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GLDM / U.S. new home beat expectations in January, gold price edges up from daily lows

U.S. new home beat expectations in January, gold price edges up from daily lows
(Kitco News) - Gold ticked up as the U.S. new home sales surprised on the upside in January with a jump of 7.2%. The prior month's number was also revised higher. Read More
Posted: Feb 24 2023, 10:05
Author Name: Kitco
Views: 111431

GLDM News  

Gold ETFs: Waiting on 2024 Rate Cuts

By ETF Trends
July 31, 2023

Gold ETFs: Waiting on 2024 Rate Cuts

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

U.S. weekly jobless claims rise by 2,000 to 232,000, gold price ticks up

By Kitco
June 1, 2023

U.S. weekly jobless claims rise by 2,000 to 232,000, gold price ticks up

(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

Gold Price Forecast: XAU Surges 1% on Banking Sector Concerns, Powell's Remarks

By FXEmpire
May 21, 2023

Gold Price Forecast: XAU Surges 1% on Banking Sector Concerns, Powell's Remarks

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

Gold prices climb, building on last week's advance

By Market Watch
May 8, 2023

Gold prices climb, building on last week's advance

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

Go for Gold in Search of Diversification, Risk Reduction

By ETF Trends
May 5, 2023

Go for Gold in Search of Diversification, Risk Reduction

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

Gold price drops below $2,000 as U.S. manufacturing sector contracts for sixth month in a row

By Kitco
May 1, 2023

Gold price drops below $2,000 as U.S. manufacturing sector contracts for sixth month in a row

(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

Gold prices drop below $2,000 an ounce as U.S. Flash PMI data rises more than Expected in April

By Kitco
April 21, 2023

Gold prices drop below $2,000 an ounce as U.S. Flash PMI data rises more than Expected in April

(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 Price Forecast – Gold Continues to Hover

By FXEmpire
April 18, 2023

Gold Price Forecast – Gold Continues to Hover

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


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