Gold futures opened at $4,363.60 per troy ounce, unchanged from the previous day. Gold prices have risen by 69% over the past year. Inflation report for November showed a 2.7% increase, below expectations. Gold has a complex relationship with inflation and typically responds positively to falling interest rates. Experts recommend gold allocations ranging from 0% to 20% based on investing goals and risk tolerance. Historical data support a gold allocation of 5% to 8% or 5% to 15% for most investors. Some experts advocate a 20% gold allocation for wealth protection. Monitoring gold prices can help investors make informed decisions.
Read more at Yahoo Finance: Gold holds above $4,350 after better-than-expected inflation report
