GLDM / Gold price a bit firmer as Powell, U.S. jobs report in focus

On July 26, the Federal Reserve unveiled an interest rate increase of 25 basis points while leaving room for another rate hike increase later this yea more_horizontal

(Kitco News) - The initial weekly jobless claims rose by 2,000 to 232,000 in the week to Saturday, surprising the markets with a smaller-than-expected more_horizontal

Janet Yellen's remarks had a more significant influence on gold prices, suggesting limited changes unless troubling economic data emerges. more_horizontal

Gold prices rose on Monday, building on last week's gains as expectations that the Federal Reserve has finished hiking interest rates have added anoth more_horizontal

With the SPDR Gold Shares (GLD) — the largest gold-backed exchange traded fund by assets — higher by 12.26% year-to-date, it's easy for investors more_horizontal

(Kitco News) - The gold market reversed gains and fell below $2,000 an ounce after data showed the U.S. manufacturing sector contracting for the sixth more_horizontal

(Kitco News) - The gold market has been unable to hold support around $2,000 an ounce with stronger than expected manufacturing and service sector dat more_horizontal

Gold markets have done very little during the trading session on Tuesday, as we continue to hover above a short-term trendline. more_horizontal