{"id":349160,"date":"2026-03-20T13:20:13","date_gmt":"2026-03-20T13:20:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/349160\/"},"modified":"2026-03-20T13:20:13","modified_gmt":"2026-03-20T13:20:13","slug":"gold-remains-below-4700-as-rate-cut-hopes-fade","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/349160\/","title":{"rendered":"Gold remains below $4,700 as rate-cut hopes fade"},"content":{"rendered":"\n

Gold (GC=F<\/a>) April futures opened at $4,653.90 per troy ounce on Friday, up 1% from Thursday\u2019s closing price of $4,605.70. The gold price rose in early trading but is currently down 7.7% over the past five days.<\/p>\n

Gold\u2019s decline over the past week results from competing forces. A primary driver is the more hawkish tone of the Fed \u2014 given the recent spike in oil prices, the Fed is likely to keep interest rates elevated in the short-term. That makes gold more expensive to own relative to interest-bearing assets like cash. Lingering high borrowing costs plus high oil prices are also contributing to a stronger U.S. dollar, making gold more expensive in other currencies. The U.S. Dollar Index (DX-Y.NYB<\/a>) is currently down 0.2% over the past five days, but up 1.75% over the past month.<\/p>\n

\u00adLastly, the Iran war, which prompted the oil shock, has an unclear timeline. Geopolitical conflicts tend to increase safe-haven demand for gold, but the uncertainty of this war and its economic consequences may be too great. In that light, the liquidity and income of cash are potentially more appealing.<\/p>\n

The opening price of April gold futures on Friday was 1% higher than Thursday\u2019s close. Here\u2019s a look at how the gold price has changed versus last week, month, and year: <\/p>\n

One week ago: -8.6%<\/p>\n

One month ago: -7.7%<\/p>\n

One year ago: +52.7%<\/p>\n

On Jan. 29, gold\u2019s one-year gain was 95.6%.<\/p>\n

24\/7 gold price tracking: Don’t forget you can monitor the current price of gold on Yahoo Finance<\/a> 24 hours a day, seven days a week.<\/p>\n

Want to learn more about the current top-performing companies in the gold industry<\/a>? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.<\/p>\n

A gold investment can add stability and inflation protection to your portfolio. But it can also dilute your gains when stock prices are rising quickly. Finding the right balance between gold\u2019s diversification benefits and profiting from growth potential in other assets can be challenging.<\/p>\n

Even the experts are divided on how to achieve the correct balance. Below, five experts explain their recommended gold allocations, which range from 0% to 20%.<\/p>\n

Learn more: How to invest in gold in 4 steps<\/a><\/p>\n

Robert R. Johnson, professor at Creighton University\u2019s Heider College of Business, does not advocate gold investing. In his words, \u201cwhile having a small position in precious metals may dampen portfolio volatility in the short-run, the tradeoff between slightly dampened volatility and the lost long-term return is certainly not a prudent one, particularly for Gen Z\/millennials with long investing time horizons.\u201d<\/p>\n

Brett Elliott, director of content and SEO at American Precious Metals Exchange (APMEX), recommends setting an allocation that aligns with your investing goals.<\/p>\n

Growth-oriented investors may be comfortable with an allocation of 10% or 15%, according to Elliott. But income investors will prefer a smaller position, because gold provides no yield. A 2% to 5% gold allocation can provide some resiliency without an excessive drag on income potential.<\/p>\n

Learn more: Who decides what gold is worth? How gold prices are determined<\/a>.<\/p>\n

Blake McLaughlin, executive vice president at Axcap Ventures, said historical data support a gold allocation of 5% to 8%. \u201cGold may not offer the outsized return potential of private investments, but the metal holds a set of attributes that are increasingly hard to ignore,\u201d according to McLaughlin. Those attributes include the metal\u2019s resilience amid economic uncertainty and geopolitical unrest.<\/p>\n

Thomas Winmill, portfolio manager at Midas Funds, believes most investors will benefit from a long-term gold allocation of 5% to 15%. Winmill specifically advocates investing in gold mining companies<\/a> through a mutual fund.<\/p>\n

Your risk tolerance and current mix of financial versus hard assets can guide you to an appropriate allocation, according to Winmill.<\/p>\n

Risk tolerance: Keep your allocation percentage low if you tend to panic in volatile cycles.<\/p>\n

Financial vs. hard assets: Financial assets are stocks and bonds. Hard assets include tangible items like real estate, gold, collectibles, classic cars, and equipment. If you have no home equity and your wealth is primarily in financial assets, you can set your gold allocation higher. Or, if your home is paid for and more valuable than your stock portfolio, gold investing may not be necessary.<\/p>\n

Learn more: Thinking of buying gold? Here’s what investors should watch for.<\/a><\/p>\n

Vince Stanzione, CEO and founder at First Information, recommends a 20% gold allocation, specifically in physical gold or a gold ETF. Stanzione argues for a higher exposure to gold as a wealth protection strategy. As he says, \u201cgold keeps with inflation and gold retains its purchasing power,\u201d while paper currencies are devaluing around the world.<\/p>\n

Learn more: Gold IRA: Benefits, risks, and how it differs from a traditional IRA<\/a><\/p>\n

Whether you\u2019re tracking the price of gold since last month or last year, the price-of-gold chart below shows the precious metal\u2019s steady upward climb in value.<\/p>\n

Learn more: Gold alternatives? How to invest in silver, platinum, and palladium<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Gold (GC=F) April futures opened at $4,653.90 per troy ounce on Friday, up 1% from Thursday\u2019s closing price…\n","protected":false},"author":2,"featured_media":349161,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,99879,69766,72562,5177,85,46],"class_list":["post-349160","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-closing-price","tag-current-price-of-gold","tag-gold-investing","tag-gold-price","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/349160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=349160"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/349160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/349161"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=349160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=349160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=349160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}