Gold futures price is holding at $2

Gold futures price is holding at $2,340 with low intraday volatility. Technical indicators like RSI remain neutral, suggesting consolidation before the next price move, potentially influenced by upcoming inflation figures. Gold is a highly liquid asset, meaning its standardized weight and purity make it easily tradable, and it does not carry credit risk. In those lackluster years for gold, your position will negatively impact your overall investment returns. If that feels problematic, a lower allocation percentage is more appropriate. On the other hand, you may be willing to accept gold's underperforming years so you can benefit more in the good years. In this case, you can target a higher percentage. Gold futures price dipped slightly to $2,331 after a stronger U.S. dollar session. Traders are eyeing this week’s jobless claims for clues about future Fed policy. Technical support sits firmly at $2,320, a level tested multiple times since mid-May.