Actual
4,432.58
Daily Change
97.66 2.25%
Monthly
10.59%
Yearly
32.51%
Q3 Forecast
4,426.71
Gold - Summary

Gold traded around $4,350 an ounce on Wednesday after dropping nearly 2% in the previous session, pressured by elevated global bond yields amid growing fiscal concerns and persistent inflationary pressures. The 30-year US Treasury yield reached a 19-year high this week, while sovereign yields across other major economies also climbed to their highest levels in decades. The precious metal also faced pressure from rising oil prices as the US and Iran showed little indication of reaching an agreement to end the conflict and reopen the Strait of Hormuz in the near term. President Donald Trump said there were no ongoing talks with Tehran, while Iranian forces have intensified attacks on shipping in the Strait of Hormuz. Investors now await minutes from the Federal Reserve’s July meeting and remarks from Chairman Kevin Warsh at the annual Jackson Hole symposium for fresh clues on the monetary policy outlook.

Gold - Stats

Gold rose to 4,438.91 USD/t.oz on August 19, 2026, up 2.40% from the previous day. Over the past month, Gold's price has risen 10.75%, and is up 32.70% 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 19 of 2026.

Gold - Forecast

Gold rose to 4,438.91 USD/t.oz on August 19, 2026, up 2.40% from the previous day. Over the past month, Gold's price has risen 10.75%, and is up 32.70% 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 4426.71 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 4790.30 in 12 months time.



Price Day Month Year Date
Gold 4,432.58 97.66 2.25% 10.59% 32.51% Aug/19
Silver 64.66 1.337 2.11% 14.66% 70.55% Aug/19
Copper 6.45 -0.0332 -0.51% 2.39% 45.82% Aug/19
Steel 3,017.00 -13.00 -0.43% -1.73% -3.83% Aug/19
Lithium 151,650.00 -1850 -1.21% 0.10% 76.99% Aug/19
Platinum 1,763.90 30.10 1.74% 9.97% 32.20% Aug/19
Iron Ore 95.28 0.33 0.35% -3.47% -6.19% Aug/18



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
4438.91 4334.92 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Holds Decline on Bond Jitters
Gold traded around $4,350 an ounce on Wednesday after dropping nearly 2% in the previous session, pressured by elevated global bond yields amid growing fiscal concerns and persistent inflationary pressures. The 30-year US Treasury yield reached a 19-year high this week, while sovereign yields across other major economies also climbed to their highest levels in decades. The precious metal also faced pressure from rising oil prices as the US and Iran showed little indication of reaching an agreement to end the conflict and reopen the Strait of Hormuz in the near term. President Donald Trump said there were no ongoing talks with Tehran, while Iranian forces have intensified attacks on shipping in the Strait of Hormuz. Investors now await minutes from the Federal Reserve’s July meeting and remarks from Chairman Kevin Warsh at the annual Jackson Hole symposium for fresh clues on the monetary policy outlook.
2026-08-19
Gold Eases in Broad Metals Retreat
Gold eased below $4,400 an ounce on Tuesday, reversing earlier gains amid a broad pullback across the metals market as global bond yields surged to multi-year highs on mounting concerns over massive government spending and persistent inflationary pressures. Metals also faced pressure from rising oil prices, which kept inflationary risks and interest rate concerns in focus. The moves came as prospects for a new agreement between the US and Iran dimmed after President Donald Trump said he was not interested in extending the interim peace deal. Meanwhile, gold continued to find support from fading expectations for a Federal Reserve rate hike following a string of weak US economic data. Markets now expect the Fed to keep policy unchanged in September and are no longer fully pricing in a rate increase by year-end, unlike just a week ago. Bullion also remained supported by stronger investment demand and continued central bank purchases, particularly from China.
2026-08-18
Gold Holds Firm as Fed Rate Hike Bets Ease
Gold held above $4,400 an ounce on Tuesday after advancing for two straight sessions, supported by fading expectations for a Federal Reserve rate hike following a string of weak US economic data. Markets now expect the Fed to keep policy unchanged in September and are no longer fully pricing in a rate increase by year-end, unlike just a week ago. Investors are now awaiting the minutes of the Fed’s July meeting and comments from Chairman Kevin Warsh at the annual Jackson Hole symposium for further clues on the policy outlook. Meanwhile, traders remained wary of inflation risks as prospects for a new agreement between the US and Iran dimmed after President Donald Trump said he was not interested in extending the interim peace deal. Elsewhere, gold continued to benefit from stronger investment demand and ongoing central bank purchases, particularly from China.
2026-08-17