Gold ticks up as trade tensions rise

Gold futures (GC = F) opened at $ 3,323 an ounce on Monday, an increase of 1 % of the end of Friday, of $ 3,288.90. In early trading, the price of gold today remains less than its highest levels of more than $ 3400, which was achieved in early May and the second half of April.

president Donald Trump’s trade war continues to influence financial markets. S& P 500 and Dow Jones futures fell on Monday after the Chinese Ministry of Trade said it would discuss against the United States for violating the trade deal. Weak expectations of stocks often increase future gold contracts, as investors seek a shelter in the safest assets.

The opening price of gold contracts on Monday increased by 1 % of the end of Friday, of $ 3,288.90. The opening price on Monday will be almost flat over the past week, compared to the opening price of $ 3,328 on May 23. Last month, the price of gold contracts increased by 2.6 % compared to $ 3,239.90 on May 2.

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Investing in gold is a process of four steps:

1. Set your goal

2. Determination setting

3. Choose a model

4. Consider your investment schedule

The first step to invest in gold is to understand your goals to buy them.

Given the historical behavior of gold, there are three appropriate investment goals for a golden position:

1. Diversification in an independent origin from stock prices

2. Protection from the loss of purchase of inflation

3. The source of the backup of value and wealth in an unlikely economic collapse

Gold has always been part of a balanced wallet due to its ability to keep the value of its value – or even increase – when the value of other assets decreases. This is why investors use gold as a stabilization. Investors depend on the strength of gold in difficult times to reduce the unrealized losses in stocks and reductions related to inflation in the power to buy cash deposits. This is exactly what we see now in front of our eyes.

Gold is also a large -scale recognized store. As such, the precious metal can stand as a way to exchange if the dollar collapses.

“Coinage” Magazine, in an interview with Bottlely, INC. , “I recommend that everyone buy a little gold as a hedge against the disaster.”

Learn more: How to invest in gold in four steps

Whether you are tracking the price of gold since last month or last year, the gold price drawing below shows the fixed ups in the fixed minerals in the value.

Historically, gold showed the courses extending up and down. The precious metal was in the growth phase from 2009 to 2011. Then he went down, and failed to put a new new level for nine years.

In those dull years of gold, your situation will negatively affect the overall investment returns. If this feels problems, the low allocation rate is more convenient. On the other hand, you may be ready to accept the weak years of gold so that you can benefit more in good years. In this case, you can target a higher percentage.

The precious metal was in the news recently, and many analysts are optimistic about gold. In May, Goldman Sachs Research expected to reach $ 3700 an ounce by the end of the year 2025. This is equivalent to a 40 % increase for this year, based on the opening price in Gold 2 January of $ 2,633. The high demand from central banks, in addition to uncertainty about changing the policy of American tariffs, is the factors that drive the increase.

If you are interested in learn more about the historical value of Gold, Yahoo Finance has followed the historical price of gold since 2000.