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Covered Commodity Future

Gold

GC=F · Front-month continuous futures · USD per troy ounce

Current futures price$4,458.00
Current price$4,458.00
Daily return+2.7%
Weekly return+10.5%
Monthly return+8.6%
YTD return+3.1%
Contract monthDec 26
Contract expirationUnavailable
Rollover statusProvider-managed front-month continuous series; exact rollover methodology not supplied
Contract seriesFront-month continuous futures
UnitsUSD per troy ounce
CurrencyUSD
ProviderYahoo Finance delayed futures data
Timestamp

Historical chart

Gold historical futures price 5,438.704,877.304,315.903,754.503,193.102025-08-052025-10-032025-12-042026-02-052026-04-082026-06-092026-08-10 Date Futures price
2025-08-05 to 2026-08-10 · Range 3,313.40 to 5,318.40

AI-Assisted Chart Analysis

Gold technical analysis

Calculated from verified chart history for the selected tenor; no news or fundamental assumptions are used.

Technical only
Trend

Mixed trend: the latest level is above its 20-period average, without full long-term confirmation.

Momentum

RSI is 74, a extended reading. Above 70 can signal extension; below 30 can signal exhaustion.

Support scenario

The first technical watch zone is 3,985.60. A break below 3,985.60 invalidates the near-term support setup.

Resistance scenario

The first resistance/watch zone is 4,458.00. A confirmed break above 4,678.10 supports continuation.

Risk

Annualized realized volatility is +28.5%. Maximum lookback drawdown is -25.1%, from a high-water mark of 5,318.40 to 3,985.60.

Potential levels are conditional chart scenarios, not personalized advice or instructions to buy or sell.

Current signal

  • Gold futures (GC=F) are trading at 4388.6 USD per troy ounce, reflecting a 1.10% increase in the latest session.
  • The asset shows positive momentum with a 6.93% gain over the past month and an 8.80% increase over the past week.
  • Evidence limitations: The provided data lacks context on real yields, central bank policy, or physical demand flows, which are standard drivers for gold pricing.

What changed

  • Gold prices moved higher by 47.90 USD in the most recent session.
  • The contract has maintained a positive trajectory year-to-date, currently up 1.46%.
  • The current price level represents a continuation of the short-term upward trend observed over the last seven days.

Why it matters

  • The price appreciation suggests increased demand for the metal, though the lack of macroeconomic context prevents attributing this to specific safe-haven flows or inflation hedging.
  • Sustained price increases in gold often signal shifts in investor sentiment regarding risk assets or currency debasement, though this remains an inference without further data.
  • The current price action impacts producers and consumers of physical gold, though the specific impact on supply chains cannot be determined from the provided evidence.

Bullish factors

  • The asset is demonstrating strong short-term momentum with consistent gains over the one-week and one-month periods.
  • The price increase of 1.10% in the latest session indicates active buying interest at current levels.

Bearish factors

  • Evidence is insufficient to identify specific bearish factors or headwinds currently impacting the gold market.
  • The lack of data regarding real interest rates or dollar strength limits the ability to identify potential downside risks.

Key catalysts

  • Evidence is insufficient to identify specific catalysts driving current price action.
  • Future analysis requires data on central bank policy decisions or official inflation releases to establish causal catalysts.

Key risks

  • Evidence is insufficient to identify specific market risks.
  • The absence of positioning data or volatility metrics prevents an assessment of potential downside risk exposure.

Upcoming reports

  • No upcoming events are identified in the provided evidence packet.
  • Future updates will monitor official inflation and central-bank releases as per the configured monitors.

Latest verified updates

  • The provided evidence packet contains no verified updates regarding gold market fundamentals, supply, or demand.
  • The available news source is unrelated to commodity market fundamentals.

Sources

Yahoo Finance delayed futures data

Last updated: