No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 7, 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 $3,900 for the first time

by TheAdviserMagazine
1 day ago
in Business
Reading Time: 4 mins read
A A
Gold opens above ,900 for the first time
Share on FacebookShare on TwitterShare on LInkedIn


Gold (GC=F) futures opened at $3,913.50 per ounce on Monday, up 0.8% from Friday’s close of $3,880.80. This is gold’s first open above $3,900.

Gold’s record-high pricing coincides with strength in stocks and Bitcoin (BTC=F). On Friday, the S&P 500 (ES=F) and the Dow Jones Industrial Average (^DJI) set new highs. Bitcoin eclipsed $125,000 for the first time Sunday. Across asset classes, investors seem undeterred by the U.S. government shutdown and the lack of data available from the Bureau of Labor Statistics and other federal agencies. Despite the pause in data reporting, the expectation for an interest rate cut later this month is high — CME FedWatch quantifies the probability for a quarter-point reduction at 94.6%.

Gold prices typically rise when the economic outlook is uncertain and when interest rates decline.

The opening price of gold futures on Monday is up 0.8% from Friday’s close of $3,880.80 per ounce. Monday’s opening price is up 4.2% from the opening price of $3,754.80 one week ago on September 29. In the past month, the gold futures price increased 9.7% compared to the opening price of $3,567.80 on September 5. Over the past year, gold is up 47.3% from the opening price of $2,656 on October 4, 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.

The price of gold can be quoted in multiple forms because the precious metal is traded in different ways. The two main gold prices investors should know about are spot prices and gold futures prices.

Learn more: How to invest in gold in 4 steps

The spot price of gold is the current market price per ounce for physical gold as a raw material, sometimes called spot gold. Gold ETFs that are backed by physical gold assets generally track the gold spot price.

The spot price is lower than what you’d pay to buy gold coins, bullion, or jewelry, since your total price will include a markup called the gold premium that covers refining, marketing, dealer overhead, and profits. The spot price is more like a wholesale price, and the spot price plus the gold premium is the retail price.

Gold futures are contracts that mandate a gold transaction at a specific price on a future date. These contracts are exchange-traded and more liquid than physical gold. They settle on the contract expiration date or earlier, either financially or via delivery. A financial cash settlement involves paying the contract’s profit or loss in cash. Delivery means the seller sends physical gold to the buyer for the contracted price.

Supply and demand determine gold spot prices and gold futures prices. Factors that influence gold supply and demand include:

Geopolitical events. Gold is considered a safe-haven asset, meaning it can hold its value — and sometimes appreciate — when stocks and other assets are volatile or in decline. Geopolitical events such as military conflicts and trade disputes can prompt stock-price volatility and, in turn, stoke higher demand for gold.

Central bank buying trends. Central banks own gold to hedge against inflation and support economic stability. Unlike traditional currency, the price of gold is not tied to a banking system that is subject to manipulation or collapse. Central banks influence the global gold supply because they buy and sell in large quantities.

Inflation. Many investors consider gold an effective hedge against inflation. Rising prices, therefore, can stimulate gold demand and push gold prices higher.

Interest rates. When interest rates rise, gold prices can decline. When interest rates fall, gold prices can rise. This happens in part because gold does not pay interest. Cash and fixed-income assets are preferred in higher-rate environments because they can produce higher yields.

Mining production. Mining activity affects the global gold supply, while production costs influence gold prices.

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, the gold futures price has been volatile, particularly when adjusted for inflation. Significant trends include:

April 1934 to July 1970. Gold declined more than 65% in an extended downturn.

July 1970 to January 1980. Gold rose nearly 850% in a sharp spike upward.

January 1980 to February 2001. Gold fell 82%.

February 2001 to September 2025. Gold gained by 591%.

Owning gold potentially exposes you to similar extended trends, which is why it’s important to set your allocation carefully.

In the lackluster years, your gold 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 would target a higher percentage.

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: GoldopensTIME
ShareTweetShare
Previous Post

Mongolia to join data center frenzy with Chinggis Khaan sovereign wealth fund

Next Post

Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?

Related Posts

edit post
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

by TheAdviserMagazine
October 7, 2025
0

Sharran Srivatsaa, president of Acquisition.com and a former Goldman Sachs investment banker, recently shared a story on TikTok about how...

edit post
Morgan Stanley stake and a 75% upside call: Why this newly listed stock is drawing attention

Morgan Stanley stake and a 75% upside call: Why this newly listed stock is drawing attention

by TheAdviserMagazine
October 7, 2025
0

Pace Digitek, a recently listed renewable and telecom infrastructure company, is in the spotlight after global investment giant Morgan Stanley...

edit post
Talen Energy secures .2bn in financing for two power plant acquisitions

Talen Energy secures $1.2bn in financing for two power plant acquisitions

by TheAdviserMagazine
October 7, 2025
0

Talen Energy Supply, a subsidiary of Talen Energy Corporation, has secured $1.2bn in term loan B financing to support the...

edit post
Previous winners of the Nobel Peace Prize

Previous winners of the Nobel Peace Prize

by TheAdviserMagazine
October 7, 2025
0

The winner of the 2025 Nobel Peace Prize will be announced on Friday in Oslo. Here are some of the...

edit post
Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

by TheAdviserMagazine
October 7, 2025
0

The Indian IT sector is under scrutiny as the earnings season kicks off. ET Now recently spoke with market expert...

edit post
KPMG chief on CEOs’ uncertainty on tariffs, the emerging AI ‘hourglass’ org shape and the thing ‘that honestly keeps me up at night’

KPMG chief on CEOs’ uncertainty on tariffs, the emerging AI ‘hourglass’ org shape and the thing ‘that honestly keeps me up at night’

by TheAdviserMagazine
October 7, 2025
0

KPMG’s CEO Outlook survey offers an annual look behind the curtain at the issues keeping the top business leaders up...

Next Post
edit post
Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?

Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?

edit post
Are You Ready To Rethink How You Manage Tech Spend?

Are You Ready To Rethink How You Manage Tech Spend?

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Property Tax Repeal & Replacement: Tax Revenue Impacts

Property Tax Repeal & Replacement: Tax Revenue Impacts

0
edit post
New Tariffs Aimed Directly at Real Estate Investors

New Tariffs Aimed Directly at Real Estate Investors

0
edit post
Episode 229. “I’m almost 50 and have nothing to show for my life”

Episode 229. “I’m almost 50 and have nothing to show for my life”

0
edit post
Meet the Dutch companies that raised the 10 biggest funding rounds in Q3 2025; 7 are hiring right now

Meet the Dutch companies that raised the 10 biggest funding rounds in Q3 2025; 7 are hiring right now

0
edit post
EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

0
edit post
CFP Board conference explores multigenerational RIAs

CFP Board conference explores multigenerational RIAs

0
edit post
New Tariffs Aimed Directly at Real Estate Investors

New Tariffs Aimed Directly at Real Estate Investors

October 7, 2025
edit post
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To 0,000

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025
edit post
EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

October 7, 2025
edit post
Episode 229. “I’m almost 50 and have nothing to show for my life”

Episode 229. “I’m almost 50 and have nothing to show for my life”

October 7, 2025
edit post
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

October 7, 2025
edit post
Meet the Dutch companies that raised the 10 biggest funding rounds in Q3 2025; 7 are hiring right now

Meet the Dutch companies that raised the 10 biggest funding rounds in Q3 2025; 7 are hiring right now

October 7, 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

  • New Tariffs Aimed Directly at Real Estate Investors
  • Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
  • EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone
  • 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.