Loading article…
Gold price at $4,392.35 per ounce, down 0.64% today, with 30.42% rise over the past 12 months, driven by inflation expectations and central bank policy, check
As of August 14, 2026, at 12:05 p.m. ET, the spot price of gold was $4,392.35 per ounce, according to the latest market data [1]. This represents a decline of 0.64% from the previous close of $4,420.70, and a 30.42% increase over the past 12 months, when gold traded at $3,367.83 per ounce [1].
| At a glance | |
|---|---|
| Price | $4,392.35 |
| 12-month change | 30.42% |
| 24-hour change | -0.64% |
| 52-week high | $5,477.79 |
The gold price has been driven by inflation expectations, central bank policy, and global economic conditions [1]. The spot price of gold, which reflects real-time market trading, serves as a benchmark for futures contracts, ETFs, and retail bullion pricing [1]. According to Fortune, the price of gold stood at $4,371 per ounce as of 9 a.m. Eastern Time, marking a $24 increase compared to the same time yesterday and a $1,019 jump from a year prior [2].
The gold price has been influenced by various factors, including currency strength, physical and industrial demand, and investor sentiment [1]. The U.S. dollar's strength, in particular, can impact gold prices, as a stronger dollar can make gold more expensive for foreign buyers [2]. Additionally, gold is often viewed as a safe-haven asset, and its price can be affected by economic uncertainty and market volatility [2].
| Gold Investment Options | Description |
|---|---|
| Gold bars | Sold by weight, with purity, weight, and manufacturer details stamped on the bar |
| Gold coins | Collectibles like the American Gold Eagle, often carrying a premium over bars of equivalent weight |
| Gold ETFs | Exchange-traded funds that track the price of gold, offering a managed selection of easily traded assets |
The gold price will likely remain volatile, driven by a range of factors, including inflation expectations, central bank policy, and economic uncertainty. As investors continue to seek safe-haven assets, gold is likely to remain a key player in the market, with its price influenced by a complex array of factors.
Coverage is mostly measured — 275 of 288 reports stay neutral.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Aug 16, 2026 · How we report
Gold prices declined due to hawkish comments from Fed Chair Kevin Warsh, which strengthened the US Dollar and increased US Treasury yields.
The Federal Reserve aims to achieve a 2% inflation goal.
The Fed adjusts interest rates; raising rates typically strengthens the US Dollar by making it a more attractive investment, while lowering rates can weigh on the currency.
Following recent comments, money markets priced in a 43% to 44% chance of a 25-basis-point rate hike in September.