If long-term bond yields — or equivalently, the iShares fund price — make a sharp move in either direction, potential gains can be substantial, potentially multiples of the initial investment. There's finally some volatility returning to the stock market, with the Cboe Volatility Index spiking above 20 for the first time since June. Bond volatility has also ticked higher, but it remains relatively subdued. For investors anticipating increased volatility in longer-dated bonds, a long straddle in the iShares ...

Key Points Gold has climbed by a whopping 53% so far in 2025, crushing the major U.S. stock market indexes. Investors are using gold to hedge against soaring government debt, which could lead to a dramatic increase in money supply. Buying the SPDR Gold Trust could be the simplest way for investors to participate in gold's upside. 10 stocks we like better than SPDR Gold Trust › Stock market investors are having a pretty good year because the S&P 500 (SNPINDEX: ^GSPC) is up 15% so far, and the tech ...

BIRMINGHAM, ENGLAND - DECEMBER 13: A jewellery quarter gold dealer poses with three 1kg gold bullion bars on December 13, 2023 in Birmingham, England. Gold prices have increased since the Ukraine War but have soared to record highs since the start of the Hamas-Israel war. Other factors are the weakening US dollar and expected rate cuts from the Federal Reserve. (Photo by Christopher Furlong/Getty Images)Getty ImagesThe price of gold has risen 49% in 2025 – passing $4,000 a troy ounce for the first time thi ...

To gain an edge, this is what you need to know today.Gold Over DollarPlease click here for an enlarged chart of SPDR Gold Trust (NYSE:GLD).Note the following:The chart is a monthly chart to give you a long term perspective.The chart shows gold has now reached zone 1 (resistance).As of this writing, gold futures are trading at $4007.RSI on the chart shows gold is very overbought and vulnerable to a pullback.The momo crowd is super excited.  The talk of gold at $5000 next year is taking center stage.Foreigner ...

To gain an edge, this is what you need to know today.Hedge America TradePlease click here for an enlarged chart of SPDR Gold Trust (NYSE:GLD).Note the following:The chart of GLD is a monthly chart to give you a long term picture.The chart shows a parabolic move up in gold.The chart shows resistance is at zone 1.  Zone 1 is also the magnet for traders.Gold is moving up again on the government shutdown.In our analysis, gold has become the quintessential hedge America trade.  Foreigners do not want to buy U.S. ...

To gain an edge, this is what you need to know today.Gold SoarsPlease click here for an enlarged chart of SPDR Gold Trust (NYSE: GLD).Note the following:The chart shows gold is soaring to a new high.The chart shows zone 1 (resistance) is the magnet.The chart shows zone 2 (support) is not far below.RSI on the chart shows gold is overbought and vulnerable to a pullback.  More importantly, RSI is showing a divergence.  A divergence often foretells a pullback unless there is macro news.Prudent investors should ...

Group 1 - International gold prices surged to a historic high, with December 2025 gold futures rising by $61.8 to $3781.2 per ounce, marking a 1.66% increase [1] - The SPDR Gold Trust's gold holdings exceeded 1000 tons for the first time since August 2022, indicating strong investment demand [2] - Silver prices also reached a fourteen-year high, with December silver futures increasing by $0.95 to $44.315 per ounce, reflecting a 2.19% rise [3] Group 2 - Market confidence in further interest rate cuts by the Federal Reserve remains high, despite cautious statements from officials regarding inflation and rate adjustments [1] - Ongoing geopolitical uncertainties, particularly related to the Russia-Ukraine conflict, continue to support safe-haven demand for gold [2] - The silver market is expected to experience a fifth consecutive year of supply-demand imbalance, contributing to bullish expectations for silver prices [2]

Economic Indicators - Initial jobless claims rose to 263K, exceeding the consensus of 240K, marking the highest level since fall 2021, indicating potential economic weakness [13] - Headline CPI increased by 0.4%, higher than the expected 0.3%, while Core CPI met expectations at 0.3%, suggesting persistent inflationary pressures [13] Central Bank Actions - The European Central Bank (ECB) maintained interest rates, aligning with market consensus, indicating a stable monetary policy environment in Europe [5] - The Federal Reserve is under political pressure to consider a 50 basis points rate cut despite the recent inflation and jobless claims data, with the FOMC meeting scheduled for next week [13] Market Trends - Positive money flows were observed in major tech stocks including Amazon, Alphabet, Meta, Microsoft, NVIDIA, and Tesla, while Apple showed neutral flows [7] - The stock market remains elevated above support levels, but there are signs of losing internal momentum as indicated by RSI divergence [13] Commodity Insights - The International Energy Agency (IEA) revised its oil supply growth estimate down to 2.7 million barrels per day from a prior estimate of 5.2 million barrels per day, leading to selling pressure in the oil market [9] Investment Strategies - Investors are advised to maintain cash reserves to capitalize on new opportunities and adjust hedge levels accordingly, particularly for high beta stocks [14] - A traditional 60/40 portfolio strategy may need reevaluation, focusing on high-quality bonds with shorter durations due to unfavorable risk-reward dynamics for long-duration bonds [15]

Core Viewpoint - The market is experiencing a rotation from technology stocks to defensive sectors, and there is potential for a shift from debt securities to precious metals, particularly gold, due to anticipated interest rate cuts by the Federal Reserve [1][2][3]. Market Reactions - Following Federal Reserve Chair Jerome Powell's speech, the S&P 500 rose by 1.52%, nearing its all-time high, while gold prices are expected to rise as investors move away from fixed income assets [2][3]. Gold Market Dynamics - Gold has been trading between $3,500 and $3,180 since reaching a record high in April, with expectations of a bullish trend as the Federal Reserve revises its monetary policy [4][5]. - The U.S. dollar has weakened by 10.69% from its year-to-date high of $109.98 to $98.22, which historically correlates with rising gold prices [5][6]. Geopolitical Factors - Ongoing geopolitical tensions, including stalled peace talks between the U.S. and Russia regarding Ukraine and military actions in Gaza, are expected to increase demand for safe-haven assets like gold [6]. Price Forecasts - UBS Group has raised its gold price target to $3,600, citing macroeconomic risks and strong investment demand for gold ETFs and central banks [7]. Gold-Backed ETFs Overview - **SPDR Gold Trust (GLD)**: The largest gold ETF with $102.72 billion in assets under management (AUM), has gained nearly 597% since inception [9][10]. - **iShares Gold Trust (IAU)**: Smaller than GLD with $48.41 billion in AUM, has outperformed GLD with a gain of over 648% since inception [13][14]. - **SPDR Gold MiniShares Trust (GLDM)**: Newer ETF with $16.3 billion in AUM, has gained nearly 168% since launch, offering the lowest expense ratio at 0.01% [15][16].

Group 1 - The US dollar index increased by 0.72%, marking the largest single-day gain in nearly a month, which negatively impacted gold prices [1] - COMEX gold futures closed down 0.23% at $3410.7 per ounce, while the gold ETF Huaxia (518850) rose by 0.69%, with net inflows in 7 out of the last 10 trading days, totaling 190 million [1] - The SPDR Gold Trust, the world's largest gold ETF, reported a holding of 958.49 tons, an increase of 1.72 tons from the previous trading day [1] Group 2 - Market expectations for interest rate cuts may have already been priced in, with a high probability of two rate cuts within the year [1] - A rebound in market risk appetite has led to a strong performance in equity markets, resulting in decreased demand for gold as a safe-haven asset [1] - Continuous attention is advised on the $3400 level for gold, indicating a potential battle between bulls and bears [1]