iShares US Basic Materials ETF (IYM) News

Rising oil prices fuel inflation, while weakening employment data dampens rate hike expectations—gold benefits from both sides.

Geopolitical tensions caused oil price volatility, fueling inflation expectations and boosting gold’s appeal as a safe-haven and store-of-value asset. Meanwhile, the unexpectedly weak U.S. nonfarm payrolls report for July dealt a sharp blow to interest rate hike expectations, driving both Treasury yields and the U.S. dollar lower. The combined effect of these two forces propelled gold to its best weekly performance in seven months. Additionally, ETF buying interest has concurrently rebounded—with global gold ETF holdings increasing by approximately 24 tonnes since July 20.

wallstreetcnAug 8 17:15

If You Invested $100 In Anglogold Ashanti Stock 5 Years Ago, You Would Have This Much Today

BenzingaAug 8 06:45

Here's How Much $100 Invested In Carpenter Technology 15 Years Ago Would Be Worth Today

BenzingaAug 8 04:45

A Look at Pricey High-flying Stocks in the Industrial Sector

Seeking AlphaAug 8 00:29

Gold, Silver Miners Stay on Hold Rating Despite Precious Metals Rally

Seeking AlphaAug 7 23:00

Gold surges $300 in three days! A short squeeze unfolds, and the rally may be far from over—UBS Group calls for $5,000 an ounce by next year.

Previously, many CTA trend-following funds maintained short positions in gold. Now, as gold prices have broken through key levels, CTAs are cutting losses and turning net long. Meanwhile, a significant amount of speculative gold capital missed the current rally and may be forced to chase higher prices in the near term, potentially fueling a second wave of gains. UBS Group notes that declining U.S. Treasury yields, a medium-term weakening of the U.S. dollar, and sustained central bank gold purchases will drive gold prices to USD 5,000 by the first half of 2027.

wallstreetcnAug 7 22:50

Terrible Jobs Report Sparks Rally In AI and Tech: 10 Stocks Leading Friday's Surge

BenzingaAug 7 21:37

These Materials Stocks Pair A+ Momentum With Stretched Valuations

Seeking AlphaAug 7 21:30

Is the gold bull market back? UBS Group: Gold prices could rebound to $5,000 in the first half of next year.

UBS Group believes that gold has three key medium- to long-term supports: renewed investment demand driven by declining real interest rates, a weaker U.S. dollar encouraging portfolio diversification, and sustained high-level gold purchases by central banks. It recommends viewing any pullback in gold prices to USD 4,000 as a strategic opportunity to establish positions. The chief strategist at BCA Research also noted that gold prices may have further upside potential and could even reach new record highs.

wallstreetcnAug 7 17:20

If You Invested $100 In Nucor Stock 10 Years Ago, You Would Have This Much Today

BenzingaAug 7 04:00

From the yen's sharp depreciation to the Federal Reserve's silence, gold's strategic value is coming into focus.

The sharp depreciation of the yen and the Federal Reserve’s acknowledgment that long-end rates are increasingly determined by the market reflect a weakening grip by central banks on bond markets globally. Against a backdrop of elevated debt levels and sustained monetary expansion, traditional equity-bond portfolio allocations face challenges, potentially enhancing the long-term strategic value of gold as an asset to hedge against fiat currency depreciation.

wallstreetcnAug 6 21:24

'It Doesn't Make Sense,' Expert Warns West Is Bleeding Control Over Copper

BenzingaAug 6 17:54

Gold Surges $188 in a Single Day: Macroeconomic Factors Were Just the Trigger—Short Squeeze Was the Main Driver

A sharp drop in ADP employment data, the U.S. dollar falling below 100, and a 5.5% plunge in oil prices—three signals converging on the same day—sparked a surge in gold prices. However, the real catalyst was a concentrated short squeeze triggered at the key technical level of $4,200 by CTA trend-following funds. Institutional investors have not yet entered long positions, leaving a clear buying vacuum after CTA shorts were unwound. The upcoming nonfarm payrolls and July CPI data will determine whether this short squeeze proves to be a fleeting move or the start of a sustained trend reversal.

wallstreetcnAug 6 08:56

Gold Jumps 4%, Dow Jones Smashes Record Highs: Stock Market Today

BenzingaAug 6 02:14

Shares of Precious Metal-related Companies Are Trading Higher Amid Rising Gold Prices, Spurred by a Weaker Dollar and Anticipation of a Deal Over the Strait of Hormuz That Would Ease Inflation and Future Rate-hike Concerns.

BenzingaAug 5 23:06

Breaking above the $4,200 resistance level! Gold’s 'reset' is complete, potentially ushering in its best rally window in months

Gold has achieved its most significant technical breakout in several months. Prices have broken above a downward trendline and surpassed the $4,200 level, driven by a confluence of bullish factors including favorable technical indicators, a weakening U.S. dollar, continued gold purchases by the People's Bank of China, and net short positioning by Commodity Trading Advisors (CTAs). Analysts suggest that if gold holds above this key level, it could trigger short-covering and algorithmic buying, potentially propelling the metal into a new upward rally.

wallstreetcnAug 5 21:40

AI-driven Tech Melt-up Fuels $3.5T Nasdaq 100 Surge in Four Days

Seeking AlphaAug 5 18:54

Most and Least Shorted Materials Stocks Across Mid- and Large-cap Names

Seeking AlphaAug 4 20:55

Dick's Sporting, TransDigm, Steel Dynamics And A Financial Stock: CNBC's 'Final Trades'

BenzingaAug 4 20:20

Dalio's Warning: The AI Bubble Has Arrived; Gold Is the Real Hard Currency

Dalio warns: Three signs of an AI bubble have emerged—rising interest rates, a surge in equity supply, and retail investors pouring in with leverage. He recommends allocating 5%–15% of investment portfolios to gold, calling Bitcoin 'not as good as real gold,' and argues that capitalists will be the biggest beneficiaries of the AI-driven transformation—though human emotion and intuition remain irreplaceable. Editor’s note: Ray Dalio, founder of Bridgewater Associates, recently gave an in-depth interview to the prominent business podcast The Diary Of A CEO, discussing his views on the AI bubble, the 80-year macroeconomic cycle, and Bitcoin. In the interview, Dalio

ChainCatcherAug 4 17:02