Gold prices today were mostly flat. It's a quick break for the precious metal, which has been experiencing one of its most volatile weeks of 2016.
price of gold today
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The gold price per ounce is climbing this morning (Tuesday) as investors respond to news of a deadly terrorist attack in Brussels, Belgium.
Gold prices were trading up $9.40, or 0.76%, at $1,253.50 an ounce in midmorning trading amid a flight to safety.
Today's events have caused a temporary spike in the gold price per ounce, but we see other factors pushing gold higher in the long term. Before we get to those, here's how spot gold is trending today...
The price of gold is climbing more than 1% today, after more additional global monetary easing policies were announced. And we see the price of gold climbing much higher from here in 2016.
One of our top recommendations at Money Morning this year is that investors should buy gold in 2016. While gold prices have climbed already in 2016, there are two “flashing” signals that show the price of gold will climb even higher this year.
The price of gold climbed today (Thursday) as a sharp sell-off in China's stock market sent investors to the safe-haven asset.
Just after noon today, spot gold prices were trading up $10.90, or 0.89%, at $1,240.40 an ounce.
Gold prices today keep climbing, up 8% in the past week.
Spot gold traded around $1,238.50 last week.
Gold prices surged to a 12-month high above $1,240.00 an ounce Thursday as investors around the globe piled into safe-haven assets.
Spot gold prices were sharply higher in early trading, up as much as $45.50, or 3.8%, at $1,242.26 an ounce.
The price of gold today is climbing 1.5%, or $17, to $1,190 this morning, continuing a strong run for the precious metal. Gold prices have now climbed roughly 12% in 2016 and should continue to climb even higher...
The price of gold today is climbing as stocks continue to be extremely volatile.
But there have also been some significant developments on a macroeconomic basis that have driven gold higher in the past week.
Today's gold price hit a seven-week high as fresh geopolitical concerns sparked further safe-haven buying in the precious metal.
In early morning trading, today's gold price was up $14.20, or 1.32%, at $1,092.70 an ounce. Traders are closely watching to see if the precious metal can top $1,100, a level last seen on Nov. 4.
Gold prices today (Thursday) were mostly flat, meaning gold prices are now on pace to log their third consecutive annual loss.
In early morning trading of the last session of 2015, spot gold prices today were trading higher by $1.10, or 0.1%, to $1,062.10 an ounce. That followed an $8.20, or 0.8%, decline to $1,060.10 an ounce Wednesday.
Gold prices are in focus this week as the U.S. central bank prepares for its December meeting on Tuesday and Wednesday.
The U.S. Federal Reserve is widely expected to raise interest rates this week for the first in nearly a decade, and the move will have a big impact on gold prices. The market-implied odds of the first interest rate increase since June 2006 are roughly 81%.
The gold price today rose more than 1.4% in early trading to a 10-day high of $1,097.90.
Investors piled into the safe-haven asset Monday following the weekend attacks in Paris that killed at least 129 people.
The Fed has been moving the gold price today with speeches and speculation on an interest rate hike.
That and this gold industry report are giving us clues as to where gold prices are heading...
Our new gold price forecast today uses technical analysis to shed light on where gold's short- and mid-term price path is going.
Gold has had a bit of roller coaster action over the past few months. In October, the gold price did an almost complete round trip: It started the month around $1,107, blasted up to $1,185 by mid-month, and finally gave it all back by month's end.