Gold steadied above $4,300 an ounce on Tuesday after Iran and Israel agreed to halt attacks against each other, alleviating fears of a wider escalation that raises energy-driven inflationary risks. President Donald Trump also said both sides were seeking an immediate ceasefire and that final negotiations were moving forward. Still, bullion remained near its lowest level since late March as the dollar and Treasury yields rallied following stronger-than-expected US jobs data, reinforcing expectations that the Federal Reserve could raise interest rates by year-end. Markets are now pricing in roughly a 70% chance of a quarter-point rate increase in December. Investors are also awaiting US CPI and PPI data later this week for fresh signals on the Fed’s policy outlook.

Gold rose to 4,334.26 USD/t.oz on June 9, 2026, up 0.40% from the previous day. Over the past month, Gold's price has fallen 8.48%, but it is still 30.24% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gold reached an all time high of 5608.35 in January of 2026. Gold - data, forecasts, historical chart - was last updated on June 9 of 2026.

Gold rose to 4,334.26 USD/t.oz on June 9, 2026, up 0.40% from the previous day. Over the past month, Gold's price has fallen 8.48%, but it is still 30.24% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold is expected to trade at 4355.60 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4712.13 in 12 months time.



Price Day Month Year Date
Gold 4,337.08 20.12 0.47% -8.42% 30.32% Jun/09
Silver 67.68 -0.459 -0.67% -21.38% 85.04% Jun/09
Copper 6.31 0.0062 0.10% -1.65% 29.35% Jun/09
Steel 3,131.00 -5.00 -0.16% -3.27% 6.03% Jun/09
Lithium 163,750.00 750 0.46% -16.13% 171.78% Jun/08
Platinum 1,760.30 9.00 0.51% -17.21% 44.62% Jun/09
Iron Ore 101.05 -0.95 -0.93% -9.31% 5.68% Jun/08



Related Last Previous Unit Reference
United States Gold Reserves 8133.46 8133.46 Tonnes Mar 2026
Russia Gold Reserves 2304.75 2326.52 Tonnes Mar 2026
Italy Gold Reserves 2451.84 2451.87 Tonnes Mar 2026
India Gold Reserves 880.52 880.18 Tonnes Mar 2026
Germany Gold Reserves 3350.25 3350.25 Tonnes Mar 2026
France Gold Reserves 2437.00 2437.00 Tonnes Mar 2026
China Gold Reserves 2313.46 2306.30 Tonnes Mar 2026
United States Inflation Rate 3.80 3.30 percent Apr 2026
United States Fed Funds Interest Rate 3.75 3.75 percent May 2026

Gold
Gold is one of the most widely followed precious metals and is often regarded as a safe-haven asset during periods of economic uncertainty, inflation, and geopolitical risk. It plays a dual role as both an investment and a consumer good, with demand driven by financial markets, jewelry consumption, and industrial use. Gold is primarily traded on the over-the-counter London market, as well as on major exchanges such as the COMEX and the Shanghai Gold Exchange (SGE). Standard futures contracts typically represent 100 troy ounces. Globally, gold demand is led by jewelry consumption, followed by investment demand and a smaller share from industrial applications. On the supply side, China, Australia, the United States, South Africa, Russia, Peru, and Indonesia are among the largest producers. Major consumers of gold jewelry include India, China, the United States, Turkey, Saudi Arabia, Russia, and the United Arab Emirates. Gold prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
4334.26 4316.96 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Finds Support on Ceasefire Optimism
Gold steadied above $4,300 an ounce on Tuesday after Iran and Israel agreed to halt attacks against each other, alleviating fears of a wider escalation that raises energy-driven inflationary risks. President Donald Trump also said both sides were seeking an immediate ceasefire and that final negotiations were moving forward. Still, bullion remained near its lowest level since late March as the dollar and Treasury yields rallied following stronger-than-expected US jobs data, reinforcing expectations that the Federal Reserve could raise interest rates by year-end. Markets are now pricing in roughly a 70% chance of a quarter-point rate increase in December. Investors are also awaiting US CPI and PPI data later this week for fresh signals on the Fed’s policy outlook.
2026-06-09
Gold Remains Close to Over Two-Month Low
Gold trimmed earlier losses to trade at $4,330 an ounce on Monday, after hitting its lowest since March 23 but remaining near its weakest close since late last year, as investors assessed the latest Middle East developments. Israel agreed to halt strikes on Iran at US President Donald Trump’s request but vowed to continue heavy bombing in Lebanon. Meanwhile, tensions escalated along the Israel-Lebanon border, with mutual shelling reported. Earlier, Trump had called for an immediate ceasefire, and Tehran paused its operations against Israel while warning against strikes on southern Lebanon. Higher oil prices, inflation concerns and a robust US jobs report last week increased expectations of a Federal Reserve rate hike, with markets now assigning a 70% probability to a December increase, up from 45% a week earlier, per the CME FedWatch tool. Investors are now looking to key inflation data, such as Wednesday’s CPI and Thursday’s PPI, for further insights into monetary policy.
2026-06-08
Gold Extends Fall on Middle East Escalation
Gold slipped below $4,300 an ounce on Monday, falling to its lowest level in more than two months after Iran and Israel exchanged missile strikes, raising concerns that the latest escalation could undermine President Donald Trump's efforts to secure a new 60-day ceasefire agreement with Tehran. Trump urged both sides to avoid further military action and reiterated that negotiations remain ongoing. Meanwhile, the prolonged conflict and the continued near-closure of the Strait of Hormuz have disrupted energy supplies from the Persian Gulf, supporting higher oil prices and heightening inflation concerns. At the same time, stronger-than-expected US employment data weighed on bullion by reinforcing expectations that the Federal Reserve could raise interest rates later this year. Markets are now pricing in roughly a 70% chance of a Fed rate hike in December, up from around 50% before the jobs report.
2026-06-08