IAUM News and Press, iShares Gold Trust Micro From 03/26/24

2024-03-26 08:45:00 ET Summary Today, the demand for gold, the amount of gold in the central bank reserves, the value of the U.S. dollar, and the desire to hold gold as a hedge against inflation and currency devaluation all help drive the price of the precious metal. Gold prices b...

2024-03-26 07:05:00 ET Summary We consider gold bullion and the S&P500 Index to be effectively at opposite ends of an investment seesaw. In the middle of last year, we thought that the low-$3000s for the US$ gold price was a plausible target for the first half of this year. ...

2024-03-26 04:12:47 ET Summary Gold has surged to fresh all-time highs above $2,200 an ounce, adding around 10% to its value since mid-February. The Federal Reserve's signal of potential rate cuts has increased the attractiveness of non-interest-bearing gold. Central bank dema...

2024-03-25 13:40:00 ET Summary Just like gold, the price of Silver is overwhelmingly dominated by Managed Money positioning. No matter how you slice it though, the short-term moves in gold and silver are clearly driven by the futures traders. Over the long term though, the slo...

2024-03-24 13:00:41 ET Summary Gold prices fluctuated throughout the week, reaching new highs of over $2200 per ounce. The Federal Reserve did not change interest rates, but hinted at potential future cuts. The uncertainty surrounding the economy led to increased interest in g...

2024-03-23 01:40:00 ET Summary The Bank of Japan’s historic move to end the country’s negative interest rate policy after nearly two decades triggered a jolt upward to new all-time highs for gold against the yen. The BoJ announced it will now hold short-term rates at...

2024-03-22 08:00:00 ET Summary March is a minor delivery month in gold; delivery amount was middle of the pack, but there is more going on underneath the surface. Net new contracts have been driving higher delivery volumes for a lot of the recent months. Silver delivery has be...

2024-03-22 04:12:38 ET Summary Gold spot prices have surpassed the previous all-time record of $2194/oz set on March 8th, and are currently trading at $2203/oz at the time of writing. Gold prices are currently indicating a bullish pattern where gold prices rise while the Federal R...

2024-03-21 13:20:00 ET Summary Costs for mining stocks are still elevated, but pressures are easing. This may help mining stocks catchup to the rise in gold prices. Fundamentals for copper and uranium also looking positive. While costs in the mining sector ar...

2024-03-19 01:16:20 ET Summary US stocks are reaching record highs while wealth inequality continues to rise, highlighting the flaws in the fiat monetary system. Seasonality favors an uptrend in gold till early May. The uptrend in gold prices will likely continue till year-end...