Gold (GC=F) August futures opened at $4,053.40 per troy ounce on Friday, July 24, 2026, up 0.1% from Thursday’s closing price.
The gold price moved higher this morning to $4,057 at 8:07 a.m
ET. After stretching above $4,100 Thursday, the gold price has pulled back slightly. Investors are watching economic data and Iran war developments to weigh interest-rate risks in the U.S. against further global trade disruptions related to the Middle East conflict.
The European Central Bank held interest rates steady on Thursday. The consensus expects the Fed to do the same when the policy-making committee meets next week. The latest jobless claims report came in lower than expected, at 187,000 new claims vs. a median forecast of 212,000.