Yields Pulled Back

PALM BEACH, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - In an recent article published by Skilliing.com regarding current Gold trends: “From ancient civilizations to modern-day investors, gold has consistently been sought after for its perceived stability and hedge against inflation and economic uncertainty. This enduring appeal has led to significant price movements over the years, with gold prices often mirroring broader economic trends. Understanding these dynamics is crucial for predicting future gold price movements and making informed investment decisions. According to experts, the gold price in October 2024 is expected to be influenced by several key factors. The ongoing geopolitical tensions, particularly in the Middle East, are likely to keep gold prices elevated. Additionally, the anticipation of US rate cuts in the third and fourth quarters of 2024 could further boost gold prices. With the current record already at $2,431.85, the next milestone to watch is $2,500 per ounce. The bullish setup of gold's chart and its leading indicators suggest that gold could move close to the $2,550 area in 2024. This prediction is supported by the recent rally in gold prices, which has already surpassed many predictions for the year. The combination of geopolitical concerns and the potential for rate cuts makes a further rally in gold prices plausible.” Active mining companies in the markets this week include RUA GOLD Inc. (OTCQB: NZAUF) (TSX-V: RUA), Mawson Gold Limited (OTCPK: MWSNF), Founders Metals Inc. (OTCQX: FDMIF), SNOWLINE GOLD CORP (OTCQB: SNWGF) (TSX-V: SGD), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM).

Bullish Sentiments High on Gold Trends as Mining Operations Continue to Ramp Up

Strong dollar put pressure on gold and silver markets today.

Gold, Silver, Platinum Forecasts – Gold Pulled Back As Dollar Tested Multi-Week Highs

Hang Seng Index slips as tech stocks decline, but stimulus boosts real estate. ASX 200 and Mainland equities rally on China's fiscal measures.

Hang Seng Index: Tech Stocks Struggle as Stimulus Lifts Real Estate Sector

Tech and real estate stocks drag Hang Seng Index lower, overshadowing US equity market strength and Fed rate optimism.

Hang Seng Index Tumbles 6.5% on China's Stimulus News – Asian Market Recap

Demand for gold stays strong amid rising geopolitical tensions.

Gold, Silver, Platinum Forecasts – Gold Climbed Above $2650

Gold prices recovered, reaching 2,644.00 USD per troy ounce on Friday, as investors navigated mixed signals from recent US economic data. The resilience in September's employment market introduced some hesitations regarding the Federal Reserve's pace of monetary easing, as the robust job data might warrant a less aggressive approach to rate cuts.

Gold Recovers Amid Mixed US Economic Indicators

At current levels, Consumer Sentiment is 8% stronger than a year ago.

Michigan Consumer Sentiment Declined To 68.9

On a year-over-year basis, Core PPI exceeded analyst estimates.

Core PPI Rises 0.2% In September, In Line With Analyst Consensus

Looking at gold, it remains in a very strong uptrend, though it has paused due to the impressive recovery in the US dollar. The dollar could continue to see more upside, especially given that inflation came in a bit stickier at 2.4% rather than the expected 2.3%.

Gold Has More Upside After This Pullback

The precious metals rally appears to have reached an important juncture. Yesterday I wrote about Silver and a potential inflection point.

Gold Bugs Index Nears Important Inflection Price Point!

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Gold price up after tame U.S. CPI, rise in jobless claims

Initial Jobless Claims increased to 258,000, raising worries about the situation in the job market.

Core Inflation Rises To 3.3%

Rising Treasury yields put additional pressure on gold markets.

Gold, Silver, Platinum Forecasts – Gold Remains Under Pressure As Dollar Tests New Highs

Gold prices have seen a decline recently, marking a sixth consecutive day of losses. The drop continues as market participants adjust their expectations about significant interest rate cuts and focus on the upcoming Federal Reserve meeting minutes and inflation data.

Gold Prices Slip as Fed Rate Expectations Shift; Costco's Bullion Sales Surge

Gold is heading towards the psychologically important $2600 level.

Gold, Silver, Platinum Forecasts – Gold Retreats Amid Sell-Off In Commodity Markets

Gold-backed exchange-traded funds (ETFs) recorded further net inflows in September, according to the World Gold Council (WGC).

Gold ETFs Rise By 18 Tonnes In September, Says World Gold Council

Nikkei 225 slides as Japan's household spending rebounds, boosting Yen demand. Hang Seng suffers tech and real estate losses post-China holiday.

Hang Seng Index Plummets as China Reopens Without New Policy Measures

Silver and platinum are moving lower as demand for precious metals declines.

News for iShares Gold Strategy ETF ETF (IAUF)