Gold futures rise 0.4% to $3,346.30/ounce, with analysts predicting a potential rise to $3,700/ounce

From Yahoo Finance: 2025-06-10 09:13:00

The price of gold futures opened at $3,346.30 per ounce, up 0.4% from Monday. May’s Consumer Price Index report is expected to show a 0.2% rise. Trade talks between the U.S. and China began, impacting gold prices. Gold has risen 46% in the past year.

Setting the appropriate gold allocation in your investment portfolio is essential. Experts recommend allocating 5-20% of your net worth to gold. Rebalancing your portfolio periodically is crucial to control risk. Consider your risk appetite and historical gold behavior to determine the right allocation percentage.

Gold has been on a steady upward climb in value. Historical data shows extended cycles of growth and decline. Analysts predict gold could reach $3,700 per ounce by year-end 2025. Factors like central bank demand and U.S. tariff policy uncertainty are driving the increase.

Interested in gold’s historical value? Yahoo Finance has been tracking the historical price of gold since 2000. Remember to check your existing gold holdings before buying more, and avoid selling jewelry to buy gold coins due to dealer fees.

Read more: Gold moves higher ahead of inflation report