Gold prices pared earlier losses to trade around $4,680 an ounce on Monday amid a softer US dollar amid reports of a Pakistan-brokered ceasefire proposal. Investors weighed the potential for a 45-day truce which offered bullion some relief from the forced liquidations seen throughout March. However pressure still remains from a resilient labor market after Friday's jobs report showed 178,000 positions added in March and an unemployment rate of 4.3% which reinforced expectations for the Federal Reserve to keep interest rates restrictive. This higher-for-longer policy outlook continues to weigh on non-yielding assets even as President Donald Trump's looming Tuesday deadline for strikes on Iranian infrastructure keeps a geopolitical floor under the market. Tehran's refusal to reopen the Strait of Hormuz as part of a temporary deal maintains significant supply-side inflation risks which further complicates the path for bullion. Gold remains down roughly 12% since the conflict began.

Gold fell to 4,658.91 USD/t.oz on April 6, 2026, down 0.39% from the previous day. Over the past month, Gold's price has fallen 9.35%, but it is still 56.28% 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 April 6 of 2026.

Gold fell to 4,658.91 USD/t.oz on April 6, 2026, down 0.39% from the previous day. Over the past month, Gold's price has fallen 9.35%, but it is still 56.28% 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 4777.20 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 5104.78 in 12 months time.



Price Day Month Year Date
Gold 4,659.58 -17.70 -0.38% -9.34% 56.30% Apr/06
Silver 72.86 -0.133 -0.18% -16.27% 142.74% Apr/06
Copper 5.58 0.0199 0.36% -3.75% 30.63% Apr/06
Steel 3,103.00 -2.00 -0.06% 0.62% 0.16% Apr/03
Lithium 158,500.00 -1000 -0.63% 2.92% 118.32% Apr/03
Platinum 1,982.70 -0.50 -0.03% -8.59% 119.67% Apr/06
Iron Ore 107.45 0 0% 7.39% 4.69% Apr/03



Related Last Previous Unit Reference
United States Gold Reserves 8133.46 8133.46 Tonnes Dec 2025
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
Germany Gold Reserves 3350.25 3350.25 Tonnes Dec 2025
France Gold Reserves 2437.00 2437.00 Tonnes Dec 2025
China Gold Reserves 2306.30 2303.50 Tonnes Dec 2025
United States Inflation Rate 2.40 2.40 percent Feb 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Mar 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
4658.91 4677.28 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Pares Losses
Gold prices pared earlier losses to trade around $4,680 an ounce on Monday amid a softer US dollar amid reports of a Pakistan-brokered ceasefire proposal. Investors weighed the potential for a 45-day truce which offered bullion some relief from the forced liquidations seen throughout March. However pressure still remains from a resilient labor market after Friday's jobs report showed 178,000 positions added in March and an unemployment rate of 4.3% which reinforced expectations for the Federal Reserve to keep interest rates restrictive. This higher-for-longer policy outlook continues to weigh on non-yielding assets even as President Donald Trump's looming Tuesday deadline for strikes on Iranian infrastructure keeps a geopolitical floor under the market. Tehran's refusal to reopen the Strait of Hormuz as part of a temporary deal maintains significant supply-side inflation risks which further complicates the path for bullion. Gold remains down roughly 12% since the conflict began.
2026-04-06
Gold Holds Decline Despite Ceasefire Talks
Gold remained below $4,700 an ounce on Monday following a sharp drop in the previous session, as investors assessed reports of a potential ceasefire in the Middle East. The US, Iran, and a group of regional mediators are reportedly discussing terms for a possible 45-day ceasefire that could pave the way for an end to the conflict. Meanwhile, President Donald Trump issued a fresh ultimatum to Iran, warning of strikes on its power plants and other civilian infrastructure if the Strait of Hormuz is not reopened. Tehran has rejected the latest demand and continues to target energy assets across the region. Gold remains down roughly 12% since the conflict began, as surging energy prices have fueled inflation concerns and reinforced expectations of further interest rate hikes. The metal has also struggled to act as a traditional safe haven, weighed down by forced liquidations as investors moved to cover losses in other markets.
2026-04-06
Gold Drops as Trump Escalates Threats
Gold slid toward $4,600 per ounce on Monday, extending losses from the prior session after President Donald Trump issued a fresh ultimatum to Iran and warned of strikes on its power plants and other civilian infrastructure if the Strait of Hormuz is not reopened. Tehran has rejected the latest ultimatum and continues to carry out attacks on energy assets across the Middle East. Meanwhile, the US, Iran, and a group of regional mediators are reportedly discussing terms for a possible 45-day truce that could pave the way for a more permanent resolution to the conflict. Gold remains down roughly 12% since the conflict began, as surging energy prices fueled inflation concerns and strengthened expectations of interest rate hikes. The metal has also struggled to perform its traditional safe-haven role, pressured by forced liquidations as investors moved to cover losses in other markets.
2026-04-05