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

The divergence between the market's dovish rate hike expectations and the Fed's hawkish view on rate hikes is dictating the price action.

Price of Gold Fundamental Daily Forecast – Traders Eyeing Market Rate Hike Expectations, Fed Member Outlooks

(Kitco News) - If gold can't close around the $1,820 an ounce level, a breakout summer rally could be out of the question for the precious metal, with some analysts even warning of a pullback to $1,700 an ounce.

Where is gold's summer rally? This price level is needed for breakout

Investors evaluated whether an apparent slowdown in inflation increases could prevent the Fed from front-loading interest rate hikes.

Gold Price Futures (GC) Technical Analysis – Bulls Eyeing Fib Level at $1822.60 for Potential Breakout

(Kitco News) - Despite failing to stage a breakout rally after cooler inflation data, gold is still looking to close Friday with its fourth consecutive weekly gain. However, Wall Street remains split on the precious metal's direction next week.

Gold price posts fourth weekly gain, but Wall Street split between bulls and bears - Kitco's gold price survey

Gold futures closed higher Friday, shrugging off earlier weakness, to sweep to a fourth straight week in a row of gains. Gold for December GCZ22, +0.43% GC00, +0.43% rose 0.5% on Friday, or $8.30, to settle at $1,815.50 an ounce on Comex.

Gold prices sweep to fourth week of gains Friday, the longest streak since December

The gold markets have rallied significantly during the course of the week to break above the shooting star from the previous week. However, we are struggling right around the same area.

Gold Weekly Price Forecast – Gold Markets Break the Top of a Shooting Star

(Kitco News) - The gold market is attempting to hold its early-morning gains as consumer sentiment ticks up in August. The second consecutive monthly improvement comes after the index hit an all-time low in June.

Gold price edges down as UofM consumer sentiment ticks up to 55.1

(Kitco News) - Gold and silver prices are weaker in early U.S. trading Friday, as lower crude oil prices and a higher U.S. dollar index are bearish daily “outside market” forces working against the precious metals, amid a lack of other fresh fundamental news to end the trading week.

Price pressure on gold amid higher USDX, lower crude oil

Gold is 0.1% lower this morning, as it is still trading within a consolidation. What about the other precious metals?

Daily Gold News: Friday, August 12 – Gold Price Consolidating After Inflation Data

Daly warned it is far too early for the Fed to “declare victory” in its fight against inflation, the Financial Times reported on Thursday.

Price of Gold Fundamental Daily Forecast – Gains Capped by Hawkish Fed Expectations

Trader reaction to $1798.50 is likely to determine the direction of the December Comex gold futures contract into the close on Thursday.

Gold Price Futures (GC) Technical Analysis – Reaction to $1798.50 – $1822.60 Determines Near-Term Tone

Gold futures closed lower Thursday for the first time in about a week as stocks rallied in the wake of cooler U.S. inflation data. December gold GCZ22, -0.41% fell $6.50, or 0.4%, on Thursday to settle at $1,807.20 an ounce on Comex, according to FactSet.

Gold prices end lower Thursday for first time in almost a week

Gold markets have gone back and forth during the session on Thursday as we continue to see a lot of volatility with not only gold, but the US dollar itself.

Gold Price Forecast – Gold Markets Continue to Question the Next Move

(Kitco News) - The initial weekly jobless claims rose by 14,000 to 262,000 in the week to Saturday, slightly more than markets were expecting.

U.S. weekly jobless claims rise to 262,000, gold price flat on the day

(Kitco News) - Gold ticked down but was largely unchanged after the U.S. Producer Price Index (PPI) rose more slowly in July, coming in at 9.8% on an annual basis versus the expected 10.4%.

U.S. producer price acceleration slows in July, gold price off its daily highs

(Kitco News) - Gold and silver prices are modestly down in early U.S. trading Thursday, following another U.S. inflation report that came in not as hot as the marketplace expected.

Gold price weaker following another tamer U.S. inflation report

Gold is 0.1% lower this morning, as it is still trading along the $1,800 level. What about the other precious metals?

Daily Gold News: Thursday, August 11 – Gold Price Remains Above $1,800

A Chicago jury found Michael Nowak and Gregg Smith guilty of "spoofing" - quickly placing and withdrawing buy and sell orders to manipulate gold prices.

Two ex-JPMorgan metals traders convicted of 'spoofing' gold prices

Stronger-than-expected Producer Price Inflation (PPI) data could be bearish for gold prices. Softer readings could provide some support.

Price of Gold Fundamental Daily Forecast – Hawkish Fed Officials' Comments Dampen Gold's Investment Appeal

Gold extended its losses after Fed Members Kashkari and Evans reaffirmed an aggressive path for interest rate hikes.

Gold Price Futures (GC) Technical Analysis – Forms Potentially Bearish Reversal Top on Rate Hike Fears

Gold prices finished slightly higher on Wednesday, above the $1,810 level, after U.S. consumer prices showed signs of slower gains in July. December gold GCZ22, +0.03% [s:gc00] rose $1.40, or about 0.1%, settling at $1,813.70 an ounce on Comex, after the surprisingly large retreat in the consumer price-index to a 8.5% annual rate from 9.1% a month ago.

Gold prices end modestly higher Wednesday after U.S. inflation surge shows signs of slowing

Gold markets have struggled to maintain momentum after the CPI reaction. Because of this, it looks like we are due for a pullback.

Gold Price Forecast – Gold Markets Struggle to Maintain Momentum

(Kitco News) - Gold prices are modestly down in early U.S. trading Wednesday, following a U.S. inflation report that came in not as hot as the marketplace expected.

Gold price weaker in choppy action after slightly tamer U.S. inflation data

(Kitco News) - Gold rallied after inflation in the U.S. cooled slightly in July, decelerating to 8.5% from a year earlier. But the key core metric remained unchanged.

Gold price jumps as U.S. inflation cools a bit but key core metric remains unchanged in July

If inflation comes in higher than expected then combined with the strong July labor market report, the odds of a supersized rate hike will go up.

News for Aberdeen Standard Gold ETF Trust ETF (SGOL)