Gld stock price forecast the gld stock price forecast remains

The gld stock price forecast remains supported by ETF holdings hitting a six-month high, implying broader bullish sentiment despite minor profit-taking in futures markets. Milling-Stanley notes that gold’s momentum hasn’t carried over to gold miners; he favors owning the physical metal, particularly because of concerns about market swings. Miners historically have sharply underperformed metals in big downdrafts. While central banks continued to make gold purchases during the period, so too did retail investors, who shied away from US treasuries in favor of a more tangible safe-haven asset class. The gld stock price forecast now incorporates Fed commentary pointing to possible late-year easing. Technically, GLD trades within a bullish channel, with MACD divergence signaling short-term consolidation before another leg higher.