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 $4,473.40 per troy ounce on Tuesday, August 18, 2026, nearly flat with Monday's closing price.
The price of gold is down this morning at $4,447.20 per troy ounce as of 9:10 a.m. Rising Treasury yields are pressuring the gold price as peace talks with Iran show little progress. The 10-year Treasury benchmark (^TNX) is 4.72%, nearly a one-year high, after President Trump's son-in-law and special envoy Jared Kushner indicated Iran was unwilling to compromise to U.S. demands.
The British military reported Tuesday that a vessel was struck by "an unknown projectile" in the Strait of Hormuz, a sign of continued violence. President Trump then suggested on Truth Social that the Strait of Hormuz become a U.S. territory. The U.S. and Iran had previously signed a 60-day memorandum of understanding to allow time for negotiations, but that agreement has now expired.
The war's uncertain timeline is prompting safe-haven demand for U.S. Treasuries, which increases the holding cost of owning non-yielding gold. The opening price of gold futures on Tuesday, August 18, 2026, was flat with Monday'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.
You can create your own screeners with over 150 different screening criteria. Learn more: Who decides what gold is worth? How gold prices are determined.
Extract — continue reading at the source.
