Gold futures opened at $3,458.10 per ounce, up 0.6% from Friday’s close. President Trump’s reciprocal tariffs, including on gold bars from Switzerland, are in effect. Analysts expect a 2.8% year-over-year increase in CPI. Gold prices are influenced by inflation and potential Fed rate cuts.
Gold futures opened on Monday at $3,458.10, up 0.6% from Friday’s close. Gold has seen gains over the past week, month, and year. Track gold prices 24/7 on Yahoo Finance. Explore top-performing companies in the gold industry using Yahoo Finance Screener.
Investing in gold involves setting goals, allocating funds, choosing a form, and considering the investment timeline. Gold is valued for diversification, inflation protection, and wealth backup in economic downturns. It is seen as a stabilizer in a portfolio and a store of value.
Gold is viewed as a hedge against calamity and an insurance policy by investors. The precious metal holds value in tough times and can serve as a medium of exchange if the dollar collapses. Learn how to invest in gold in four steps. Track gold price history since 2000 on Yahoo Finance.
Gold has shown cycles of growth and decline historically. Analysts predict a bullish outlook for gold in 2025, with predictions of reaching $3,700 per troy ounce. Rising demand from central banks and tariff policy uncertainty are driving factors. Consider gold’s historical value and performance when investing.
Read more at Yahoo Finance: Gold remains above $3,400 ahead of inflation report