Jan. 10 at 11:28 AM
$GLD $B $DUST $GDXD $GDXU
Gold prices will decline next week due to the Bloomberg Commodity Index’s (BCOM) annual January rebalancing, which will reduce gold’s weighting from 20.4% to 14.9%. This adjustment, driven by the index rule capping any single commodity’s exposure at 15%, could result in approximately 2.4 million troy ounces of gold being sold, potentially impacting the price by 2.5-3.0%.