iShares Gold Trust (IAU) News Today

iShares Gold Trust (IAU) — trading lower on the session amid a volatile gold market. Heavy volume in IAU (well above average) and a recent run-up in bullion to record highs have driven strong flows into the ETF; intraday profit‑taking and technical reversals in spot gold are pushing the fund down. Key context: elevated trading volume, IAU sitting above its 50- and 200‑day averages, and notable options activity that shows increased bullish bets.

• Positive Sentiment: Fed easing and safe‑haven demand remain core drivers supporting gold — these macro tailwinds underpin long‑term inflows into IAU. Gold News: Gold Price Rally Pauses at Record High as Safe‑Haven Demand Cools
• Positive Sentiment: Major bank forecasts and central‑bank/private demand continue to support upside thesis for gold (JPMorgan sees strong supply/demand dynamics). Strong supply and demand dynamics support further gains for gold above $4,300/oz – JPMorgan's Chow
• Positive Sentiment: Bullish institutional calls — HSBC projects a materially higher gold target ($5,000/oz by mid‑2026), which can sustain investor interest in IAU. 'Bull wave' will push gold to $5,000/oz by June 2026 – HSBC
• Positive Sentiment: Unusual options activity in IAU — a large increase in call buying (9,108 calls, ~88% above average) suggests some traders are positioning for renewed upside in the ETF.
• Neutral Sentiment: Technical/readout pieces note the market is “tired” after the rally — useful for timing but not a clear directional signal for longer‑term IAU holders. Gold Price Outlook – Gold Looks a Bit Tired on Friday
• Negative Sentiment: Heavy profit‑taking and a technical reversal around the recent record highs have driven sharp short‑term selling in spot gold — this is putting downward pressure on IAU. Heavy profit‑taking hits gold, silver; what to watch, near term
• Negative Sentiment: Some forecasters highlight a bearish reversal after the $4,379 peak and point to immediate support levels near $4,098–$4,162 — heightened volatility and these technical risks may keep IAU under pressure near term. Gold (XAU/USD) Price Forecast: $4,379 High Triggers Bearish Reversal

What this means for investors: IAU’s intraday weakness reflects profit‑taking and a short‑term technical pullback in gold, but macro drivers (rate‑cut expectations, central‑bank demand) and increased call buying suggest the longer‑term bullish case remains intact. Monitor spot gold support levels and ETF flows/volume for signs of capitulation or renewed buying.