Gold Rebounds as Analysts Debate If Last Week's Record Marks the Top

Seeking Alpha7minutes ago

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Trade Tensions Persist

MT NewswiresApr 28 08:35 ET

Base Metal Prices Mixed as Copper Gains on Record Chinese Inventory Decline -- Market Talk

WSJApr 28 05:28 ET

Gold has come to a sudden stop, long positions have drastically decreased, and analysts warn that the trend has diverged from the fundamentals.

Barclays strategist Stefano Pascale stated that the surge in Gold Call Options after Trump's tariffs, leading to an inverted skew indicator, coupled with a sharp reduction in hedge fund long positions and the recent pullback in Gold prices, are all reasons to adopt a cautious outlook on Gold prices in the short term. The movement of Gold has already "decoupled" from the "fundamental drivers" such as the US dollar and real interest rates.

wallstreetcnApr 28 04:33 ET

Gold Falls Globally: US$ -1.29%, RM -1.34%

Business TodayApr 28 03:15 ET

Is there a warning of a bullish-bearish reversal in the Options market? Cracks are appearing in the myth of Gold's surge?

This month, Gold's upward trend surpasses all major asset classes, as Trump's tariff war reshapes the Global economic order, with safe-haven funds continuously pouring into the gold market. However, changes in Options positions are causing some market observers to remain cautious.

Zhitong FinanceApr 27 19:32 ET