Core Viewpoint - Gold prices have risen above $5,100 for the first time since January 30, driven by a Supreme Court ruling against President Trump's tariffs and ongoing geopolitical tensions, particularly with Iran [2][3]. Price Movement - Gold futures opened at $5,128.80 per troy ounce, reflecting a 0.9% increase from the previous closing price of $5,080.90 [1]. - The one-week price change for gold is +3.5%, one month is +3.6%, and one year is +74.5% [9]. Market Influences - The Supreme Court ruled that President Trump's tariffs were illegal, which has contributed to market uncertainty and increased demand for gold [2]. - Ongoing tensions between the U.S. and Iran are also supporting higher demand for gold [3]. Historical Performance - The one-year gain for gold was reported at 95.6% as of January 29 [4]. Pricing Mechanisms - Gold prices can be quoted in various forms, with spot prices representing the current market price for physical gold, while gold futures prices are contracts for future transactions [6][8]. - The spot price is generally lower than retail prices due to additional costs like premiums for refining and marketing [7]. Factors Affecting Gold Prices - Key factors influencing gold prices include geopolitical events, central bank buying trends, inflation, interest rates, and mining production [12].

Gold (GC=F) April futures opened at $4,993.70 per troy ounce on Thursday, down 0.3% from Wednesday’s closing price of $5,009.50. The gold price rose above $5,000 in early trading. Gold’s move above $5,000 follows reports that the U.S. and Iran are moving closer to a military conflict. The two countries have been negotiating the future of Iran’s nuclear program. On Tuesday, the U.S. and Iran reported progress but no breakthrough. The U.S. has recently moved military forces to the Middle East, apparently ...

Core Insights - Gold futures opened at $4,899.10 per troy ounce, down 2.9% from the previous closing price of $5,046.30, marking the second consecutive opening below $5,000 after a period above that threshold [1][4]. Economic Indicators - Positive reports on the U.S. labor market and inflation contributed to gold's pullback, with nonfarm payrolls rising by 130,000 in January, significantly exceeding the expected 55,000 [2]. - The Consumer Price Index showed a 0.2% increase in January, leading to an annual inflation rate of 2.4%, slightly below the anticipated 2.5% [2]. - The likelihood of the Federal Reserve cutting interest rates this year has decreased, with current predictions showing only a 7.8% chance for a quarter-point reduction in February, down from 20.1% the previous week [2]. Gold Price Trends - The opening price of gold futures on Tuesday was 2.9% lower than the previous Friday's close, with a one-week change of -2.3%, a one-month change of +6.3%, and a one-year change of +66.8% [4][8]. - Gold's one-year gain was reported at 95.6% as of January 29 [4]. Market Dynamics - Lingering high interest rates tend to support a stronger dollar, which can limit demand for gold [3]. - Despite high prices, gold is seen as a recovering asset from decades of low prices and is increasingly popular among central banks and individual investors for diversification [10]. Investment Considerations - Investors are advised to view gold as a stabilizer in a diversified portfolio rather than a driver of high returns, with appropriate expectations and timelines to manage pricing risk [11]. - Gold is characterized as a speculative asset, influenced by unpredictable macroeconomic, political, and financial factors [12].

Gold (GC=F) April futures opened at $4,898.50 per troy ounce on Wednesday, down 0.2% from Tuesday’s closing price of $4,905.90. The gold price trended slightly higher in early trading. Gold declined last week after positive economic data lowered expectations for interest rate reductions this year. The next potential price catalysts to watch include the release of the FOMC minutes on Wednesday, PCE data on Friday, the Chinese holiday, and ongoing U.S.-Iran nuclear discussions, according to Ed Egilinksy, ...

