Gold prices tumbled 5% on Tuesday to mark their biggest daily drop in more than a decade as a stunning rally in precious metals came to a halt. Futures for the yellow metal ( GC=F) hovered near $4,141 per troy ounce, while spot gold declined to as low as $4,082, in its biggest one day drop in 12 years, according to Bloomberg data.

Gold Just Crossed $4,200 per Ounce. Here's How Much You Should Buy, According to Hedge Fund Legend Ray Dalio. Gold is a widely recognized store of value, so it's a popular hedge against inflation and economic uncertainty.

Gold surged to an all-time high of $4,035 per ounce on Wednesday as investors fled to safe-haven assets amid renewed political and economic turbulence in the United States. Key Takeaways: Gold hit a record $4,

A gold investment has historically been known for multiple benefits. A hedge against inflation is arguably its most well-known feature, thanks to a general ability to remain steady in value when inflation erodes the dollar's purchasing power. But a role as ...

Goldman Sachs’ recent analysis projected that by mid-2026, gold could reach $4,000 per ounce, in a “perfect storm” scenario, with the potential to climb to $5,000 per ounce if just 1% of privately invested funds in the U.S. Treasury market shifted into gold.

Gold recently pierced new record highs, topping $3,900 per ounce amid a surge in safe-haven demand. Key tailwinds include expectations of further U

Gold prices today fell on profit booking after bullion hit a fresh high in the previous session. Spot gold price eased 0.3% to $4,340.99 per ounce, having hit an all-time high of $4,381.21 on Monday.

Gold futures in New York jumped above the $4,000 mark Tuesday morning, reaching a record high. The going price for New York spot gold had previously closed at $3,960.60 per troy ounce — the standard for measuring precious metals — on Monday.

After surging nearly 50% so far this year, gold could skyrocket 150% as early as 2028 if its current pace keeps up. The precious metal topped $4,000 per ounce for the first time ever earlier this week,