Gold opens above $ 3900 for the first time

gold (GC = fFutures opened at $ 3,913.50 an ounce on Monday, an increase of 0.8 % from the end of Friday, of $ 3,880.80. This is the first open gold over $ 3900.

The price of the high gold coincides with the strength in the stocks Bitcoin ((BTC = f). Friday, S & P 500 (es = fDow Jones Industrial Extern (^Dji) Set new heights. Bitcoin crashed 125,000 dollars for the first time on Sunday. Through the class assets, investors appear to be unwilling to close the US government and the absence of data available from the work statistics office and other federal agencies. Although stopping data reporting, the interest rate expectations later this month-CME Fedwatch determines the possibility of a 94.6 % quarter points reduction.

Gold prices usually rise when the economic view is unconfirmed and when interest rates decrease.

The opening price of the gold futures contracts on Monday increased by 0.8 % from the end of Friday, of $ 3,880.80 an ounce. The opening price on Monday increased by 4.2 % over the opening price of $ 3,754.80 a week ago on September 29. Last month, the price of gold contracts increased by 9.7 % compared to the opening price of $ 3567.80 on September 5. During the past year, gold rose 47.3 % of the opening price of $ 2,656 on October 4.

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The price of gold can be transferred in multiple forms because the precious metal is circulated in different ways. The main gold prices that investors must know about immediate prices and golden futures prices.

Learn more: How to invest in gold in 4 steps

The immediate price of gold is the current market price per ounce of material gold as raw materials, sometimes called the gold spot. Golden Golden Investment Funds, which are supported by the golden gold assets, follow the price of the golden girl.

The immediate price is less than you pay for the purchase of gold, alloys or jewelry, because your total price will include a sign called the gold installment that covers refining, marketing, public expenses of the agent and profits. The instant price is similar to wholesale price, the instant price in addition to the gold premium is the retail price.

Golden future contracts are contracts that impose a golden treatment at a specific price in a future history. These contracts are circulating for exchange and more liquid in material gold. They settle on the date of the expiration of the contract or before, either financially or by delivery. A financial The cash settlement includes paying the profit of the contract or cash losses. Delivery means that the seller sends material gold to the buyer for the contracting price.

The supply and demand determine the instant gold prices and the prices of golden futures. Factors that affect gold and demand supply include:

1. Geopolitical events. Gold is one of the safe origins, which means that it can carry its value-sometimes-when the shares and other assets are volatile or decreased. Geopolitical events such as military conflicts and commercial conflicts can push the fluctuations of stock prices, and therefore, the demand for gold is higher.

2. Trends to purchase the central bank. Central banks have gold to hedge against inflation and support for economic stability. Unlike the traditional currency, the price of gold is not related to a banking system that is subject to manipulation or collapse. Central banks affect global gold supplies because they buy and sell in large quantities.

3. Economic inflation. Many gold investors are an effective hedging against inflation. Thus, it can stimulate high prices on demand for gold and pay gold prices.

4. Upper Egypt. When interest rates rise, gold prices can decrease. When interest rates drop, gold prices can rise. This happens partially because gold does not pay the benefit. Cash assets and fixed income assets are preferred in higher rate environments because they can produce higher returns.

5. Mining production. Mining activity affects global gold supplies, while production costs affect gold prices.

Whether you are tracking the price of gold since last month or last year, the gold price drawing below shows the fixed ups in the fixed minerals in the value.

Historically, the price of golden futures was volatile, especially when modified for inflation. Important trends include:

1. April 1934 to July 1970. Gold decreased more than 65 % in an extended shrinkage.

2. July 1970 to January 1980. Gold rose approximately 850 % at a sharp rise up.

3. January 1980 to February 2001. Gold decreased 82 %.

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

It is possible that you have gold to similar extended trends, which is why it is important to set your customization carefully.

In dull years, your golden situation will negatively affect the overall investment returns. If this feels problems, the low allocation rate is more convenient. On the other hand, you may be ready to accept the weak years of gold so that you can benefit more in good years. In this case, a higher percentage will target.

If you are interested in learn more about the historical value of Gold, Yahoo financing tracks the historical price of gold Since 2000.