GraniteShares Gold Trust (BAR) News Today

GraniteShares Gold Trust (NYSEARCA:BAR) has gained ground as gold prices rallied on multiple bullish signals. Technical analysts point to a potential triangle breakout and momentum toward new highs, while broader macro factors—such as a weakening U.S. dollar, rising stagflation concerns, and supportive Treasury yield spreads—are driving investor demand for bullion-backed products like BAR.

• Positive Sentiment: Gold nears a triangle breakout, with prices testing $3,420/oz and momentum pointing higher toward fresh record closes. Gold (XAU/USD) Price Forecast: Pushes Higher as Triangle Breakout Nears Confirmation
• Positive Sentiment: Fidelity highlights looming U.S. stagflation and gold’s history of multi-year bull runs, suggesting further upside ahead. Looming U.S. stagflation and gold's record of multi-year bull runs mean there's still plenty of price upside – Fidelity's Samson
• Positive Sentiment: Bank of America sees gold on track to $4,000 as a softer dollar underpins demand. Gold remains on the path to $4,000 as the US dollar weakens - Bank of America
• Positive Sentiment: Saxo Bank notes steeper U.S. Treasury yield spreads are increasing the appeal of gold and silver investments. Steeper Treasury yield spreads support gold and silver investment – Saxo Bank's Hansen
• Positive Sentiment: Technical buying and a weaker greenback helped gold and silver post gains on renewed safe-haven demand. Gold, silver gain on technical buying, weaker greenback
• Positive Sentiment: Gold continues to see strong buying pressure, with analysts eyeing a run toward $3,500/oz. Gold Price Outlook – Gold Continues to See Buyers
• Positive Sentiment: Fed rate-cut expectations lift bullish forecasts, with a breakout above $3,409.43/oz targeting the all-time high near $3,500/oz. Gold News: Bullish Price Prediction as Gold Nears $3409.43 Breakout With Fed Cut Bets Rising
• Positive Sentiment: CME Group reports surging derivatives activity in Asia, fueled by strong Chinese and Indian gold demand. Chinese and Indian gold demand are fueling Asia's surging derivatives market – CME Group
• Neutral Sentiment: Gold is consolidating near $3,400/oz with long-term bias remaining positive, suggesting buy-the-dip opportunities. Gold Price Outlook – Gold Continues to See Consolidation
• Neutral Sentiment: Intra-day price entry levels highlight key support and resistance zones for active traders. Gold market analysis for August 28 - key intra-day price entry levels for active traders
• Neutral Sentiment: Pending Home Sales Index fell 0.4% in July, and gold has largely held recent gains around $3,400/oz. Gold holding recent gains as U.S. Pending Home Sales Index falls 0.4% in July
• Neutral Sentiment: Silver outlook remains upbeat as $3,400/oz gold supports a move toward $50/oz silver. $3,400 gold means silver at $50/oz: ‘We still see tremendous upside for silver' - Amplify's Miller
• Neutral Sentiment: Consolidation around $3,400/oz follows a mild pullback after U.S. jobless claims fell to 229k. Spot gold pulls back to $3,400/oz after U.S. weekly jobless claims fall to 229k
• Negative Sentiment: A stronger USDX and rising U.S. economic growth (3.3% Q2 GDP) have capped bullion’s upside near current levels. Gold holding steady around $3,400 as US economy grew 3.3% in Q2
• Negative Sentiment: Gold prices slipped on a stronger dollar rally, even as falling 2-year U.S. yields offered some support. Gold (XAUUSD) Price Forecast: Strong Dollar Caps Upside, 2-Year Yield Offers Support