Gold Price Hits $4,150 per Ounce Amid Market Volatility

The price of gold is currently trading at $4,150 per ounce as of September 28, 2026. This represents a decrease of $148 from the same time on September 25 and an increase of $328 from a year ago.

Gold has been seen as a stable investment option due to its tendency to increase in value over time. It is not directly tied to inflation and can serve as a steadying force in a portfolio amid volatile markets.

However, gold is not always the best investment choice. In strong economies, stocks tend to perform better in both the short and long term, delivering average annual returns of 10.7% compared to gold's 7.9% over the same period from 1971 to 2024.