Aberdeen Standard Gold ETF Trust

SGOL seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars.

Goldman Sachs Physical Gold ETF

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

ProShares Ultra Gold

(Kitco News) - The gold market is under pressure falling below critical long-term support at $1,675 an ounce as the Federal Reserve raises the Fed Funds rate by another 75 basis points and signals that more aggressive rate hikes will continue into next year.

Gold prices drop into negative territory as Federal Reserve sees terminal rate above 4.5% in 2023

(Kitco News) - Gold is in a precarious position as a break below $1,675 an ounce could open the door to $1,600 an ounce, warned Australia and New Zealand Banking Group (ANZ).

Gold price 'vulnerable' to major move lower, says ANZ

(Kitco News) - Gold price will ‘collapse' today if the Fed makes this crucial decision – Adrian Day's FOMC preview

Gold price will ‘collapse' today if the Fed makes this crucial decision – Adrian Day's FOMC preview

It's a truism in commodities markets that the dollar and gold have an inverse relationship. Thus when the gold price is strong, the dollar is weak.

What next for the gold price, as the dollar marches onward?

(Kitco News) - Gold and silver prices are higher in early U.S. trading Wednesday morning, as heightened geopolitical concerns have prompted some safe-haven demand.

Gold price firmer on modest safe-haven bid; FOMC conclusion awaited

Powell is expected to emphasize the Fed will do what it takes to fight inflation and it is unlikely to reverse its rate hikes anytime soon.

Gold Price Fundamental Daily Forecast – 75 Basis Point Rate Hike Priced In; Fed Projections Set the Tone

(Kitco News) - Precious metals are caving under the strength of the U.S. dollar and rising Treasury yields ahead of the critical interest rate decision by the Federal Reserve.

Gold price stacking up losses ahead of key Fed rate decision, analysts warn of $1,600 level

The gold market has fallen a bit during the trading session on Tuesday as we continue to look as if we are getting close to breaking down a bit.

Gold Price Forecast – Gold Markets Continue to Threaten a Breakdown

(Kitco News) - The Moscow World Standard, an alternative to the London Bullion Market Association (LBMA), could end gold price manipulation and reveal the metal's fair market value, according to Matthew Piepenburg, Commercial Director at Matterhorn Asset Management.

Russia's new gold exchange could challenge LBMA and reveal gold's 'fair' price - Matthew Piepenburg

(Kitco News) - The gold market remains under pressure trading below a critical support level but is not seeing any new major selling momentum following mixed activity in the U.S. housing market.

Gold price remains down but largely ignores 12% jump in U.S. housing construction data

Gold prices could plunge $70 to $100 on Wednesday if the Fed moves its target range for its benchmark interest rate to 4.0 - 4.25%.

Gold Price Fundamental Daily Forecast – Jump in Treasury Yields Has Gold Traders Bracing for Big Fed Rate Hike

(Kitco News) - Gold and silver prices are slightly lower in early U.S. trading Tuesday. An aggressively hawkish monetary policy from the U.S. Federal Reserve has cast a pall over the stock and financial markets

Gold price a bit weaker as FOMC meeting looms

Gold is 0.3% lower this morning, as it is trading along the $1,670 level. What about the other precious metals?

Daily Gold Update: Tuesday, September 20 – Gold Price Goes Sideways Ahead of Tomorrow's Fed

Gold futures fell on Monday, giving back most of the climb in prices they saw on Friday, as investors await a Federal Reserve decision this week on interest rates. The central bank is widely expected to announce a rate hike of three-quarters of a point on Wednesday.

Gold futures settle lower to hold near their lowest level in over 2 years

(Kitco News) - The gold market may continue to suffer as the Federal Reserve's aggressive monetary policy strategy drives bond yields and the U.S. dollar high; however, one bank still sees it as an essential asset to hold in the current environment of heightened uncertainty.

SocGen maintaining its safe-haven exposure in gold even as price action remains lackluster

(Kitco News) - As gold falls below its support of $1,675, David Erfle, Founder of JuniorMinerJunky,com, said that a strong dollar is weighing down the precious metal. Gold and the U.S. dollar often move in opposing directions.

Gold analyst calls for this critical price level; gold stays suppressed as strong dollar 'weighs' down price - David Erfle

Helping to put a cap on the market are higher U.S. Treasury yields and a steady U.S. Dollar.

Gold Price Futures (GC) Technical Analysis – Could Break Another $70 if Fed Hikes Rates More Than Expected

Gold markets have had a choppy session on Monday as we continue to hang around the lows that we have been paying close attention to for a while.

Gold Price Forecast – Gold Markets Continue to Hang Around the Lows

(Kitco News) - Gold and silver prices are lower in early U.S. trading Monday, with gold hovering just above last week's nearly 2.5-year low.

Gold price down despite keener risk aversion to start trading week

Rapidly rising interest rates have been a problem for gold because high interest rates increase the opportunity cost of holding non-yielding bullion.

Gold Price Fundamental Daily Forecast – Sellers Bracing for Aggressive Central Bank Rate Hikes

Gold prices fell sharply early last week after traders priced in the possibility of a 100 basis point rate hike by the Fed on September 21.

Gold Price Futures (GC) Technical Analysis – Friday's Reversal Bottom May Have Shifted Short-Term Momentum

The World Bank warned a global recession is possible as central banks simultaneously raise interest rates to combat persistent inflation.

Gold Price Fundamental Daily Forecast – Edges Higher After World Bank's Recession Warning

Gold futures climbed on Friday, finding support following a September reading on U.S. consumer sentiment, but prices marked their fourth weekly loss in five weeks. A survey of consumer sentiment from the University of Michigan showed a rise to 59.5 in September.

Gold futures end higher for the session, fall for the week

(Kitco News) - Gold's volatility rocked the market this week as critical support levels broke and prices tumbled towards $1,650 an ounce.

Fed's next move defines what gold price does next after volatile drop to pandemic levels

Gold markets have fallen rather hard during the trading week, slicing through the $1680 level. However, we tried to recover that on Friday.

News for Aberdeen Standard Gold ETF Trust ETF (SGOL)