Now is the time to buy gold; BCA sees bullish opportunity as real yields peak
Gold's recent correction has likely run its course as the key macro headwinds that pressured the precious metal are beginning to fade, according to one Canadian research firm, which argues that real interest rates have likely peaked and the U.S. dollar will eventually turn from a headwind into a tailwind for bullion.
Gold market sees positive ETF inflows in July, ending two months of outflows
The gold market has seen a solid breakout, with prices pushing back above $4,200. However, signs of renewed investor interest began to emerge in July as investors slowly returned to gold-backed exchange-traded funds, according to the latest data from the World Gold Council.
BNP Paribas Sees Gold Hitting $5,000 as Trump's Pressure on the Fed Weakens the Dollar
Gold pushed to its highest level since February, and BNP Paribas Wealth Management is telling clients the rally has room to run.
Gold prices trading near session highs as ISM Services PMI increases 54.1
The gold market is holding near session highs above $4,200 an ounce as the U.S. service sector loses momentum, driving fears of a potential economic slowdown that could force the Federal Reserve to abandon its tightening bias.
Gold price holding above $4,200 as U.S. jobless claims remain below 200k
Although gold prices have retreated from their overnight high above $4,300 an ounce, the market is holding solid support above $4,200 an ounce even as the U.S. labor market continues to show resilience, with the number of Americans filing first-time unemployment claims remaining below a key level.
Gold Gains as Markets Track Mideast Developments, Rethink Rate Views
Gold advanced in early Asian trade after gaining overnight on a softer dollar and lower Treasury yields.
Gold's rally has further to run as debt, de-dollarization fuel secular bull market: Gabelli's Mancini
Gold is attracting renewed investor interest as prices climbed above $4,250 an ounce on Wednesday, marking a seven-week high. While the precious metal still faces short-term headwinds from monetary policy uncertainty, one fund manager argues that the powerful forces underpinning gold's secular bull market remain firmly in place.
Gold's breakout was the buy signal, but no new record this year, analyst says
Florian Grummes has raised his invested position from 50% to 80%. He is buying juniors, not producers.
Gold News: XAUUSD Price Soars as Iran Talks Cut Oil and Rate-Hike Odds
Gold price surges 4% as Iran deal hopes, lower yields and a weak dollar fuel a breakout above the 50-day moving average.
Gold Rises as Markets Weigh Middle East Uncertainty
Gold rose in early Asian trade. Markets continue to weigh the conflicting rhetoric between the U.S. and Iran.
Gold can recover despite higher real yields as rate pressures ease, says Jefferies
Gold prices have been chained to $4,000 an ounce as persistent inflation forces markets to price in rate hikes, raising the opportunity cost of holding a non-yielding asset.
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Oil Prices Drop
The weaker-than-expected JOLTs Job Openings report provided additional support to gold markets.
