GLTR News and Press, Aberdeen Standard Physical Precious Metals Basket Shares From 06/13/23

2023-06-13 10:55:00 ET Summary There will be times when both gold and the SPX are rising in US$ terms, but it should be possible to tell the one that is in a genuine bull market because it will be the one that is relatively strong. For at least a decade, we have been monitoring th...

2023-06-13 06:30:00 ET Summary The US recently experienced the highest price inflation in decades. Demand for physical bullion surged to record highs in response to that and the chaos in geopolitics. However, very little of that showed up in the price discovery at futures exchange...

2023-06-09 01:15:00 ET Summary We’re getting a nice pop in Gold and Silver today, but not so much in the miners. My concern is that Gold was neither extremely oversold nor positively divergent ahead of this rally. We didn’t get a positively divergent lower low ah...

2023-06-08 09:34:00 ET Summary Gold fell 0.9% in May, but saw gains in currencies outside of the US and Canada. Global gold ETFs added to holdings for the third month in a row, but these gains were offset by a fall in Managed Money net long futures positions. A possible Fed ra...

2023-06-08 02:00:00 ET Summary We're not quite through the first half of 2023, but just for fun, let's take a stab at what we might expect to occur in the second half, at least as it pertains to gold and silver prices. The central premise of this year's "macrocast" is that the yea...

2023-06-07 06:30:00 ET Summary The US is currently facing a massive debt liability and a rising interest rates environment, while the nations are actually about (and already beginning) to abandon the US dollar over the coming years. Interest rates are an indication of the value th...

2023-06-07 02:45:00 ET Summary Expectations the Federal Reserve is at the end of its tightening campaign have prompted a move lower in the dollar and real, or inflation-adjusted, rates. Falling real rates and a weaker dollar provide a supportive backdrop for gold. Gold has ten...

2023-06-06 00:08:00 ET Summary Managed Money net long positioning in gold dropped below 100k contracts, driving the price below $2000 an ounce. Despite recent price drops, gold and silver markets have not reached overbought situations, suggesting potential for future rallies. ...

2023-06-05 12:37:20 ET Summary Gold prices face a deteriorating outlook as short-term borrowing costs increase, keeping inflation expectations subdued and real bond yields elevated. Interest rate markets expect significant rate cuts over the next year, but strong job reports and r...

2023-06-03 01:40:00 ET Summary As expected, gold has turned in a fairly strong start to the month. It’s below April but is still early in the contract. Looking ahead to July shows gold slightly ahead of the average for the same time of the month. With the roll in the cu...