Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another. Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a ...

CONCLUDED Stock Market News From Nov. 4, 2025: Nasdaq Falls as Big Tech Leads Market Lower Gold Slips Below $4,000/oz as Analysts Call Downturn 'Correction' By Kirk Maltais, Dow Jones Newswires Gold futures fall further below the $4,000 per troy ounce mark, with some analysts calling the lower trend a "correction." "I'd consider this an intermission but also recognize that the correction could grow deeper over the near-term," says John Caruso of RJO Futures in a note. But Caruso stresses that further uptick ...

By Kirk Maltais, Dow Jones Newswires Gold futures are up 0.7% after falling nearly 8% from a record high of $4,359.40 per troy ounce set on Oct. 20, according to data from FactSet. "The tone during this time has shifted from exuberance to reflection," says Ole Hansen of Saxo Bank in a note. CONCLUDED Stock Market News for Monday, Nov. 3, 2025: Tech Stocks Fuel Nasdaq, S&P 500 to Gains Last Updated: 4 hours ago Gold Starts Week Higher Memberships Subscribe to Barron's Tools Customer Service Customer Center N ...

Gold (GC=F) futures opened at $3,939.50 per ounce on Wednesday, down 0.5% from Tuesday’s close of $3,960.50. This is gold’s lowest open since Oct. 28. The price of gold has remained in a narrow range near $4,000 since pulling back from all-time highs about two weeks ago. The factors contributing to gold’s rise above $4,300 included economic uncertainty related to tariffs, the government shutdown, a weakening dollar, and a trade war with China. While tariffs and their impact remain a question mark and th ...

Core Insights - Gold futures opened at $4,001 per ounce, reflecting a 0.5% increase from the previous close of $3,982.20, with prices fluctuating between $3,910 and $4,040 since October 28 [1][4] Group 1: Tax Policy Changes - China has revised its gold tax policy, reducing the offset for a 13% value-added tax to 6% for certain retailers, particularly affecting jewelry retailers not part of the exchanges [2] - Following the announcement of the tax change, share prices for Chinese jewelry stocks experienced a decline [2] Group 2: Market Predictions - Analysts predict that the tax change may lead to increased retail prices for gold jewelry in China and potentially globally [3] Group 3: Price Trends - The price of gold futures has increased by 50.5% compared to one year ago, with a weekly change of -1.5% and a monthly increase of 3.8% [4][9]

Group 1: Gold Price Movement - Gold futures opened at $3,967.20 per ounce, nearly flat with Tuesday's close of $3,966.20, and moved above $4,000 in early trading [1] - The price of gold has changed as follows: one week ago: -3.5%, one month ago: +5.7%, one year ago: +43.3% [7] Group 2: Federal Reserve Interest Rate Expectations - The Federal Reserve is expected to lower interest rates by 25 basis points, with a 99.9% probability that the target federal funds rate will drop to a range of 375 to 400 basis points from the current 400 to 425 [1][2] - Limited data due to the government shutdown has made it challenging for the policymaking committee to evaluate economic risks [2] Group 3: Impact of Interest Rates on Gold Demand - Falling interest rates typically increase demand for gold by making cash and other interest-bearing assets less appealing [3] Group 4: Investment Options in Gold - Common ways to invest in gold include physical gold, gold mining stocks, gold ETFs, and gold futures [8] - Each investment option has its own pros and cons, affecting investor decisions [5][6][11][14][18][19][20]

Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...

Core Insights - Gold investors took profits, leading to a decline in gold's value, with a notable drop of 5.7% on October 21 [1][2] - The opening price of gold futures on Wednesday was $4,137 per ounce, reflecting a 1.2% increase from Tuesday's close [1][4] - Gold's price has shown significant growth over the past month and year, with a 12.2% increase from $3,688.20 on September 22 and a 51.4% increase from $2,731.70 on October 22, 2024 [4] Market Influences - Factors such as the government shutdown, new tariff announcements, and ongoing U.S.-China trade tensions have contributed to gold's price fluctuations since mid-August [2] - The government shutdown has paused the weekly Commitments of Traders reporting, potentially leading to overbought positions among gold investors prior to the recent selloff [2] Investment Options - Various methods to invest in gold include physical gold, gold mining stocks, gold ETFs, and gold futures [6][9] - Each investment option has its own advantages and disadvantages, impacting investor decisions [10][11][14][18] Price Trends - The current price of gold reflects a slight decrease from the previous week's opening price of $4,145, indicating market volatility [4] - The price of gold has been on a steady upward trajectory, with significant increases noted over both the past month and year [4][18]

Gold futures (GC=F) eased on Friday but notched their biggest weekly gain since 2020 in a stunning rally. The precious metal declined more than 1% to near $4,260 after hitting an intraday high north of $4,380 earlier in the session. Gold gained 7% over the past week as prices went "parabolic in a perfect storm for the yellow metal," Kyle Rodda, senior financial market analyst for capital.com, said in a Thursday night note. Read more: Thinking of buying gold? Here's what investors should watch for. Trad ...

Core Insights - Gold futures experienced a significant rally, poised for their largest weekly gain since 2020, despite a slight decline on Friday [1][2] - The precious metal has surged nearly 8% over the past week, driven by various market factors [2][3] - Year-to-date, gold prices have increased approximately 59%, influenced by strong central bank purchases, a weaker dollar, and anticipated rate cuts [4] Market Dynamics - Trade tensions between the US and China, expectations of a Federal Reserve rate cut, and concerns over regional bank stability have collectively contributed to a 7% increase in gold prices over the past week [3][7] - Gold is currently viewed as a crowded trade, with 39% of fund managers indicating minimal allocation to gold, while a significant portion holds small allocations [5] Future Projections - Analysts from BofA have reiterated a bullish stance on gold, predicting a peak price of $6,000 per ounce by mid-2026 [6] - Goldman Sachs has raised its gold price forecast to $4,900 per troy ounce by the end of next year, up from $4,300 [6] - JPMorgan analysts project that gold could reach $6,000 per ounce by 2029 [6]