Gold and silver prices today, Monday, April 20: Gold rebounds early, silver stays flat, as U.S.-Iranian tensions flare yet again

Gold (GC=F) June futures opened astatine $4,764.90 per troy ounce connected Monday, 2.4% little than Friday’s closing terms of $4,879.60. Gold rebounded successful aboriginal trading, rising to $4,818.40 by 6:35 a.m. ET.

Silver (SI=F) May futures opened astatine $79.49 per ounce connected Monday, 2.9% little than Friday’s closing terms of $81.84. The terms of metallic was small changed successful aboriginal trading, edging up to $79.52 by 6:35 a.m. ET.

The golden terms contiguous started a spot volatile arsenic markets commencement the week reacting to escalating U.S.–Iran tensions, with safe-haven request supporting an aboriginal terms rebound adjacent arsenic ostentation risks complicate the interest-rate outlook successful the weeks and months ahead.

The terms of metallic contiguous is much stable, clinging to a choky scope adjacent to $80 an ounce.

Unfortunately, the geo-political concern successful Iran isn’t excessively acold disconnected from wherever we started past week. Last weekend, President Trump ordered a blockade of the Strait of Hormuz aft bid talks with Iran collapsed. This weekend, aft bid talks seemed to beryllium advancing connected Friday, the U.S. seized and seemingly damaged an Iranian vessel yesterday. Escalating tensions successful the Middle East proceed to support traders connected edge, with inflationary pressures squarely backmost connected lipid prices.

The opening terms of golden futures connected Monday was 2.4% little than Friday’s close. Here’s a look astatine however the opening golden terms has changed versus past week, month, and year:

• One week ago: +1.3%

• One period ago: +1.7%

• One twelvemonth ago: +42.4%

The one-year summation for golden was 95.6% connected Jan. 29.

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The opening terms of metallic futures connected Monday was down 2.9% from Friday’s close. Here’s however the opening metallic terms has changed versus past week, month, and year: 

• One week ago: +9.2%

• One period ago: +10.5%

• One twelvemonth ago: +145.8%

Learn more: How to put successful silver: A beginner’s guide

The terms of golden tin beryllium quoted successful aggregate forms due to the fact that the precious metallic is traded successful antithetic ways. The 2 main golden prices investors should cognize astir are spot prices and golden futures prices.

Learn more: How to put successful golden successful 4 steps

The spot terms of golden is the existent marketplace terms per ounce for carnal golden arsenic a earthy material, sometimes called spot gold. Gold ETFs that are backed by carnal golden assets mostly way the golden spot price.

The spot terms is little than what you’d wage to bargain golden coins, bullion, oregon jewelry, since your full terms volition see a markup called the golden premium that covers refining, marketing, trader overhead, and profits. The spot terms is much similar a wholesale price, and the spot terms positive the golden premium is the retail price.

Learn more: Thinking of buying gold? Here's what investors should ticker for.

Gold futures are contracts that mandate a golden transaction astatine a circumstantial terms connected a aboriginal date. These contracts are exchange-traded and much liquid than carnal gold. They settee connected the declaration expiration day oregon earlier, either financially oregon via delivery. A fiscal currency colony involves paying the contract’s nett oregon nonaccomplishment successful cash. Delivery means the seller sends carnal golden to the purchaser for the contracted price.

Supply and request find golden spot prices and golden futures prices. Factors that power golden proviso and request include:

1. Geopolitical events

2. Central slope buying trends

3. Inflation

4. Interest rates

5. Mining production

Learn more: Who decides what golden is worth? How prices are determined.

Whether you’re tracking the terms of golden and metallic since past period oregon past year, the terms of golden and metallic charts beneath amusement the precious metals’ alteration successful value.

More metallic sum from the Yahoo Finance team: 

• Silver terms volatility: What to cognize and however to put successful 2026

• Silver vs. gold: Which metallic made investors much wealth successful the past 50 years?

• ​​Gold alternatives? How to put successful silver, platinum, and palladium.

• Why is metallic outperforming gold? What to cognize earlier you invest.

• 3 predictions astir metallic prices successful the adjacent decade

• How to put successful metallic successful 5 steps