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Analysts recommend buying SPDR Gold Shares (GLD) as gold sees best weekly gain in 7 months

08/10/2026, 09:39 AM investing recommendation Analysts: analysts finance materials GDXJ SPDR Gold Shares Newmont VanEck Gold Miners ETF

Gold's recent surge of approximately 7% marks its strongest weekly performance since January, influenced by a weaker dollar and declining Treasury yields, which have shifted investor sentiment towards safe-haven assets.