Gold opens at record high ahead of Fed meeting
From Yahoo Finance: 2025-06-16 07:42:00
Gold futures opened at $3,473 per ounce, up 1.2% from Friday, signaling strong demand before a Fed meeting. Investors consider Israel-Iran conflict and U.S. tariffs. Gold prices have risen steadily, with a 50.5% increase in the past year. Track gold prices 24/7 on Yahoo Finance.
Investing in gold involves goal-setting, allocation, form selection, and timeline consideration. Gold serves as a diversification tool, inflation hedge, and wealth backup. Gold’s value stability makes it a reliable asset to limit losses and preserve purchasing power during tough economic times.
Gold is viewed as a store of value and potential medium of exchange in case of a dollar collapse. Experts recommend owning gold as insurance against economic calamity. Learn how to invest in gold in four steps to protect your wealth and purchasing power.
Historically, gold has shown cycles of growth and decline. An allocation to gold can impact investment returns. Analysts predict a bullish trend for gold, with Goldman Sachs Research forecasting a 40% increase to $3,700 per troy ounce by year-end 2025. Rising demand and policy uncertainty drive the price increase.
Yahoo Finance has been tracking the historical price of gold since 2000. Follow the price-of-gold chart to see the precious metal’s value climb over time. Consider gold’s historical performance when determining your investment allocation percentage.