Gold price today, Friday, February 13: Gold opens below $5,000

Core Viewpoint - Gold prices have shown volatility, dipping below $5,000 per troy ounce before recovering slightly, reflecting broader market concerns, particularly related to AI and investor margin calls [1][2][3]. Gold Price Trends - The opening price of April gold futures on Friday was $4,950 per troy ounce, nearly unchanged from Thursday's close of $4,948.40 [1][4]. - Gold's one-year gain as of January 29 was 95.6%, with increases of 3.9% over the past week, 8.1% over the past month, and 70% over the past year [4][9]. Market Reactions - Stock prices fell on Thursday, with the S&P 500 down 1.6%, the Dow Jones Industrial Average down 1.3%, and the Nasdaq Composite down 2%, influenced by concerns over AI and margin calls affecting diversified portfolios [2]. Investment Strategies - Experts recommend varying gold allocations based on individual investment goals, with suggestions ranging from 0% to 20% [6][10][14]. - Robert R. Johnson advises against gold investing for long-term growth, while others suggest allocations of 2% to 5% for resilience without excessive income drag [7][10]. - Blake McLaughlin supports a 5% to 8% allocation based on historical data, emphasizing gold's resilience amid economic uncertainty [11]. - Thomas Winmill advocates for a 5% to 15% allocation, particularly through gold mining companies [12]. - Vince Stanzione recommends a 20% allocation in physical gold or ETFs as a wealth protection strategy [14].