Gold Price Dips Below Last Week's High Amid Market Volatility
The price of gold has dipped slightly to $4,150.88 per ounce as of September 29, 2026. According to CNBC's Gold/US Dollar Spot Price, this is lower than Monday's price when it traded at $4,153.57 per ounce at the same time.
Gold investors often gravitate towards this safe-haven asset during times of economic and political turmoil due to its reliability as a store of value, its ability to hedge against inflation, and its performance well during market downswings.
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