Spot gold hits session high near $4,080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease
The gold market is trading at session highs after the latest data showed consumer sentiment in the U.S. improving, with both shorter and longer-term inflation expectations easing.The University of Michigan announced on Friday that the final reading of its Consumer Sentiment survey for June was 49.5. The data was slightly better than expectations, as the consensus forecast of economists called for a reading of 50.
Gold Price Analysis – Gold Attempting to Bounce from $4000 Region
The gold market has been bouncing over the last 24 hours, as we continue to look at the crucial $4000 level as a potential floor in the market. Can it hold?
Robert Kiyosaki admits he was wrong about Gold
On June 25, the prominent investor and best-selling personal finance writer Robert Kiyosaki took to X to retract his previous doubts in Gold's future and announce he would be purchasing more of the commodity.
Gold Declines; Prices Could Have Further to Fall
Gold fell in the early Asian session. While the market expects gold prices to rebound after falling to $4,000 a troy ounce, Capital Economics reckoned the precious metal still has further to fall over the next 18 months.
Gold is going lower, but DeCarley Trading's Garner sees one potential trade to play this summer
Gold continues to hold support around $4,000 an ounce, but according to one market strategist, it's only a matter of time before the precious metal heads lower as it faces challenging headwinds from a stronger U.S. dollar.
Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk - Kitco PM Report
Spot gold and silver prices are firmer late Thursday as lower Treasury yields and a softer U.S. dollar helped metals rebound from Wednesday's selloff while traders reassessed U.S.-Iran risk in the Strait of Hormuz.
Gold (XAU/USD) Price Forecast: Trendline Failure Signals Deeper Downside Risk
Gold extends its bearish structure after breaking key trendline support, with consolidation below resistance levels signaling continued downside risk toward deeper Fibonacci extension targets.
Gold price could struggle through 2026 as it loses safe-haven status to US bonds - BI's McGlone
The bond market has been a significant headwind for the gold market as inflation fears have pushed yields higher in recent weeks, raising the opportunity cost of holding the non-yielding asset.
Gold steadies above $4,000 as Fed hike odds reset markets - Kitco AM Report
Spot gold prices are firmer and spot silver prices are also higher in early U.S. trading Thursday, with bargain hunting emerging after a four-session selloff while the dollar remains near a one-year high and Treasury yields hold near the 4.4% area.
Gold clings to $4,000/oz after U.S. durable goods drop -4.5% in May
The gold market is hovering around $4,000 per ounce after the latest economic data showed sales of durable goods last month met expectations.The Commerce Department announced Thursday that U.S. durable goods orders fell -4.5% in May, following April's unrevised increase of 7.9%. The data was in line with expectations, as the consensus view of economists called for an decrease of -4.5%.
Spot gold shoots back above $4,000/oz after U.S. weekly jobless claims dip to 215k
Gold prices briefly rose back above $4,000 on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists' forecasts.
Gold prices struggling as U.S. economy remains resilient and inflation fears cool
Further resilience in the U.S. economy and muted inflation pressures are pulling gold prices lower, with the precious metal continuing to struggle around $4,000 an ounce.
