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Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over
24/7 Wall St.94d agoneutral
Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over

The PHLX Gold/Silver Sector (^XAU) is under pressure Monday as precious metals pull back across the board. SPDR Gold Shares (NYSEARCA: GLD) ETF is down 1.3% to roughly $418, while iShares Silver Trust (NYSEARCA: SLV) ETF is off 2.3% near $67 as the market reassesses what the Strait of Hormuz disruption actually means for inflation, rates ... Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over

This Overlooked Precious Metals ETF Offers a 7% Yield
24/7 Wall St.95d agoneutral
This Overlooked Precious Metals ETF Offers a 7% Yield

Investors looking for monthly income from precious metals exposure face a familiar dilemma: gold miners pay almost nothing, and physical gold pays nothing at all. Gamco Global Gold, Natural Resources & Income Trust (NYSE:GGN) was built to solve that problem by holding a basket of gold miners and energy producers, then writing covered calls against ... This Overlooked Precious Metals ETF Offers a 7% Yield

Why Gold Won’t Save You in a Real Crisis (But Stocks Will)
24/7 Wall St.95d agoneutral
Why Gold Won’t Save You in a Real Crisis (But Stocks Will)

On a recent episode of The Investing for Beginners Podcast, co-host Andrew Sather offered a contrarian take on a piece of conventional wisdom that resurfaces every time markets wobble. Gold gets sold as a safe hedge that retains its value, and Sather pushes back on the leap from store of value to actual investment. His ... Why Gold Won’t Save You in a Real Crisis (But Stocks Will)

Gold Faces Headwinds From Higher Yields and Fading Fear but Year-End Targets Shine
24/7 Wall St.97d agoneutral
Gold Faces Headwinds From Higher Yields and Fading Fear but Year-End Targets Shine

The PHLX Gold/Silver Sector Index (^XAU) is edging lower this Friday morning by 1% even as gold spot prices tick higher to $4,644/ounce, a split tape that captures how investors are processing a calmer macro backdrop. Bullion has rebounded modestly today, with SPDR Gold Shares (NYSEARCA:GLD) trading around $425 after a fractional intraday gain, but ... Gold Faces Headwinds From Higher Yields and Fading Fear but Year-End Targets Shine