Gold
The world's oldest store of value and ultimate safe haven.
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Gold price per troy ounce (USD/oz). Based on the London monthly fix, so it may lag the current spot price by 1-2 months.
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What it is
A precious metal traded as a commodity in US dollars per ounce, used as a store of value for thousands of years.
Why it matters
It is often watched as a hedge against inflation and a safe haven during uncertainty, and it tends to move opposite to the US dollar.
How investors use it
Many investors hold a small allocation through a gold ETF or physical bullion for diversification rather than for growth.
What is Gold?
Gold is a precious metal that has been used as a store of value, a medium of exchange, and a symbol of wealth for thousands of years. In modern financial markets, it is traded as a commodity, quoted in US dollars per troy ounce, on exchanges around the world.
The price of gold is influenced by a wide range of factors: inflation expectations, interest rates, the strength of the US dollar, geopolitical uncertainty, and central bank demand. Gold typically moves inversely to the dollar. When the dollar weakens, gold tends to rise, and vice versa.
Investors access gold through physical bullion, gold ETFs like GLD and IAU, gold mining stocks, or futures contracts. Each method has different risk and cost characteristics. Gold ETFs are the most straightforward way for everyday investors to gain exposure without storing physical metal.
Why investors watch it
- Historically the most reliable safe-haven asset during market crashes, geopolitical crises, and recessions
- Often used as a hedge against inflation and currency devaluation. Gold has preserved purchasing power over centuries
- Central banks around the world hold gold as a reserve asset, reinforcing its long-term credibility and demand
- Tends to move opposite to the US dollar, making it a useful tool for portfolio diversification
- During periods of extreme uncertainty, investors tend to "flee to safety," often driving gold prices sharply higher
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Educational content only: The information on this page is for educational and informational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any security. Market data shown may be delayed and is provided for reference only. Always conduct your own research and consult a licensed financial professional before making investment decisions.