Gold price today, Thursday, October 9: Gold opens at $4,061.80 as geopolitical tensions ease

Gold (GC=F) futures opened at $4,061.80 per ounce on Thursday, up 0.5% from Wednesday’s close of $4,043.30. The price of gold has gained 54.3% so far this year. Conflicts in the Middle East and Ukraine contributed to gold’s historic rise in 2025. The Ukraine war continues, but Israel and Hamas have agreed to a ceasefire and hostage release, according to President Trump. The agreement is a positive milestone for the Gaza conflict, but does not guarantee an end to the two-year-old war. Other factors suppor ...