G0ld price today

Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day's top stories directly to your inbox. Sign up here! The highly anticipated inflation report revealed a contradictory outlook for the U.S. On the surface, inflation cooled to a 4% annual rate, marking the lowest level in more than two years. However, the core CPI number, which the Fed pays closer attention to because it strips out volatile food and energy prices, ran at a pace of 5.3%, down from 5.5% but slightly hotter than market consensus calls. Analysts remain cautious despite cooling inflation, which unlocks a pause option for the Fed. "Today's data should lock in a pause at the June FOMC meeting, i.e. no rate hike," said Wells Fargo's economists Sarah House and Michael Pugliese. "However, we expect Chair Powell's press conference and the latest Summary of Economic Projections to signal that one more rate hike is still in the cards." And if the Fed is still dealing with core inflation between 3% and 3.5% at the end of the year, markets won't be expecting rate cuts any time soon either. "Directional progress should not be confused with mission accomplished," House and Pugliese added. "There is a lot of ground to cover between the 5.0% run rate of core inflation today and the FOMC's 2% goal." After the CPI data on Tuesday, markets were projecting a 92% chance of a pause on Wednesday and a 60% chance of a 25-basis-point hike in July, accor...

Amount USD 1 ounce 1,964.64 2 ounce 3,929.27 3 ounce 5,893.91 4 ounce 7,858.55 5 ounce 9,823.18 6 ounce 11,787.82 7 ounce 13,752.46 8 ounce 15,717.09 9 ounce 17,681.73 10 ounce 19,646.37 20 ounce 39,292.73 30 ounce 58,939.10 40 ounce 78,585.46 50 ounce 98,231.83 60 ounce 117,878.19 70 ounce 137,524.56 80 ounce 157,170.92 90 ounce 176,817.29 100 ounce 196,463.65 200 ounce 392,927.31 300 ounce 589,390.96 400 ounce 785,854.62 500 ounce 982,318.27 600 ounce 1,178,781.93 700 ounce 1,375,245.58 800 ounce 1,571,709.23 900 ounce 1,768,172.89 1000 ounce 1,964,636.54 Gold Price in Major Cities of United States USD/oz New York City 1,965 Los Angeles 1,965 Chicago 1,965 Brooklyn 1,965 Houston 1,965 Queens 1,965 Philadelphia 1,965 Phoenix 1,965 Manhattan 1,965 San Antonio 1,965

The price of gold today, as of 8:17 am ET, was $1,966 per ounce. That’s up 0.04% from yesterday’s gold price of $1,965. Compared to last week, the price of gold is up 0.36%, and it’s down 4.25% from one month ago. The 52-week gold price high is $2,053, while the 52-week gold price low is $1,940. Gold Prices Today Gold Price Chart How to Invest in Gold Many investors consider gold to be the ultimate safe-haven asset. When the prices of stocks, bonds and real estate drop sharply, gold may hold its value—and can even appreciate as nervous investors rush in to buy. Owning gold is also a way to add There are many ways to invest in gold. Each has its own pros and cons. • Gold bars. More commonly known as bullion, gold bars are a popular choice for buying gold. Bullion is typically sold by gram or ounce. Purity, manufacturer and weight should be stamped on the face of the bar. • Gold coins. The American Gold Eagle and the Canadian Maple Leaf are popular • Gold jewelry. Like gold coins, you’ll probably be paying extra for gold when you buy it in the form of jewelry—a premium that could be anywhere from 20% to 300%, depending on the manufacturer. • • Gold futures contracts. Futures are • Gold funds. There are a range of different Should You Invest in Gold? You should Over the past five years, the price of gold has appreciated approximately 36% while the total return of the S&P 500 has been 60%. Gold prices can be extremely volatile, and that means that gold isn’t an ent...

• Stock market rally reminiscent of what led up to 2008 crisis • Druckenmiller warns there are ‘more shoes to drop’ • China’s gold binge extends to seventh month as holdings climb • Wall Street economists are increasingly less worried about a 2023 recession • Forget inflation – deflation is the real danger • Forget a shooting match, economic warfare is enough to impoverish most of us • Notable Quotable • Experts say the stock market is in a bull market. What bull market? • Return of El Nino threatens new levels of economic destruction • Dalio says US at beginning of ‘late, big-cycle debt crisis’ Rated by FeedSpot one of the top ten gold blogs USAGOLD