Gold ticks up after reports of a pending China trade deal

From Yahoo Finance: 2025-06-11 09:13:00

Gold futures opened at $3,344.30 per ounce, up 0.7% from the previous day, driven by reports of a potential trade deal with China. Details of the deal remain unknown, requiring approval from Trump and Xi. Better-than-expected inflation data could impact demand for gold and stocks, easing trade tensions.

The opening price of gold futures on Wednesday saw a 0.7% increase from the previous day, reflecting a 0.3% decrease over the past week. In the past month, gold prices rose 1.4%, and in the past year, prices increased by 45%.

Physical gold, gold mining stocks, and gold ETFs are three options for investing in gold. Each option has pros and cons, such as accessibility and volatility for physical gold, liquidity for mining stocks, and ease of storage for ETFs.

Gold ETFs offer easy storage and greater liquidity, but come with fund fees. Mining stocks provide indirect gold exposure, with greater volatility and no utility as a medium of exchange. Physical gold has risks of theft or loss and lower liquidity compared to stocks and ETFs.

Historically, gold has experienced extended cycles of growth and decline. Analysts are bullish on gold, with predictions of reaching $3,700 per troy ounce by 2025. Rising demand from central banks and uncertainty in U.S. trade policies are driving the price increase. Yahoo Finance tracks gold’s historical prices since 2000 for those interested in learning more.

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