iShares Gold Trust (IAU) News Today

iShares Gold Trust (NYSEARCA: IAU) has risen, supported by a string of bullish catalysts in the gold market. Record‐setting prices, safe‐haven buying amid geopolitical and political uncertainty, and upward revisions from major banks have all underpinned demand for the metal—and by extension, IAU’s shares.

• Positive Sentiment: Gold prices jumped to a new record high near $4,000 as investors flocked to the metal amid mounting concerns of an equity‐market bust reminiscent of the dot‐com era. Gold Prices Surge To New Record High
• Positive Sentiment: Traders rushed into gold amid a political crisis in France, driving spot prices above $3,950 per ounce. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Soars Above $3950
• Positive Sentiment: UBS raised its gold price forecast to $4,200 citing robust inflows, a weaker dollar and elevated geopolitical risk. Gold tipped to keep rising as UBS nudges target higher
• Positive Sentiment: Geopolitical tensions and industrial demand sent gold, silver and platinum soaring, with precious metals outperforming profit‐taking pressures. Gold, silver, and platinum rocket higher as geopolitical, industrial, and investment drivers overpower profit-taking – Heraeus
• Positive Sentiment: Safe‐haven demand from U.S. government shutdown fears and Fed rate‐cut bets pushed gold past $3,900 on renewed buying interest. Gold Surges Above $3,900 as US Shutdown and Rate Cut Bets Ignite Safe-Haven Demand
• Neutral Sentiment: Analysts note continued upward pressure on gold, eyeing the psychological $4,000 level as the next major test. Gold Price Outlook – Gold Continues to Show Upward Pressure
• Neutral Sentiment: Intra‐day technical analysis highlights key entry levels for active traders as gold consolidates near multi‐year highs. Gold market analysis for October 6 - key intra-day price entry levels for active traders
• Negative Sentiment: Bank of America warns the risk of a near‐term correction is rising as gold approaches the $4,000 target. Risk of gold price correction mounts as $4,000 target looms - Bank of America