Gold price today, Thursday, September 11, 2025: Gold still moving higher, up 40% this year

Core Insights - Gold futures opened at $3,680.60 per ounce, reflecting a 1% increase from the previous day's close of $3,643.60, and have risen nearly 40% this year [1][4][12] Price Trends - The opening price of gold futures on Thursday is up 3.7% from the opening price of $3,549.90 one week ago and has increased 8.8% from the opening price of $3,383.90 on August 11, 2025 [4] - Over the past year, gold has appreciated 45.7% from the opening price of $2,525.80 on September 11, 2024 [4] Economic Influences - The upcoming Consumer Price Index data is expected to show a 0.3% increase in prices, up from 0.2% in July, which may influence the Federal Reserve's interest rate decisions [2] - Lower interest rates make gold more attractive compared to interest-bearing assets, potentially driving demand for the precious metal [3] Market Sentiment - Analysts are bullish on gold, with Goldman Sachs predicting a price of $3,700 per troy ounce by year-end 2025, representing a 40% increase from the January 2 opening price of $2,633 [12] - Rising demand from central banks and uncertainty regarding U.S. tariff policy are key factors contributing to the increase in gold prices [12]