Core Viewpoint - Shenzhen is implementing stricter regulatory measures to combat the rise of illegal activities in the gold market, with a focus on delineating prohibited behaviors for enterprises, individuals, and financial institutions [1] Group 1: Regulatory Measures for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-pricing, leveraged trading, and deferred trading through internet platforms [2] - Illegal fundraising activities under the guise of gold custody, leasing, or repurchase that promise fixed returns are banned [2] - Enterprises must not mislead consumers through false advertising or unauthorized claims regarding gold products [2][3] - The use of non-precious materials to impersonate pure gold is strictly forbidden [3] Group 2: Regulatory Measures for Individuals - Individuals are not allowed to organize or participate in illegal gold trading or fundraising activities [4] - Development and sale of illegal gold trading software or applications are prohibited for individuals [4] Group 3: Regulatory Measures for Financial Institutions - Financial institutions must not conduct gold business without proper regulatory approval and must adhere to reporting requirements for large and suspicious transactions [6] - Financial institutions and non-bank payment agencies are prohibited from providing services to illegal operators in the gold market [6] Group 4: Previous Illegal Cases - The Shenzhen Financial Office previously highlighted three illegal cases involving gold trading, including fraudulent schemes that misled consumers into investing in gold without actual delivery [7] - Specific examples include a gold dealer enticing consumers to sign contracts for gold purchases without delivering the physical gold, leading to illegal investment activities [8]

Core Viewpoint - Gold and silver futures experienced a rally as investors evaluated the potential for Federal Reserve rate cuts alongside ongoing geopolitical tensions [1] Group 1: Market Reactions - Investors are closely monitoring the likelihood of Federal Reserve rate cuts, which is influencing the performance of gold and silver futures [1] - The geopolitical tensions are also contributing to the increased interest in precious metals as a safe-haven investment [1]

Group 1 - Gold futures experienced an increase on Monday, driven by the volatility of the yellow metal amid overseas uncertainties [1]

Group 1: Gold Price Trends - The opening price of gold futures on Thursday was $5,107.30 per troy ounce, reflecting a 0.2% increase from Wednesday's closing price of $5,098.50 [1] - Gold's one-year gain as of January 29 was 95.6%, with a weekly increase of 2% and a monthly increase of 11.5% [5][10] Group 2: Economic Indicators Impacting Gold - The gold price softened following stronger-than-expected January jobs data, with the U.S. economy adding 130,000 jobs, surpassing the expected growth of 55,000 [2] - The unemployment rate decreased to 4.3% in January from 4.4% in December, while inflation was reported at 2.7% in December [2][3] Group 3: Interest Rates and Gold Demand - A recovery in the labor market may delay interest-rate cuts from the Federal Reserve, which could negatively impact gold's short-term outlook [3] - High interest rates increase the opportunity costs associated with holding gold, potentially limiting demand for the metal [3]

Gold and Silver Pare Gains After Strong StartCONCLUDED[Stock Market News From Feb. 4, 2026: Nasdaq Falls Again After Brutal Tech Selloff]Last Updated:---1 day ago# Gold and Silver Pare Gains After Strong StartByKirk Maltais, Dow Jones NewswiresBoth gold and silver futures hit the ground running in early trading, but pared gains as the day advanced.Front-month gold futures settle 0.3% higher to $4,920.40 a troy ounce, while silver rises 1.4% to $84.165/oz.While it's the second-consecutive higher close for bo ...

Group 1: Gold Market Insights - Gold futures have recently stabilized around $4,900 per ounce after a period of volatility, with analysts maintaining a bullish outlook for the long term, projecting prices could reach $5,400 per troy ounce by the end of 2026 due to central bank accumulation and increased gold ETF purchases [1][2] - Year-to-date, gold prices have increased approximately 14%, indicating a strong performance despite recent fluctuations [6] Group 2: Silver Market Dynamics - Silver has experienced significant volatility, with a dramatic drop of over 30% last Friday, but has rebounded by 8% for two consecutive days, currently hovering near $90 per ounce [3][5] - Analysts from Goldman Sachs advise caution for volatility-averse clients due to a shortage of readily available silver in the London market, which is contributing to price instability [4] - JPMorgan forecasts a price floor for silver at around $75-80 per ounce this year, suggesting that the metal is unlikely to lose its recent gains [5]