Gold futures opened at $3,383.30 per ounce, up 1.4% from Thursday. Federal Reserve Chair Powell will give a speech at the Jackson Hole Economic Policy Symposium. Lower interest rates make gold more attractive. Gold futures are up 1.1% from last week and down 0.8% from a month ago.

Costco now sells gold bars, silver coins, and platinum bars. Gold, silver, and platinum prices are up over 22% in 2025. Costco first offered gold bars in 2023. Gold has been at an all-time high. Interested in Costco’s precious metals? Read more here.

Gold has shown extended up and down cycles historically. Goldman Sachs predicts gold will reach $3,700 by year-end 2025. Rising demand from central banks and U.S. tariff policy uncertainty are driving the increase. Yahoo Finance has been tracking gold’s historical price since 2000.

Read more at Yahoo Finance: Gold remains below $3,400 ahead of Powell speech