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Gold price today, Wednesday, December 10: Gold holds near $4,200, 2.8% below all-time high
Yahoo Finance· 2025-12-08 12:41
Gold Price Overview - Gold futures opened at $4,237.50 per troy ounce, slightly above Tuesday's closing price of $4,236.20, and 2.8% below the all-time high of $4,358 reached in October [1] - The price of gold has remained stable over the past week as traders await a Federal Reserve decision and economic data that will influence 2026 expectations [2] Analyst Expectations for Gold Prices - Analysts from Deutsche Bank and Heraeus predict gold prices may remain below $4,000, while J.P. Morgan Private Bank suggests prices could rise to $5,300 per ounce next year [3] Historical Price Changes - Gold's one-year gain as of November 14 was 63.4%, with a weekly increase of 0.5% and a monthly increase of 4.4% [4][8] Investment Options in Gold - Common investment options in gold include physical gold, gold mining stocks, gold ETFs, and gold futures [9] - Each investment type has its own advantages and disadvantages, impacting investor decisions [10][12][18][22] Physical Gold - Advantages include tangibility, ease of purchase, and no ongoing fees [10][16] - Disadvantages involve risks of theft or loss and lower liquidity compared to stocks or ETFs [16] Gold Mining Stocks - Advantages include greater liquidity and no storage requirements [17] - Disadvantages consist of higher volatility and lack of utility as a medium of exchange [17] Gold ETFs - Advantages include ease of storage, greater liquidity, and direct ties to gold prices [21] - Disadvantages involve fund fees that can dilute returns and lack of utility in emergencies [21] Gold Futures - Gold futures allow control over large amounts of gold with low capital outlay but carry high risk and complexity [22]