Personal Finance / Investing 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 prices today, Monday, August 3, 2026: Gold prices open higher after U.S. pauses planned airstrikes Tim Manni · Mon, August 3, 2026 at 2:16 PM GMT+2 3 min read Gold (GC=F) December futures opened at $4,135.20 per troy ounce on Monday, August 3, 2026, up 0.7% from Friday's closing price.
ET, the price of gold edged down to $4,111.50 Gold prices this morning opened higher than Friday's closing price, but are edging lower in early trading as markets assess President Trump's announcement that the U.S. decided to pause extended airstrikes in Iran planned for Sunday night after U.S. allies in the Middle East asked the president to de-escalate. Leaders in Iran, however, said they are not yet in active negotiations with the U.S., and claim they are currently only in talks with Oman regarding the Strait of Hormuz. Pausing the airstrikes was certainly an important first step to get both countries back to the negotiating table, but peace talks will have to progress appreciably for inflation concerns to see any sustained reduction.
Current price of gold The opening price of gold futures on Monday, August 3, 2026, was up 0.7% from Friday's closing price. Here's a look at how the opening gold price has changed versus last week, month, and year: One week ago: +1.1% One month ago: +1.7% One year ago: +25.8% 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. You can create your own screeners with over 150 different screening criteria. Gold prices explained The price of gold can be quoted in multiple forms because the precious metal is traded in different ways.
The two main gold prices investors should know about are spot prices and gold futures prices. Learn more: How to invest in gold in 4 steps The spot price The spot price of gold is the current market price per ounce for physical gold as a raw material, sometimes called spot gold. Gold ETFs that are backed by physical gold assets generally track the gold spot price.
The spot price is lower than what you'd pay to buy gold coins, bullion, or jewelry, since your total price will include a markup called the gold premium that covers refining, marketing, dealer overhead, and profits. The spot price is more like a wholesale price, and the spot price plus the gold premium is the retail price. Learn more: Thinking of buying gold?
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