Gold Price Hits 29.3% Yearly Gain to $4,458.59

As of August 31, 2026, at 8:05 a.m. ET, the spot price of gold was $4,458.59 per ounce, according to the latest market data.

This represents a gain of 0.07% from the previous close of $4,455.55 and marks an increase of 29.30% over the past 12 months compared to its price one year ago of $3,448.19 per ounce.

Gold is currently trading at levels significantly higher than its 52-week low but remains below its 52-week high, which was set earlier this year at $5,477.79 per ounce.