How US interest rate expectations move the gold price
Because gold pays no interest, its price is closely tied to expectations of US rate changes. Markets react before the Fed acts, making the outlook more important than the decision itself.
Gold Market
Analysis
Deeper looks at the forces setting the gold price.
Sun Summit drills high-grade gold at JD Project, extends Creek Zone
Sun Summit Minerals reports assay results from 13 holes at the Creek Zone, including 23.5m of 4.35 g/t gold, extending mineralization 100m along strike. Results support a planned resource estimate in Q1 2027.
Gold slides to $4,110 support as resistance caps recovery attempts
Gold dropped to $4,110 after failing to stay above $4,250. A bearish trend line and moving averages cap recovery. Key resistance at $4,260; support at $4,080.
Cambria targets late 2027 restart of Premier gold mill
Cambria Gold Mines has set a new target of late 2027 to restart the Premier gold mill in northern British Columbia, after its first production ramp-up was derailed by insufficient underground feed.
Gold bears remain in control as trendline caps recovery attempts
Gold ticked higher on Monday but remains in a bearish configuration. A trendline at $4211 caps upside and the larger downtrend stays intact.
Gold falls as bond yields climb despite weaker-than-expected US jobs report
Gold closed lower for the week despite a weaker-than-expected US jobs report, as bond yields reversed and rose. Analysts suggest further downside may present a buying opportunity.
Gold's Short-Term Trend Turns Bearish but $4,000 Holds as Support
Gold's weekly trend flipped short after a sharp fall, but $4,000 support remains. Analysis of the outlook and key economic data.
Gold’s Usual Autumn Pullback: A Correction in Context
Gold fell 11.7% from late August to late September, a typical autumn pullback. The selloff was driven by surging Fed rate hike expectations and mean reversion after a strong rally.
Pension funds turn to gold as bonds lose their hedging power
Gold is finding a durable place in pension-fund portfolios as bonds offer less protection against inflation and market shocks, according to the World Gold Council.