Gold futures opened at $5,020.10 per troy ounce, up 0.8% from Friday’s closing price. China’s central bank continued to invest in gold, contributing to strong central bank demand in 2025. The US Dollar Index is down over 1% for the year amid concerns about the Fed’s independence and interest rate expectations.

The opening price of gold futures rose 0.8% from Friday’s close. One-year gain for gold was 95.6% on Jan. 29. Spot prices for physical gold are lower than buying gold coins, bullion, or jewelry due to the gold premium markup. Gold futures are more liquid than physical gold and settle via financial cash or delivery.

Supply and demand determine gold spot and futures prices. Factors include geopolitical events, central bank buying trends, inflation, interest rates, and mining production. The price-of-gold chart shows a steady upward climb in value. Investors can explore top-performing companies in the gold industry using Yahoo Finance Screener.

Read more at Yahoo Finance: Gold price today, Monday, February 9: Gold opens above $5,000