Gold (GC=F) August futures opened at $4,019 per troy ounce on Thursday, June 25, 2026, up 0.3% from Wednesday’s close of $4,008.80.
The price of gold moved lower this morning, trading at $3,992.80 as of 7:27 a.m
ET. Two weeks ago, the price of gold opened below $4,100 for the first time since November 2025 following additional U.S. airstrikes against Iran the previous evening. This morning, the country woke to even lower gold prices, even as the U.S. and Iran move closer to a permanent peace deal and ships have begun moving through the Strait of Hormuz.
Gold prices have fallen through the $4,000 barrier amid inflation concerns that could prompt the Fed to raise rates later this year, or, at the very least, keep them elevated at current levels for longer. The Personal Consumption Expenditures (PCE) index, the Federal Reserve’s preferred gauge of inflation, will be released later this morning, and all eyes will be watching for further indications of how higher prices have affected the U.S. economy. Gold tumbles below $4,000 over worries of Fed rate hikes Current price of gold The opening price of gold futures on Thursday, June 25, 2026, was up 0.3% from Wednesday’s close.