Gold Opens at $2,998.30

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gold spot prices

Yahoo Finance

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Entertainment

Gold price today, Wednesday, April 9, 2025: Gold prices rise slightly

Summary

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70% Informative

Gold opened trading Wednesday at $ 2,998.30 , slightly higher than yesterday 's closing price.

President Trump 's global tariff announcement weakened gold's recent rally.

The S&P 500 is down 10.7% since the opening bell on April 2 .

Gold is up 38% over the past year relative to the opening price of $ 2.167.30 on March 8, 2024 .

If that feels problematic, a lower allocation percentage is more appropriate. On the other hand, you may be willing to accept gold's underperforming years so you can benefit more in the good years . In this case, you can target a higher percentage. The precious metal has been in the news lately and many analysts are bullish on gold. In February , Goldman Sachs expected gold to gain another 8% in 2025 , after surging more that 40% in 2024 . It's already blown past that 8% mark. Worries about tariffs and their impact on the U.S. economy are a primary factor..

VR Score

Informative language

Neutral language

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informal

Language

English

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not offensive

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not hateful