• SPDR Gold Shares is trading at $417.29 (+4.95%) today, driven by anticipation ahead of the June 17 Federal Reserve decision and new Chair Kevin Warsh's first press conference.
  • Recent extreme gold fund outflows have fueled speculation of a short squeeze, amplifying the current upward move.
  • Gold's rally occurs despite easing geopolitical tensions from the US-Iran peace deal and a mixed equity market where the Dow Jones advanced.