Gold (GC=F) futures kicked off the week with a strong start, opening at $4,568 per troy ounce on Monday. This marked a 0.3% increase from Friday’s closing price of $4,552.70. However, the price of gold quickly dipped below $4,500 after reaching an all-time high in early trading.
The pullback in gold prices on Monday morning was attributed to investor profit-taking and reports of progress on a potential peace deal in Ukraine. These developments led to a decrease in demand for gold, which is typically fueled by geopolitical tensions.
Gold has experienced a significant surge in recent days, driven by ongoing trends that have been shaping the market in 2025. Factors such as a weaker U.S. dollar, declining interest rates, and widespread economic and geopolitical uncertainty have fueled demand from both institutional and retail investors. The price of gold had surpassed $4,500 per troy ounce prior to Christmas and was pushing towards $4,600 on Monday morning. However, the subsequent pullback suggests that the peak of this latest rally may have already passed.
Over the weekend, President Trump and Ukrainian President Volodymyr Zelenskyy announced progress in peace talks, which further contributed to the decline in gold prices as geopolitical tensions eased.
Looking at the performance of gold futures, the opening price on Monday was 0.3% higher than the previous Friday’s close. Comparing this to the past week, month, and year, the price changes are as follows:
– One week ago: +4.5%
– One month ago: +9.7%
– One year ago: +74.5%
Gold’s one-year gain is the highest it has been in the second half of 2025, showcasing the metal’s resilience and attractiveness to investors.
For those interested in tracking the price of gold, Yahoo Finance offers 24/7 monitoring of gold prices. Additionally, investors can explore the top-performing companies in the gold industry using the Yahoo Finance Screener, which provides a comprehensive list of companies based on various screening criteria.
When it comes to investing in gold, it’s essential to understand the different ways in which the precious metal is traded. The two main gold prices to be aware of are spot prices and gold futures prices. Spot prices represent the current market price per ounce for physical gold, while gold futures are contracts that dictate a gold transaction at a specific price on a future date.
Factors such as geopolitical events, central bank buying trends, inflation, interest rates, and mining production influence both gold spot prices and gold futures prices. These elements play a crucial role in determining the value of gold and its performance in the market.
Whether you’re monitoring the price of gold over the past month or year, the steady upward trend in the value of gold is evident. The precious metal continues to be a sought-after asset for investors seeking a safe haven in times of economic uncertainty.
