Gold (GC=F) December futures opened at $4,715.70 per troy ounce on Wednesday, August 26, 2026, up 0.5% from Tuesday’s closing price.
Gold pulled back from highs reached this morning to $4,674.60 per troy ounce as of 7:51 a.m
ET. Gold opened over $4,700 for the second day, even hitting a high of $4,730.90 in early trading before pulling back below $4,700. As of 7:51 a.m.
ET, the price of gold was $4,674.60. Gold has rallied following the U.S. Treasury Department’s decision to double its purchase of long-term debt, as well as relative quiet concerning tensions in the Middle East.