No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Gold opens above $3,380 as investors wait for interest rate clues

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 3 mins read
A A
Gold opens above ,380 as investors wait for interest rate clues
Share on FacebookShare on TwitterShare on LInkedIn


Gold (GC=F) futures opened at $3,382.40 per ounce on Monday, up 1.4% from Friday’s close of $3,336. In August, the gold futures price has ranged from $3,281 to $3,477.

On Friday, Federal Reserve Chair Jerome Powell will give a policy speech at the annual Jackson Hole Economic Symposium. Investors will watch closely for clues on Powell’s willingness to cut interest rates at the Fed’s next meeting in September. President Donald Trump has pressured Powell to lower interest rates, but Powell has resisted — arguing that more information is needed to understand how tariffs will impact prices. Economic data in recent months has indicated a slowing labor market and inflation above the Fed’s target of 2%. The latest Producer Price Index also showed a rise in services prices, which are not affected by tariffs.

Falling interest rates can benefit gold since it does not pay interest. However, signs of a slowing economy could also increase gold demand if investors move into safe-haven assets.

The opening price of gold futures on Monday is up 1.4% from Friday’s close of $3,336 per ounce. Monday’s opening price is nearly flat with the opening price of $3,383.90 one week ago on August 11. In the past month, the gold futures price has gained 1.3% compared to the opening price of $3,338.20 on July 18, 2025. In the past year, gold is up 37.9% from the opening price of $2,453.50 on August 16, 2024.

24/7 gold price tracking: Don’t forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week.

Want to learn more about the current top-performing companies in the gold industry? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.

Investing in gold is a four-step process:

Set your goal

Set an allocation

Choose a form

Consider your investment timeline

The first step to investing in gold is understanding your goals for buying it.

Given gold’s historic behavior, three suitable investing goals for a gold position are:

Diversification into an asset that moves independently from stock prices

Protection against inflation-related loss of purchase power

Backup source of value and wealth in an unlikely economic collapse

Gold has long been part of a balanced portfolio given its ability to hold its value – or even increase further – when the value of other assets is falling. That is why investors utilize gold as a stabilizer. Investors rely on gold’s strength in tough times to limit unrealized losses in equities and inflation-related reductions in purchasing power of cash deposits. That’s exactly what we’re seeing play out now before our eyes.

Gold is also a widely recognized store of value. As such, the precious metal can potentially stand in as a medium of exchange if the dollar collapses.

“I recommend that everyone buy a little gold as a hedge against calamity,” said Scott Travers, author of The Coin Collector’s Survival Manual and editor of “COINage” magazine, in an interview with Bottom Line, Inc. Gold “should be viewed as an insurance policy,” he said.

Learn more: How to invest in gold in four steps

Whether you’re tracking the price of gold since last month or last year, the price-of-gold chart below shows the precious metal’s steady upward climb in value.

Historically, gold has shown extended up cycles and down cycles. The precious metal was in a growth phase from 2009 to 2011. It then trended down, failing to set a new high for nine years.

In those lackluster years for gold, your position will negatively impact your overall investment returns. If that feels problematic, a lower allocation percentage is more appropriate. On the other hand, you may be willing to accept gold’s underperforming years so you can benefit more in the good years. In this case, you can target a higher percentage.

The precious metal has been in the news lately, and many analysts are bullish on gold. In May, Goldman Sachs Research predicted gold would reach $3,700 a troy ounce by year-end 2025. That would equate to a 40% increase for the year, based on gold’s January 2 opening price of $2,633. Rising demand from central banks, along with uncertainty related to changing U.S. tariff policy, are the factors driving the increase.

If you are interested in learning more about gold’s historical value, Yahoo Finance has been tracking the historical price of gold since 2000.



Source link

Tags: cluesGoldinterestinvestorsopensrateWait
ShareTweetShare
Previous Post

Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave

Next Post

Rafael teams with Lulav Space on precise drone interception

Related Posts

edit post
Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

by TheAdviserMagazine
October 29, 2025
0

Online brokerage Groww will kick off one of the most anticipated public issues of the year in the first week...

edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

by TheAdviserMagazine
October 29, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

by TheAdviserMagazine
October 29, 2025
0

Being CEO has its many perks: Business leaders get to command the world’s most powerful companies, shape their legacies as...

edit post
Mastercard poised to acquire crypto startup Zerohash for nearly  billion, sources say

Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say

by TheAdviserMagazine
October 29, 2025
0

Mastercard has its sights on another crypto company. The payments goliath is said to be in late-stage talks to acquire...

edit post
Yunus fears attempts to thwart planned Bangladesh polls

Yunus fears attempts to thwart planned Bangladesh polls

by TheAdviserMagazine
October 29, 2025
0

Bangladesh's interim government chief Muhammad Yunus on Wednesday said he feared forces "from home and abroad" to thwart planned general...

edit post
Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

by TheAdviserMagazine
October 29, 2025
0

Coca-Cola (KO) is a resilient, dividend-paying consumer staples giant with a global footprint and strong brand loyalty. There's a reason...

Next Post
edit post
Rafael teams with Lulav Space on precise drone interception

Rafael teams with Lulav Space on precise drone interception

edit post
Modi gives tax boon to India’s economy amid Trump tariff tensions

Modi gives tax boon to India's economy amid Trump tariff tensions

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
RBC Sees Balanced Outlook for Caterpillar Amid Mid-Cycle Momentum

RBC Sees Balanced Outlook for Caterpillar Amid Mid-Cycle Momentum

0
edit post
Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

0
edit post
Here are the five key takeaways from the Fed meeting and Powell news conference

Here are the five key takeaways from the Fed meeting and Powell news conference

0
edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

0
edit post
Private Equity’s New Exit Playbook

Private Equity’s New Exit Playbook

0
edit post
How Food Industry Lobbyists Keep the Food-Stamp Gravy Train Going

How Food Industry Lobbyists Keep the Food-Stamp Gravy Train Going

0
edit post
Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

October 29, 2025
edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

October 29, 2025
edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

October 29, 2025
edit post
How to keep your AI use from violating industry rules

How to keep your AI use from violating industry rules

October 29, 2025
edit post
Here are the five key takeaways from the Fed meeting and Powell news conference

Here are the five key takeaways from the Fed meeting and Powell news conference

October 29, 2025
edit post
Japan’s Biggest Card Firm Joins The Network

Japan’s Biggest Card Firm Joins The Network

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Groww announces IPO dates as regulatory uncertainty looms over stock brokers
  • Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)
  • The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.