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 holding support at $1,700 as U.S. consumers appear to be on solid footing, buying more than expected in June.

Gold price holding support as U.S. retail sales rise 1% in June

Gold is 0.2% lower this morning, as it is trading within an intraday consolidation. What about the other precious metals?

Daily Gold News: Friday, July 15 – Gold Fluctuates Along $1,700 Price Level

Gold futures fell on Thursday to their lowest finish in more than 15 months, pressured as the U.S. dollar continued to strengthen. Gold and silver are unlikely to make solid bottoms and are even less likely to recover aggressively until the trade has reason to believe planned Federal Reserve rate hikes will "not need to be adjusted even higher and following views that a recession can be avoided," analysts at Zaner wrote in Thursday's newsletter.

Gold futures settle at a more than 15-month low

(Kitco News) - The gold market tumbled $40 Thursday and briefly fell below the $1,700 an ounce level as markets began to price in an oversized 100-basis-point rate hike from the Federal Reserve at the July meeting.

Gold price hammered, analysts warn of capitulation event if price drops below pre-pandemic levels

Gold markets are currently dancing around the $1700 level, and therefore it's likely to continue to see a lot of noisy behavior.

Gold Price Forecast – Gold Markets Continue to Threaten a Major Breakdown

It's a tough day to hold gold stocks as investors consider how the Federal Reserve might respond to a red-hot CPI print. The post Gold Stocks GOLD, KGC, FNV Drop as Gold Prices Plunge appeared first on InvestorPlace.

Gold Stocks GOLD, KGC, FNV Drop as Gold Prices Plunge

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 prices are solidly down and hit an 11-month low in early U.S. trading Thursday, while silver prices are also sharply lower and notched a two-year low overnight.

Gold, silver see strong price declines amid another hot U.S. inflation report

(Kitco News) - Gold prices are holding support above $1,700 an ounce but continue to struggle as producer inflation pressures continue to rise, pointing to further pain for consumers.

Gold price holding support above $1,700 but remains down as U.S. PPI rises 11.3% in June

Gold prices slumped on Thursday, reversing a gain from the prior session, as the shiny metal headed toward fresh nine-month lows. Silver and platinum hit fresh 2-year lows as strong U.S. dollar weighed on metals prices.

Gold prices slide as U.S. dollar soars

Gold is 1.4% lower this morning, as it is trading slightly above the $1,700 level. What about the other precious metals?

Daily Gold News: Thursday, July 14 – Gold Price is Closer to the $1,700 Level

Based on the inflation data, some traders now see a 75-bp rate hike as “dovish” when compared to the possibility of a 100-bp rate hike.

Price of Gold Fundamental Daily Forecast – Red-Hot Producer Inflation Will Solidify 100 bp Rate Hike Chances

Gold markets plunged at one point during the trading session on Wednesday but have found the $1700 level as crucial support.

Gold Price Forecast – Gold Markets Looking to Bounce

(Kitco News) - Gold prices are solidly down and hit an 8.5-month low in early U.S. trading at mid-week, following a U.S. inflation report that ran very hot, suggesting the Federal Reserve will keep its aggressive stance on tightening U.S. monetary policy.

Gold price sells off as U.S. CPI runs very hot

(Kitco News) - The gold market remains under pressure as inflation, falling to session lows after inflation pressures rose more than expected in June.

Gold price falls to session lows as U.S. CPI rises 9.1% in June

Gold is 0.3% lower this morning, as it is still trading along the $1,730 level. What about the other precious metals?

Daily Gold News: Wednesday, July 13 – Gold Price Fluctuates Ahead of U.S. Inflation Data

Unless the headline CPI data comes in above 9.0%, we could be looking at a sell the rumor, buy the fact situation.

Price of Gold Fundamental Daily Forecast – Headline CPI Over 9% Could Trigger Steep Break

(Kitco News) - The U.S. dollar's unrelenting momentum continues to wreak havoc within commodity markets, and while gold prices have outperformed other assets, it has not been immune to the strong greenback.

U.S. dollar marches close to parity with euro, hitting 20-year high, and that is not good for gold price

(Kitco News) - The strong U.S. dollar has been hurting gold's price, dragging the precious metal down to 8.5-month lows as it steals its safe-haven appeal. But this is not a game-changer for gold, which can still end the year above $2,000 an ounce, according to Wells Fargo.

Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo

Amid more tightening by the Federal Reserve that's pushing up the dollar into the stratosphere, gold prices have been languishing. However, a short-term bounce could be ahead, giving traders a potential opportunity.

Gold Could See a Short-Term Correction Coming

The price action suggests traders are a little tentative ahead of economic releases covering consumer price inflation and others.

Price of Gold Fundamental Daily Forecast – Strong Greenback Weighing on Demand for Dollar-Denominated Bullion

(Kitco News) - The gold market continues to struggle following last week's major selloff, and one firm warned investors that there is still more downside potential for the precious metal.

Gold price has another 4% to fall by year end – Capital Economics

(Kitco News) - Sentiment in the gold market has rapidly deteriorated as hedge funds have increased their bearish bets in the marketplace bringing speculative positioning close to neutral.

Gold bears are overwhelming the market place and price action

Gold futures declined on Monday, following back-to-back session gains, to settle at their lowest in over nine months. Prices for the precious metal fell as "recession jitters" continue to send the U.S. dollar higher, said Edward Moya, senior market analyst at OANDA.

Gold futures mark their lowest settlement in more than 9 months

Gold markets have gone back and forth on Monday to show signs of hesitation after selling out. Ultimately, the market is likely to continue to see noisy behavior.

Gold Price Forecast – Gold Markets Have a Quiet Open for the Week

(Kitco News) - Gold and silver prices are weaker in early U.S. trading Monday, amid bearish daily outside market forces—a sharply higher U.S. dollar index and lower crude oil prices. August gold futures were last down $8.20 at $1,734.00.

News for Aberdeen Standard Gold ETF Trust ETF (SGOL)