Invesco DB Gold Fund

DGL tracks an index of gold futures contracts. To minimize contango, it optimizes its contract selection based on the shape of the futures curve.

Goldman Sachs Physical Gold ETF

DB Gold Double Long ETN

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

iShares Gold Strategy ETF

VanEck Merk Gold Trust

ProShares Ultra Gold

(Kitco News) - We have mentioned a few times in this weekly note that although gold is stuck, there are worse places to be than within striking distance of $2,000 an ounce.

Is gold on the cusp of a Santa Claus rally?

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Aberdeen Standard Gold ETF Trust

(Kitco News) - Gold breached $2,000 per ounce multiple times this week, and prices hovered around that level Friday afternoon as U.S. traders roused themselves from their tryptophan-induced Thanksgiving torpor and returned to metals markets.

Wall Street analysts share retail investors' bullish sentiment on gold prices

While the bullish pennant is a promising pattern, caution prevails until its trigger, keeping gold susceptible to short-term downside risks.

Navigating Gold's Bullish Path: A Breakout on the Horizon

(Kitco News) - The gold market has managed to reclaim the $2,000 level as it looks to end its second consecutive week in positive territory.

Gold needs to break above $2,010 for prices to have a chance at ATHs

U.S. dollar's weakness provides support to precious metals.

Gold, Silver, Platinum Forecasts – Gold Tests The Key $2000 Level

Gold markets have initially pulled back just a bit during the course of the trading week, only to show signs of strength again.

Gold Weekly Price Forecast – Gold Markets Continue to Threaten Resistance

Allied Gold completed its public listing and raised capital for an aggressive growth strategy. Strong management and board ownership, with CEO owning approximately 5.7% of shares. Plans to improve efficiency and financial performance of current mines, with potential for significant increase in gold production by 2029.

Allied Gold: Undervalued Gold Producer If Management Executes On 2026 Growth Plan

Gold markets rallied a bit during the trading session on Friday, but still sees quite a bit of resistance above.

Gold Price Forecast – Gold Markets Attempt To Break Out

Composite PMI remained unchanged as service providers enjoyed a fractional uptick in the rate of output growth.

Manufacturing PMI Slips Into Contraction Territory

(Kitco News) - Gold prices are holding near session highs above $2,000 an ounce as preliminary indicators points to a further contraction within the manufacturing sector and neutral activity in the service sector.

Gold prices holding above $2,000 as U.S. flash PMI provides muddled economic outlook

(Kitco News) - Gold prices are modestly higher and just below $2,000 in subdued early U.S. trading Friday. Silver prices are posting slight gains. Some chart-based buying is featured to end the trading week, as the technical postures for both metals lean bullish.

Modest price gains for gold in quiet, post-holiday session

(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.

Gold market analysis for November 24 - key intra-day price entry levels for active traders

Gold's current market position, bolstered by central bank investments, reflects its status as a hedge against inflation amidst global economic uncertainty.

Gold, Silver, Copper Analysis: Navigating Through Global Economic Developments and Monetary Strategies

Gold (XAU/USD) steadies for weekly gain, influenced by a soft dollar, cautious Fed stance, and mildly bullish near-term outlook.

Gold Prices Forecast: XAU/USD Underpinned by Weak Dollar, Capped by Firm Yields

In the midst of consolidation, gold's short-term fate hangs on a delicate balance.

Navigating Gold's Path: Breakout Indicators and Critical Price Levels

(Kitco News) - According to the Ministry of Energy and Mines of Peru (MINEM), gold production in Peru, the world's tenth largest gold producing country, was 8,908 kg (286 koz) in September 2023, up 13% compared to 7,888 kg (254 koz) mined in September 2022.

Peru's gold production surges 13% in September - report

Platinum pulled back below $920 amid profit-taking.

Gold, Silver, Platinum Forecasts – Gold Remains Stuck Below $2000

(Kitco News) - Although gold remains stuck below $2,000 an ounce, some analysts remain optimistic that all-time highs are an achievable target by year-end or into the new year.

Gold prices below $2,000, but seasonals remain favorable

Gold markets have initially tried to rally during the holiday session on Thursday but continue to find the same barrier just above to cause problems.

Gold Price Forecast – Gold Markets Continue To See Same Barrier In Thin Trading

Gold (XAU/USD) nears $2,000 as a weak dollar, cooling economy, and Fed rate cut outlook boost its value.

Gold Prices Forecast: Soft Dollar, Lower Yields Propel XAU/USD Towards $2,000

United States Copper Index Fund

iPath Bloomberg Copper Subindex Total Return ETN

The Copper/Gold ratio has been indicating a counter-cyclical environment since June 2022. Copper is cyclical and inflation sensitive, while gold is counter-cyclical and a "liquidity haven.

Copper/Gold Ratio: Still Counter-Cyclical

(Kitco News) - As mainstream, leading financial institutions like Goldman Sachs downplay the likelihood of a U.S. recession in 2024, Tavi Costa, Partner and Macro Strategist at Crescat Capital, warns of a starkly different outlook.

Neglected gold trade: Why wealth advisors, hedge funds & investors are about to flock to gold in a major way - Tavi Costa

As gold takes a breath in its journey, eyes are on 2,009 resistance. Short-term dips may offer strategic entry points for investors eyeing record highs.

Deciphering Gold's Charts: Signals Point to Upward Momentum

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

(Kitco News) - South America-focused precious metals producer Hochschild (LSE: HOC) (OTCQX: HCHDF) announced today that its newly focused precious metal business is forecast to deliver both production growth and cost reductions over the next few years.

Silver and gold miner Hochschild expects higher production and lower costs from 2024

Gold prices are headed for all-time highs, according to Fundstrat's Mark Newton. A move above $2,009.41 per ounce should lead to the $2,060-$2,080 range, he said in a note.

News for Invesco DB Gold Fund ETF (DGL)