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Home Commodities

Weaker demand to cap near-term gold price gains, J.P. Morgan says (GLD:NYSEARCA)

by MarketNewsBoard
2 hours ago
in Commodities, Gold
Weaker demand to cap near-term gold price gains, J.P. Morgan says (GLD:NYSEARCA)
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Jul 06, 2026, 5:25 PM ETSPDR Gold Shares ETF (GLD), GDX, IAU, NUGT, SLVSIL, SGOL, SIVR, GDXJ, PHYS, PSLV, DUST, SGDM, RING, OUNZ, SILJ, SGDJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA News Editor
stack of shiny gold bars 3d illustration

monsitj/iStock via Getty Images

Demand for gold from key sectors will fail to meet expectations, limiting the rise in gold prices this year to $4,300/oz in Q3 and $4,500/oz in Q4, J.P. Morgan said Monday, after previously forecasting gold prices to climb to $6K by year-end.

Source: Original Article

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Subsea processing gains prominence in Petrobras' technology strategy

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The goal is to gradually reduce the size of platforms, gaining efficiency and decreasing risks and gas emissions. Source: Original Article

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XRG expands Rio Grande LNG stake, now invested across all five trains

by MarketNewsBoard
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