GC=F
Gold front-month futures — the classic safe haven
Official name: Gold Front-Month Futures
Latest value
4787.3999
as of 2026-04-10
All-time percentile
99th
1-year change
+51.7%
Time series
Showing 629 of 1 257 data points
About this series
Front-month Gold futures contract price (COMEX, traded at CME). The most liquid way to get spot-like gold exposure in US markets. Daily close from Yahoo Finance.
Why it matters: Gold is the traditional safe haven asset — it tends to rise when investors are worried about inflation, currency debasement, geopolitical stress, or banking crises. It also has a low (sometimes negative) correlation with equities, making it useful for portfolio diversification. For long-term investors, the direction of gold often echoes sentiment about real yields and central bank credibility.
How to read it: Look at gold alongside real yields (DGS10 minus T10YIE). Historically, gold trades inversely to real yields — when real rates rise, gold falls, and vice versa. Breaks from that relationship often coincide with regime changes (inflation panic, currency debasement fears, geopolitical stress).
Caveats: This is futures, not spot. Includes roll yield from rolling contracts monthly (can be slightly negative in steep contango). For pure spot, GLD ETF or the London fix (FRED GOLDAMGBD228NLBM) are alternatives.