Aberdeen Standard Gold ETF Trust [SGOL] Stock Forecast

Gold's (XAU/USD) week hinges on central banks, U.S. data, challenging its role as a hedge amid global uncertainties.

Gold's (XAU/USD) next move depends on U.S. economic data, labor market strength, and upcoming Fed policy decisions.

(Kitco News) - Gold and silver prices are posting strong losses near midday Friday, in the aftermath of a U.S. jobs report from the Labor Department that suggests the U.S. economy is presently in a pretty good spot.

Gold futures headed lower, with better-than-expected U.S. jobs data fueling strength in U.S. Treasury yields and the dollar, dulling investor interest in gold and setting prices on track for their first weekly loss in a month.

Gold markets have initially tried to rally during the course of the week, with some type of blowout to kick off the Monday session. However, we have done nothing but drop since then.

Gold markets have fallen rather significantly to kick off the trading session on Friday after the jobs number in the United States came out a little hotter than anticipated.

(Kitco News) - The gold market pared its earlier losses after the release of stronger-than-expected consumer sentiment data that also showed a sharp drop in inflation expectations.

(Kitco News) - Gold and silver prices are weaker in early U.S. trading Friday, in the immediate aftermath of a U.S. economic report that suggested the U.S. economy is presently in a pretty good spot.

(Kitco News) - The gold market is seeing some solid selling pressure as the U.S. economy continues to add more jobs than expected, which is also pushing down the unemployment rate.

(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.