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Category Gold (XAU) News

JPMorgan’s Q4 Gold Target Was Just Crossed: Is $5,000 Next?

JPMorgan’s Q4 Gold Target Was Just Crossed: Is $5,000 Next?

In Brief Spot gold touched $4,525 after Treasury doubled its long-bond buyback size. JPMorgan's Q4 target of $4,500 is already crossed. Fed rate o...
Gold Options Traders Chase More Upside After 8% August Gain

Gold Options Traders Chase More Upside After 8% August Gain

In Brief Susquehanna says options traders are paying up for gold upside participation. Skew has flipped from downside puts toward upside calls sin...
Why the Dollar Hit a 3-Month Low and Bitcoin Only Moved 0.7%

Why the Dollar Hit a 3-Month Low and Bitcoin Only Moved 0.7%

In Brief US payrolls fell 23,000 in July, and the dollar slid to a 3-month low. Gold gained 9.3% in a month. Bitcoin lost 0.8%. The Fed's July vot...
Bank of Korea Breaks 13-Year Streak With Gold ETF Purchase

Bank of Korea Breaks 13-Year Streak With Gold ETF Purchase

In Brief Bank of Korea held $250 million in gold ETF shares at June end. The stake is the central bank's first gold-linked investment since 2013. ...
Gold Price Climbed After July Inflation Data, But Bitcoin Didn’t. Why?

Gold Price Climbed After July Inflation Data, But Bitcoin Didn’t. Why?

In Brief CryptoQuant says Bitcoin is forming a macro bottom, but capitulation is incomplete. Fed pause odds hit 61.9% after July CPI cooled to 3.4...