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For investors seeking momentum, GraniteShares Gold Trust BAR is probably on the radar. The fund just hit a 52-week high and moved up 42% from its 52-week low of $17.95 per share.
Gold ETFs are hovering around a 52-week high due to a softening U.S. dollar amid Fed rate cut expectations.
EMERYVILLE, Calif. , June 13, 2024 /PRNewswire/ -- CLIF BAR today announced the 2024 line-up for the CLIF CORPS' Athlete Coalition featuring several of its world-renowned athlete partners—including WNBA MVP Breanna "Stewie'' Stewart, top-ranked tennis pro Frances Tiafoe, NWSL soccer star Sophia Smith and Paralympian and Marathon Champion Daniel Romanchuk.
Aided by strong performance in the first four-plus months of the year, advisors are looking more closely at commodities. We believe most client portfolios remain dominated by equities and fixed income.
This 5-minute bar chart for Comex gold futures is a useful tool for active intra-day traders, providing key short-term technical support and resistance levels for potential buy and sell entry points.
Kitco Commentary reported that at 5:15 PM ET, gold futures for the most active June 2024 contract dropped by $32 to settle at $2,343. The decrease in price today closed the gap between last Thursday's closing price and Friday's opening price.
The Bloomberg Commodity Index, a widely viewed measure of broad commodities prices, rose to its highest level since November driven by higher prices for oil, gold, and cocoa.
(Kitco News) - As gold set another record high, Canadian mining legends Frank Giustra, CEO of Fiore Group, and Pierre Lassonde, Chairman Emeritus at Franco-Nevada, say the West has lost its power to set the price of gold. Giustra and Lassonde also warn that in the new geopolitical reality of resource nationalism, Canada is failing its economy and citizens.
(Kitco News) - The U.S. labor market continues to stabilize as the number of workers applying for first-time unemployment benefits remains roughly unchanged for the fourth consecutive week.
(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. The 5-minute bar chart for the active gold futures contract shows key short-term moving averages (10- and 20-period), which the trader can use for crossover buy and sell signals.
FAQ
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