Gold prices today, Tuesday, June 30: Hanging just above $4,000, but ready to ris

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Gold (GC=F) August futures opened at $4,032.50 per troy ounce on Tuesday, June 30, 2026, down 0.2% from Monday's closing price. The price of gold moved slightly higher this morning to $4,047.20 per troy ounce as of 7:41 a.m. ET.

There hasn't been much movement in gold prices over the last week. This morning's opening price puts gold back in line with where it was toward the end of last week.

Yet, despite recent struggles and near-term headwinds for the precious metal, Goldman Sachs believes, long term, gold can reach $4,900 an ounce thanks to continued demand from central banks around the globe:

Gold's (GC=F) disappointing performance over the past four months may not signal the end of the precious metal's rally this year.

"Gold is not done," Goldman Sachs co-head of global commodities research Samantha Dart said in a note on Sunday evening.

Noting the precious metal has gained 123% since 2022, Dart and her team wrote, "we continue to see further upside, driven by both structural and eventually cyclical factors."

Fuente original: Yahoo Finance (https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-tuesday-june-30-hanging-just-above-4000-but-ready-to-rise-115357985.html)