From Yahoo Finance: 2025-06-03 09:45:00

Gold futures opened at $3,406.50 per ounce, up 1% from Monday’s close. Trade tensions between the U.S. and China, along with a higher tariff on steel and aluminum, contributed to the rise. The S&P 500 rose less than 1%, and the CBOE Volatility Index measured a 30-day volatility of the S&P 500.

The opening price of gold futures on Tuesday was up 1% from Monday’s close. Gold has seen a 2.2% gain over the past week, a 5.1% increase in the past month, and a 46.7% rise in the past year. The current price of gold can be monitored 24/7 on Yahoo Finance.

Investing in gold involves setting a goal, allocation, choosing a form, and considering your investment timeline. Setting an appropriate gold allocation within your portfolio can help control risk over time. Experts recommend holding 5% to 15% of your net worth in gold, with some advising up to 20% for risk-tolerant individuals.

Historically, gold has shown extended up and down cycles. Analysts are bullish on gold, with predictions of reaching $3,700 a troy ounce by year-end 2025. Rising demand from central banks and uncertainty in U.S. tariff policy are driving factors. Yahoo Finance has been tracking the historical price of gold since 2000.



Read more at Yahoo Finance: Gold moves higher on tariff uncertainty