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 $4,440 per troy ounce on Monday, August 17, 2026, up 0.1% from Friday's closing price.
The price of gold is holding this morning at $4,440.10 per troy ounce as of 9:06 a.m. The gold price opened higher Monday morning, recording a 2.4% weekly gain at the open. Weakness in the U.S. dollar and in recent economic data contributed.
Dollar Index (DX-Y.NYB) declined 0.2%, though it is up 1.2% for the year. Retail sales in July were down 0.6% after nine months of increases, according to the U.S. Analysts had expected a retail sales gain of 0.1%.
Consumer sentiment also pulled back after two months of higher ratings. The University of Michigan's Surveys of Consumers reported an 8% sentiment decline in August. Softer economic data reduces the risk of interest rate increases in the short term, which can support a higher gold price.
The balance is tentative, however. Ongoing conflict in the Middle East elevates the inflation risk but could prompt safe-haven demand for gold. The opening price of gold futures on Monday, August 17, 2026, was up 0.1% from Friday's closing price.
Here's a look at how the opening gold price has changed versus last week, month, and year: For context, the one-year gain for gold was 95.6% on Jan. 29. 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.
Extract — continue reading at the source.
