Actual
4,620.87
Daily Change
-37.24 -0.80%
Monthly
13.33%
Yearly
35.99%
Q3 Forecast
4,653.07
Gold - Summary

Gold eased below $4,650 an ounce on Wednesday, but stayed close to three-month highs as investors awaited the latest US PCE price index report, the Federal Reserve’s preferred measure of inflation. Attention is also turning to Fed Chair Kevin Warsh’s speech at the annual Jackson Hole symposium on Friday, although he is not expected to provide clear guidance on the central bank’s policy decision in September. Investors continued to assess the US Treasury’s decision to double liquidity-support buyback operations for longer-dated notes and bonds, a move that helped push the dollar to a more than three-month low last week. Meanwhile, oil prices fell for a third consecutive session, easing inflation concerns and further supporting the bullish outlook for gold. Elsewhere, China’s net gold imports through Hong Kong rose around 11% month-over-month in July, supported by stronger investment demand.

Gold - Stats

Gold fell to 4,622.58 USD/t.oz on August 26, 2026, down 0.76% from the previous day. Over the past month, Gold's price has risen 13.37%, and is up 36.04% compared to the same time last year, 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 August 26 of 2026.

Gold - Forecast

Gold fell to 4,622.58 USD/t.oz on August 26, 2026, down 0.76% from the previous day. Over the past month, Gold's price has risen 13.37%, and is up 36.04% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold is expected to trade at 4653.07 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 5044.13 in 12 months time.



Price Day Month Year Date
Gold 4,620.87 -37.24 -0.80% 13.33% 35.99% Aug/26
Silver 68.55 -0.043 -0.06% 17.38% 77.64% Aug/26
Copper 6.71 -0.0008 -0.01% 5.72% 51.84% Aug/26
Steel 3,076.00 12.00 0.39% 0.49% -0.81% Aug/26
Lithium 152,750.00 -4250 -2.71% 4.27% 87.23% Aug/26
Platinum 1,868.70 7.20 0.39% 14.49% 39.61% Aug/26
Iron Ore 95.40 0.06 0.06% -3.00% -6.04% Aug/25



Related Last Previous Unit Reference
United States Gold Reserves 8133.46 8133.46 Tonnes Jun 2026
Russia Gold Reserves 2282.98 2304.75 Tonnes Jun 2026
China Gold Reserves 2346.43 2313.46 Tonnes Jun 2026
India Gold Reserves 880.52 880.52 Tonnes Jun 2026
Germany Gold Reserves 3350.25 3350.25 Tonnes Mar 2026
France Gold Reserves 2437.00 2437.00 Tonnes Mar 2026
Italy Gold Reserves 2451.84 2451.87 Tonnes Mar 2026
United States Inflation Rate 3.40 3.50 percent Jul 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jul 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
4622.58 4658.11 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Eases Ahead of US PCE Inflation Data
Gold eased below $4,650 an ounce on Wednesday, but stayed close to three-month highs as investors awaited the latest US PCE price index report, the Federal Reserve’s preferred measure of inflation. Attention is also turning to Fed Chair Kevin Warsh’s speech at the annual Jackson Hole symposium on Friday, although he is not expected to provide clear guidance on the central bank’s policy decision in September. Investors continued to assess the US Treasury’s decision to double liquidity-support buyback operations for longer-dated notes and bonds, a move that helped push the dollar to a more than three-month low last week. Meanwhile, oil prices fell for a third consecutive session, easing inflation concerns and further supporting the bullish outlook for gold. Elsewhere, China’s net gold imports through Hong Kong rose around 11% month-over-month in July, supported by stronger investment demand.
2026-08-26
Gold Retreats from Three-Month High
Gold prices fell to around $4,620 an ounce on Tuesday after reaching a more than three-month high of $4,696.2 earlier in the session, as the rally lost momentum ahead of US inflation data and Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole Symposium later this week. Investors are also assessing the US Treasury’s decision to double liquidity-support buyback operations for longer-dated notes and bonds, which helped push the dollar to a more than three-month low last week. Markets are currently pricing in a 38% chance of a US rate hike in September, according to the CME FedWatch Tool. Meanwhile, China’s net gold imports via Hong Kong rose around 11% month-over-month in July, supported by stronger investment demand. On the geopolitical front, Iran pledged to resist expanded US sanctions, expressing confidence that major trading partners would reject the pressure campaign while signaling that Washington remained interested in reviving talks.
2026-08-25
Gold Holds Near 3-Month Highs
Gold traded around $4,650 an ounce on Tuesday, staying close to its highest levels in more than three months as US government interventions in the bond market revived the so-called debasement trade that fueled gold’s 65% rally in 2025. The US Treasury Department announced an expansion of its buyback program for long-dated government debt last week in an effort to contain rising borrowing costs, with Secretary Scott Bessent saying he is prepared to increase the buybacks further while also flagging an upcoming longer-term fiscal plan. However, markets speculated that the measures may offer only a temporary solution, while renewing concerns over the risks of a US debt crisis, persistent inflation and dollar weakness. Gold-backed exchange-traded funds have also recorded increased inflows in recent weeks, signaling broader market participation and strengthening investment demand.
2026-08-25