Iau stock price today forecast is buoyed by mixed economic data

IAU stock price today forecast is buoyed by mixed economic data hinting at potential Fed rate cuts in early Meanwhile, the U.S. services sector came to a near standstill in July, as businesses, grappling with weak demand and rising costs, cut back on hiring. The Institute for Supply Management’s services index slipped to 50.1 last month from 50.8 in June. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Gold Trust wasn't on the list. IAU stock price today forecast reflects gold’s resilience as the U.S. Dollar Index weakens slightly. Traders eye a breakout above 200-day SMA at $47.35, which could target $48.50 by week’s end if inflation data underperforms expectations.