Gold (GC=F) December futures opened at $4,307 per troy ounce on Thursday, August 6, 2026, flat compared to Wednesday’s closing price but up over 4% from yesterday’s opening price.
The price of gold moved up some more this morning, trading at $4,309 as of 9:07 a.m
ET. Gold opened over $4,300 an ounce for the first time since June 17 this morning as negotiations to partially reopen the Strait of Hormuz progress, and July job numbers from ADP showed a slowdown compared to the previous month. Getting oil and natural gas flowing once again through the strait will have a positive impact on energy costs, and softer job numbers could both reduce the chances the Fed raises interest rates following its September meeting, which would be a natural headwind for gold prices.
Current price of gold The opening price of gold futures on Thursday, August 6, 2026, was up over 4% from Wednesday’s opening price. Here’s a look at how the opening gold price has changed versus last week, month, and year: – One week ago: +6.1% – One month ago: +3.2% – One year ago: +27.4% For context, gold’s year-over-year growth 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?