Gold Prices Advance Yet Remain Beneath a Critical Consolidation Threshold

Deep News

Yesterday

The price of gold has moved higher during early trading. Heng Koon How from UOB noted in a report that, after falling close to $4,000 last week amid growing concerns that the Federal Reserve may need to raise policy rates, gold is currently trading below its key consolidation level of $4,500 per ounce.

UOB's forecast hinges on the outcome of the Fed's June meeting and the messaging conveyed by Chair Kevin Wash. The analyst stated that if Kevin Wash acknowledges escalating inflation risks, gold faces the potential for additional near-term pressure and a risk of falling below the $4,000 per ounce mark.

UOB projects that gold will trade around $4,600 per ounce in the third quarter and approximately $4,800 per ounce in the fourth quarter. Spot gold is up 0.3% at $4,226.02 per ounce, though it has registered a cumulative weekly decline of 1.7%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1125739461"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1125739461\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1125739461?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-12 08:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1125739461","market":"sg","top_or_hot":-1,"title":"Gold Prices Advance Yet Remain Beneath a Critical Consolidation Threshold","media":"Deep News","content":"<p>The price of gold has moved higher during early trading. Heng Koon How from UOB noted in a report that, after falling close to $4,000 last week amid growing concerns that the Federal Reserve may need to raise policy rates, gold is currently trading below its key consolidation level of $4,500 per ounce.<br><br>\nUOB's forecast hinges on the outcome of the Fed's June meeting and the messaging conveyed by Chair Kevin Wash. The analyst stated that if Kevin Wash acknowledges escalating inflation risks, gold faces the potential for additional near-term pressure and a risk of falling below the $4,000 per ounce mark.<br><br>\nUOB projects that gold will trade around $4,600 per ounce in the third quarter and approximately $4,800 per ounce in the fourth quarter. Spot gold is up 0.3% at $4,226.02 per ounce, though it has registered a cumulative weekly decline of 1.7%.<br><br></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold Prices Advance Yet Remain Beneath a Critical Consolidation Threshold</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold Prices Advance Yet Remain Beneath a Critical Consolidation Threshold\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-06-12 08:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The price of gold has moved higher during early trading. Heng Koon How from UOB noted in a report that, after falling close to $4,000 last week amid growing concerns that the Federal Reserve may need to raise policy rates, gold is currently trading below its key consolidation level of $4,500 per ounce.<br><br>\nUOB's forecast hinges on the outcome of the Fed's June meeting and the messaging conveyed by Chair Kevin Wash. The analyst stated that if Kevin Wash acknowledges escalating inflation risks, gold faces the potential for additional near-term pressure and a risk of falling below the $4,000 per ounce mark.<br><br>\nUOB projects that gold will trade around $4,600 per ounce in the third quarter and approximately $4,800 per ounce in the fourth quarter. Spot gold is up 0.3% at $4,226.02 per ounce, though it has registered a cumulative weekly decline of 1.7%.<br><br></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDXY","symbol_name":"YieldMax Gold Miners Option Income Strategy ETF","start_time":0,"source_url":"","article_id":"1125739461","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1125739461","pubTimestamp":1781224972,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"The price of gold has moved higher during early trading. Heng Koon How from UOB noted in a report that, after falling close to $4,000 last week amid growing concerns that the Federal Reserve may need...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GDXY":"YieldMax Gold Miners Option Income Strategy ETF","JNUG":"金矿指数二倍做多ETF","PHYS":"Sprott Physical Gold Trust","BK4588":"碎股","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","GLDY":"Defiance Gold Enhanced Options Income ETF","IAUI":"NEOS Gold High Income ETF","USG":"USCF Gold Strategy Plus Income Fund","AAAU":"Goldman Sachs Physical Gold ETF","JDST":"金矿指数二倍做空ETF","DBC":"商品指数ETF-PowerShares DB","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","BK4207":"综合性银行","IAUM":"ISHARES GOLD TRUST MICRO","UYM":"基础材料指数ETF-ProShares两倍做多","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN","DUST":"二倍做空黄金矿业指数ETF-Direxion","KGLD":"Kurv Gold Enhanced Income ETF","DZZ":"德银黄金两倍做空ETN","SGDM":"Sprott Gold Miners ETF","PALL":"abrdn Physical Palladium Shares ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","GLD":"黄金ETF-SPDR","BK4585":"ETF&股票定投概念","IGLD":"FT Vest Gold Strategy Target Income ETF®","GLL":"2倍做空黄金ETF-ProShares","GDX":"黄金矿业ETF-VanEck","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","GOLY":"Strategy Shares Gold Enhanced Yield ETF","DGZ":"做空黄金ETN(德银)","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","OUNZ":"VanEck Merk黄金股票基金","GDXJ":"小型黄金矿业ETF(Market Vectors)","BTGD":"STKD Bitcoin & Gold ETF","GLDM":"SPDR Gold MiniShares Trust","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","RING":"iShares MSCI Global Gold Miners ETF","CEF":"Sprott Physical Gold & Silver Trust","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","BAR":"GraniteShares Gold Shares","GBUG":"Sprott Active Gold & Silver Miners ETF","BK4535":"淡马锡持仓","SGOL":"Abrdn Gold ETF Trust","UGL":"2倍做多黄金ETF-ProShares","BK4504":"桥水持仓","YGLD":"Simplify Gold Strategy PLUS Income ETF","IAU":"黄金信托ETF-iShares","BGLD":"FT Vest Gold Strategy Quarterly Buffer ETF","DGP":"二倍做多黄金ETN(PowerShares)"},"translate_title":"金价上涨但仍低于关键盘整阈值","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USG":1,"YGLD":1,"GDXY":1,"IAUM":1,"GLDY":1,"SGOL":1,"GLD":1,"OUNZ":1,"DZZ":1,"GOAU":1,"IAUI":1,"DBC":1,"DGZ":1,"JNUG":1,"GLDM":1,"FGDL":1,"RING":1,"UYM":1,"PHYS":1,"SGDM":1,"IGLD":1,"BGLD":1,"SHNY":1,"AAAU":1,"GDXD":1,"IAU":1,"CEF":1,"GLL":1,"PALL":1,"DGP":1,"GDXJ":1,"GLTR":1,"GDX":1,"GOLY":1,"GDXU":1,"BEGS":1,"DUST":1,"BAR":1,"KGLD":1,"GBUG":1,"BTGD":1,"JDST":1,"UGL":1,"DULL":1},"content_text":"The price of gold has moved higher during early trading. Heng Koon How from UOB noted in a report that, after falling close to $4,000 last week amid growing concerns that the Federal Reserve may need to raise policy rates, gold is currently trading below its key consolidation level of $4,500 per ounce.\nUOB's forecast hinges on the outcome of the Fed's June meeting and the messaging conveyed by Chair Kevin Wash. The analyst stated that if Kevin Wash acknowledges escalating inflation risks, gold faces the potential for additional near-term pressure and a risk of falling below the $4,000 per ounce mark.\nUOB projects that gold will trade around $4,600 per ounce in the third quarter and approximately $4,800 per ounce in the fourth quarter. Spot gold is up 0.3% at $4,226.02 per ounce, though it has registered a cumulative weekly decline of 1.7%.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}