Gold (GC=F) April futures opened at $5,015 per troy ounce on Friday, 0.4% higher than Thursday’s closing price of $4,997.40. The gold price rose above $5,050 in early trading. Tensions between the U.S. and Iran are fueling gold demand, even as short-term interest-rate reductions look less probable. The U.S. has sent two aircraft carriers and other combat equipment to the Middle East, while Iran recently ran annual military drills with Russia. On Thursday, President Trump warned that “bad things will hap ...

April gold (GC=F) futures opened at $4,724 per troy ounce on Friday, down 3.4% from Thursday’s closing price of $4,889.50. The price of gold rose above $4,900 in early trading. Citing high volatility, CME Group raised margin requirements on gold and silver contracts for the third time since Jan. 13. CME Group operates futures and options markets around the world. Margins are deposits that act as collateral for leveraged transactions. CME increased initial and maintenance margins, which are the minimum a ...

April gold (GC=F) futures opened at $5,090 per troy ounce on Friday, down 4.9% from Thursday’s closing price of $5,354.80. The sell-off followed a heated rally that pushed gold up more than $500 this week. The rally materialized after President Trump made comments implying that he was unconcerned with a weaker U.S. dollar. The trend reversed after reports that President Trump intends to nominate Kevin Warsh as the next Federal Reserve chair. Warsh is a former Fed governor and considered more conservativ ...

Gold (GC=F) futures opened at $4,239.50 per troy ounce Friday, down 0.1% from Thursday’s closing price of $4,243. The price of gold moved above $4,250 after the open. Traders are largely focused on economic data this week to gauge the likelihood of a third and final interest-rate reduction in 2025. The data so far has been mixed. After the ADP National Employment Report showed a loss of 32,000 private-sector jobs in November, the Challenger, Gray & Christmas report estimated 71,321 layoffs last month, 2 ...