Gold opens above 3400 dollars, where the price of investors in price discounts

gold (Futures opened at $ 3,417.60 an ounce on Monday, an increase of 1.3 % from the end of Friday, of $ 3,374.40. The price of gold has not opened above 3400 dollars since August 8.

Last week, Federal Reserve Chairman Jerome Powell implemented that the central bank may reduce interest rates soon. He pointed out that the data of the growth of the coming jobs and inflation data would constitute the decisions of the future average. Some of these data will be available this week, including updates about inflation, personal income and primary unemployment demands. GDP update in the second quarter and also read the morale of August in the calendar.

Low interest rates and weaker economic growth tends to enhance the demand for gold.

The opening price of gold contracts on Monday increased by 1.3 % from the end of Friday, of $ 3,374.40 an ounce. The opening price on Monday increased by 2.5 % of the opening price of $ 3333.50 a week ago on August 18. Last month, the price of gold contracts increased by 2.2 % compared to the opening price of $ 3,344 on July 25, 2025.

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Investing in gold is a process of four steps:

1. Set your goal

2. Determination setting

3. Choose a model

4. Consider your investment schedule

The first step to invest in gold is to understand your goals to buy them.

Given the historical behavior of gold, there are three appropriate investment goals for a golden position:

1. Diversification in an independent origin from stock prices

2. Protection from the loss of purchase of inflation

3. The source of the backup of value and wealth in an unlikely economic collapse

Gold has always been part of a balanced wallet due to its ability to keep the value of its value – or even increase – when the value of other assets decreases. This is why investors use gold as a fixed. Investors depend on the strength of gold in difficult times to reduce the unrealized losses in stocks and reductions related to inflation in the power to buy cash deposits. This is exactly what we see now in front of our eyes.

Gold is also a large -scale recognized store. As such, the precious metal can stand as a way to exchange if the dollar collapses.

“Coinage” Magazine, in an interview with Bottlely, INC. , “I recommend that everyone buy a little gold as a hedge against the disaster.”

Learn more:

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, gold showed the courses extending up and down. The precious metal was in the growth phase from 2009 to 2011. Then he went down, and failed to put a new new level for nine years.

In those dull years of gold, your 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, you can target a higher percentage.

The precious metal was in the news recently, and many analysts are optimistic about gold. In May, Goldman Sachs Research expected to reach $ 3700 an ounce by the end of the year 2025. This is equivalent to a 40 % increase for this year, based on the opening price in Gold 2 January of $ 2,633. The high demand from central banks, in addition to uncertainty about changing the policy of American tariffs, is the factors that drive the increase.

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