Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure. Gold (GC=F) December futures opened at $4,408.20 per troy ounce on Friday, August 14, 2026, down 0.3% compared to Thursday's closing price.
The gold price edged higher this morning to $4,419.60 at 7:54 a.m. Gold continues to open this week over $4,400 and is currently sporting a monthly gain of over 10% as cooling inflation reports this week have many scaling back expectations of a rate increase by the Fed next month. According to the most recent figures in the CME Group's FedWatch tool, there is a 69.4% chance the Fed will hold rates steady in September, with 30.6% of economists still expecting an increase.
Compare that to one month ago, when 42% expected the Fed to keep rates unchanged in September, 50% expected a 25-basis-point increase, and 8% thought the Fed would raise rates by 50 basis points. Gold is responding positively to the rising 'no-hike' majority because precious metals do not pay interest. Learn more: July PPI inflation cools to 4.7%: What it means for the Fed and interest rates The opening price of August gold futures on Friday, August 14, 2026, was down 0.3% compared to Thursday's opening price.
Here's a look at how the gold price has changed versus last week, month, and year: On Jan. 29, gold's one-year gain was 95.6%. 24/7 gold price tracking: Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week. Want to learn more about the current top-performing companies in the gold industry? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener.
You can create your own screeners with over 150 different screening criteria. A gold investment can add stability and inflation protection to your portfolio. But it can also dilute your gains when stock prices are rising quickly.
Finding the right balance between gold's diversification benefits and profiting from growth potential in other assets can be challenging. Even the experts are divided on how to achieve the correct balance. Below, five experts explain their recommended gold allocations, which range from 0% to 20%.
Extract — continue reading at the source.
