GraniteShares Gold Trust (BAR) News Today

GraniteShares Gold Trust (NYSEARCA:BAR) has seen its shares rise as gold prices hover near record highs. A mix of bullish macro drivers—ranging from Fed rate cut expectations to safe-haven demand—and a notable decrease in BAR’s short interest are uplifting investor sentiment.

• Positive Sentiment: Weekly breakout strengthens gold’s uptrend near record highs, underpinning bullion-linked trusts. Gold Price Forecast: Holds Near Record Highs
• Positive Sentiment: Bulls target breakout above $3,674.70 on Fed cut hopes, supported by weak U.S. jobs data and ETF inflows. Gold Price Forecast: Bulls Target Breakout Above $3674.70
• Positive Sentiment: Safe-haven buying and bullish chart patterns keep gold on an upward trajectory. Gold Price Up on Safe-Haven Buying, Bullish Charts
• Positive Sentiment: Short interest in BAR fell 26.6% in August to 666,100 shares, reducing potential downward pressure.
• Neutral Sentiment: Kitco examines whether gold can maintain record highs after the Fed’s policy announcement. Can Gold Hold Its Record Highs?
• Neutral Sentiment: Gold consolidates near highs with pullback risk rising as traders await fresh catalysts. Gold Price Forecast: Consolidates Near Record High, Pullback Risk Rises
• Neutral Sentiment: ECB’s pause in its easing cycle has had little impact on bullion, highlighting mixed regional monetary cues. ECB’s Pause Has Little Impact on Gold
• Neutral Sentiment: Daily intra-day entry levels outlined for active traders point to a defined trading range. Gold Market Analysis: Key Intra-Day Levels
• Negative Sentiment: Gold dipped on stronger-than-expected CPI and profit-taking ahead of the U.S. inflation report. Gold News: Inflation Heats Up, Labor Weakens
• Negative Sentiment: Profit-taking pressure emerged ahead of U.S. CPI, triggering a short-term pullback. Gold Price Down on Profit Taking

With gold’s technicals firmly bullish and short interest in BAR declining, GraniteShares Gold Trust is positioned to benefit from continued investor flows into precious metals exposure, though volatility around key economic data remains a watch point.