abrdn Physical Gold Shares ETF

SGOL

Market cap $9.11B

Escalating US–Iran tensions are likely to push oil prices higher, lift inflation expectations, and drive investors toward gold while increasing downside risks for equities.

Investors should assess the Middle East conflict carefully before reacting, Matt Gertken writes in a guest commentary.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Ernest 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.

Gold broke out to a new trend high, testing near-term support, with the next key upside target at $5,345 amid slow momentum conditions.

Ernest 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.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Gold tested new highs as traders focused on geopolitical tensions and reacted to the U.S. Producer Prices report.

The primary uptrends in gold, silver, and the mining shares remain firmly in place, reinforcing the case for fresh highs into the second quarter.

The gold market has been sideways for the totally of the week, and Friday is just more of the same. This is a market that overall looks likely to find buyers eventually.