Gold futures opened at $4,269 per ounce, up 1.9% from Friday, hitting an all-time high of $4,358. The government shutdown, unresolved trade war with China, and new tariffs could extend gold’s run. President Trump hinted at softer tariffs on Chinese imports. The Economic Policy Uncertainty Index remains high, driving demand for gold.

The opening price of gold futures on Monday is up 1.9% from Friday, 6.3% from a week ago, and 16.7% in a month. Over the past year, gold is up 57.3%. Gold price can be tracked 24/7 on Yahoo Finance. Explore top-performing companies in the gold industry and learn how to invest in gold.

Gold prices can be quoted in different forms, including spot prices and gold futures prices. Spot prices represent the current market price per ounce, while gold futures are contracts for future gold transactions. Factors like geopolitical events, central bank trends, inflation, interest rates, and mining production influence gold prices.

Tracking the price of gold shows a steady upward climb in value over time. The spot price of gold is lower than buying physical gold due to additional costs like the gold premium. Gold ETFs backed by physical gold assets generally track the gold spot price. Delivery and financial cash settlement are two ways gold futures contracts are settled.

Read more at Yahoo Finance: Gold opens at $4,269 after Friday’s all-time high