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

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Global X Silver Miners ETF

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iShares Silver Trust

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ProShares Ultra Gold

(Kitco News) - Precious metal analysts have been warning investors for a few weeks now that a sharp downtrend through the summer pushed gold and silver into oversold territory. Bearish sentiment in the marketplace is at its highest level in years, and both precious metals were ripe for a short squeeze.

Gold and silver need more than a short squeeze

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Aberdeen Standard Gold ETF Trust

(Kitco News) - The gold market remains at risk despite its sudden recovery above $1,700 an ounce this week. Analysts point to next week's inflation data as the deciding factor between bearish and bullish sentiment going into the year-end.

Gold price faces big risk as markets zero in on next week's inflation data

Gold futures settled lower on Friday, but notched a second straight weekly gain. A "stronger U.S. jobs report means talks about the [Federal Reserve] potentially pivoting [away from interest-rate hikes] have all but ended," said Fawad Razaqzada, market analyst at City Index and FOREX.com.

Gold futures settle lower for the session, but score back-to-back weekly gains

(Kitco News) - Gold's short-squeeze rally could have run its course as sentiment on Wall Street turns bearish with healthy U.S. labor market data solidifying market expectations that the Federal Reserve will continue to aggressively raise interest rates through the rest of the year and into 2023.

Can gold price hold $1,700 as Wall Street sees short squeeze running out of steam next week

Gold markets have rallied initially during the course of the week, but have given back a significant amount of gain by the time we close out the week.

Gold Weekly Price Forecast – Gold Markets Give Up Significant Gains

The gold market has pulled back from the 50-Day EMA which is a major technical indicator that a lot of people pay close attention to.

Gold Price Forecast – Gold Markets Pull Back From the 50-Day EMA

WTI oil rallied towards the $91 level. Copper made an attempt to settle below $3.40.

Gold Tests Support At $1690 As Treasury Yields Move Closer To Yearly Highs

The threat of nuclear weapons and rising geopolitical tension may help put a floor under precious metals.

Gold Prediction – Gold Prices Stabilize Over Growing Nuclear Threat

Gold, silver soften after September jobs report

(Kitco News) - Gold and silver prices are down in early U.S. trading Friday, in the wake of a U.S. jobs report for September that was not a big surprise to the marketplace, but did show good internals that do not strongly suggest the U.S. economy is headed for a recession.

Gold price sells off following upbeat U.S. jobs report

(Kitco News) - The gold market has dropped into negative territory, and tested support above $1,700 an ounce following stronger-than-expected labor market data.

Gold prices sees solid selling pressure as U.S. economy created 263K jobs in September

Yesterday's Unemployment Claims release has been higher than expected at 219,000. Today we will get the important U.S. monthly jobs data release at 8:30 a.m.

Daily Gold Update: Friday, October 7 – Gold Fluctuates Ahead of Monthly Jobs Data

Gold managed to settle below the key 50 EMA level.

Gold Slides As Dollar Moves Higher

(Kitco News) - The use of gold in institutional portfolios remains low. But most of those who already have exposure will either expand or keep existing allocations, according to the World Gold Council (WGC).

Institutional interest in gold is low but 'sticky' as investors navigate 'unchartered territory': WGC

Gold futures ended unchanged on Thursday as investors await cues from the monthly U.S. jobs report due Friday. Everyone will be "closely watching tomorrow's U.S. September nonfarm payrolls and its impact on the November Federal Reserve meeting," said Chintan Karnani, director of research at Insignia Consultants.

Gold futures end flat for the session ahead of monthly U.S. jobs report

Tomorrow the United States will publish a NFP report on the labor market that could have a very important impact on gold and the US dollar.

Last Chance for Gold and the USD

(Kitco News) - Gold prices are posting modest losses in midday U.S. trading Thursday. A strong rebound in the U.S. dollar index from early week lows is limiting buying interest in the precious metals markets today.

Strong greenback squelches precious metals bulls

(Kitco News) - Despite an impressive start to October, banks continue to downgrade their year-end gold price forecasts, with Commerzbank now slashing its estimate by another $100 due to rising Fed rate hike expectations.

Gold price gets another downgrade as Fed has another 175bps to hike, says Commerzbank

The gold market has done very little during the trading session on Thursday as we await the jobs number on Friday.

Gold Price Forecast – Gold Market Continues to Flirt With a Major Moving Average

(Kitco News) - The U.S. labor market remains volatile as more workers than expected applied first-time benefits last week, seeing a solid rise from the previous week's six-month low.

Gold price holding solid gains as U.S. weekly jobless claims rise by 29K

Gold and silver traded marginally higher on Thursday as the precious metals clung to most of their gains from a rally that had carried them to their highest prices in three weeks, and three months, respectively.

Gold, silver trade modestly higher as investors look to jobs report for potential boost

(Kitco News) - Gold and silver prices are posting mild gains in early U.S. trading Thursday. Some safe-haven demand is featured amid a general marketplace that sees somewhat elevated risk aversion.

Gold price slightly up as risk aversion creeping higher

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days.

Daily Gold Update: Thursday, October 6 – Gold Extends Short-Term Fluctuations

Gold is moving towards the resistance level at $1730.

Gold Settled Back Above The 50 EMA

(Kitco News) - Gold is building a foundation similar to the one established in 1999, and once that price base is established, the gold rally will resume, according to Bloomberg Intelligence.

News for Invesco DB Gold Fund ETF (DGL)