GLD News and Press, SPDR Gold Trust From 07/11/24

2024-07-11 11:30:00 ET Summary Newmont Corporation investors are enjoying a remarkable revival. Fed Chair Jerome Powell didn't rock the boat in his recent congressional testimony. It has set the stage for Newmont's continued turnaround, as inflation and supply chain headwinds ...

2024-07-11 11:15:07 ET More on gold and gold miners Gold ETF Flows: June 2024 Can Gold Prices Surpass $2,400/oz? (Technical Analysis) The Economic Cycle And The Commodity/Gold Ratio Read the full article on Seeking Alpha For further details see: G...

2024-07-11 06:17:11 ET Read the full article on Seeking Alpha For further details see: Commodity Roundup: ANZ sees lithium at 16k–18k/t by 2025; gold gains for third day

2024-07-10 17:55:26 ET More on gold and gold miners Gold ETF Flows: June 2024 Can Gold Prices Surpass $2,400/Oz? (Technical Analysis) The Economic Cycle And The Commodity/Gold Ratio Read the full article on Seeking Alpha For further details see: G...

2024-07-10 06:10:47 ET "Hurricane Beryl blowing over seems to be the biggest driver for the time being and an opportunity for traders to lock in some profits after a bullish run over the last two weeks," DBS Bank's energy sector team lead Suvro Sarkar told Reuters. Read the full artic...

2024-07-10 04:15:00 ET Summary Gold prices are supported by rate cut expectations and central bank buying. Gold ETFs see positive flows, suggesting bullish momentum. Fed Chair Powell’s testimony may cause short-term volatility but no direction. By Zain Vawda...

2024-07-10 03:50:00 ET Summary In our opinion, it’s not the case that the US economy has avoided a recession, but rather that the current cycle has been elongated. We use the commodity/gold ratio (the Spot Commodity Index (GNX) divided by the US$ gold price) to define booms...

2024-07-09 10:05:00 ET Summary Recent rebound in WTI crude has remained below US$90/barrel, which in turn led to a softening of inflationary expectations via the breakeven rates. A further downward drift in the 10-year US breakeven rate may cause a further drop in the 10-year US T...

2024-07-09 09:30:00 ET Summary It has been surprising to look back since the start of 2024. Most Wall Street pros were conservative and projected we might see a 10-15% total return for all of 2024. Retail investors have been putting their investable assets into the market, with re...

2024-07-09 06:02:47 ET The estimated value of open interest across global commodity markets surged to a six-week-high, up by 2.6% week-on-week to ~$1.45 trillion as of July 5, primarily led by price-based gains across metals and grain and the oil seed markets, JPM Commodities Rese...