Gold rose nearly 1% to above $5,220 per ounce on Friday, testing 2-month highs as investors weighed aggressive US trade policy against sticky inflation data. Bullion remains supported by safe-haven demand after the administration invoked Section 122 to implement 10% global tariffs, with Trade Representative Jamieson Greer signaling a potential hike to 15% following the recent Supreme Court ruling. This protectionist shift, coupled with stalled US-Iran nuclear talks in Geneva and reports of a US Embassy departure advisory in Israel, has supercharged gold’s appeal as a systemic hedge. On the data front, January core producer prices jumped 0.8%, the steepest monthly increase since mid-2025. While this "hot" data supported the Dollar and pushed the first fully priced rate cut to July, gold remained resilient. Gains were further bolstered by a massive rotation out of AI-heavy equities and into long-duration Treasuries, sending the 10-year yield to four-month lows.

Gold rose to 5,278.01 USD/t.oz on February 27, 2026, up 1.80% from the previous day. Over the past month, Gold's price has fallen 2.62%, but it is still 84.75% 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 March 1 of 2026.

Gold rose to 5,278.01 USD/t.oz on February 27, 2026, up 1.80% from the previous day. Over the past month, Gold's price has fallen 2.62%, but it is still 84.75% 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 5315.28 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 5724.53 in 12 months time.



Price Day Month Year Date
Gold 5,278.01 93.19 1.80% -2.62% 84.75% Feb/27
Silver 93.82 5.546 6.28% -19.52% 201.37% Feb/27
Copper 6.00 0.0575 0.97% 1.34% 32.51% Feb/27
Steel 3,075.00 12.00 0.39% -1.57% -6.34% Feb/27
Lithium 172,000.00 -1000 -0.58% 0% 128.72% Feb/27
Platinum 2,373.50 133.90 5.98% -9.74% 152.23% Feb/27
Iron Ore 99.06 0.03 0.03% -6.41% -7.33% Feb/27



Related Last Previous Unit Reference
Russia Gold Reserves 2326.52 2329.63 Tonnes Dec 2025
Italy Gold Reserves 2451.87 2451.84 Tonnes Dec 2025
India Gold Reserves 880.18 880.18 Tonnes Dec 2025
China Gold Reserves 2306.30 2303.50 Tonnes Dec 2025
United States Gold Reserves 8133.46 8133.46 Tonnes Sep 2025
Germany Gold Reserves 3350.25 3350.25 Tonnes Sep 2025
France Gold Reserves 2437.00 2437.00 Tonnes Sep 2025
United States Inflation Rate 2.40 2.70 percent Jan 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jan 2026

Gold
Gold is mostly traded on the OTC London market, the US futures market (COMEX) and the Shanghai Gold Exchange (SGE). The standard future contract is 100 troy ounces. Gold is an attractive investment during periods of political and economic uncertainty. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. The gold prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our gold prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
5278.01 5184.82 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Hits 4-week High
Gold increased to 5251.00 USD/t.oz, the highest since January 2026. Over the past 4 weeks, Gold lost 3.21%, and in the last 12 months, it increased 83.61%.
2026-02-27
Gold Tests 2-Month Highs
Gold rose nearly 1% to above $5,220 per ounce on Friday, testing 2-month highs as investors weighed aggressive US trade policy against sticky inflation data. Bullion remains supported by safe-haven demand after the administration invoked Section 122 to implement 10% global tariffs, with Trade Representative Jamieson Greer signaling a potential hike to 15% following the recent Supreme Court ruling. This protectionist shift, coupled with stalled US-Iran nuclear talks in Geneva and reports of a US Embassy departure advisory in Israel, has supercharged gold’s appeal as a systemic hedge. On the data front, January core producer prices jumped 0.8%, the steepest monthly increase since mid-2025. While this "hot" data supported the Dollar and pushed the first fully priced rate cut to July, gold remained resilient. Gains were further bolstered by a massive rotation out of AI-heavy equities and into long-duration Treasuries, sending the 10-year yield to four-month lows.
2026-02-27
Gold Set for Monthly Gain
Gold firmed around $5,180 per ounce on Friday, on track for its seventh consecutive monthly rise as investors weighed US trade policy and geopolitical risks. President Trump’s new 10% global tariffs took effect earlier this week, with the potential to rise to 15% for certain countries following the Supreme Court’s ruling against broader duties. Meanwhile, Washington and Tehran are set to resume negotiations next week following progress on Thursday, paving the way for further diplomacy, though a US source said officials left disappointed. On the monetary policy front, traders are watching Fed signals, with Chicago Fed’s Austan Goolsbee citing possible rate cuts if inflation eases, while Governor Stephen Miran supports a full 1-point cut in 2026. Still, the probability of a rate reduction by June has fallen to 50%, and expectations of a third cut by year-end have nearly vanished.
2026-02-27