Gold Price Hits $4,432.09 Amid Economic and Political Turmoil
The price of gold has risen to $4,432.09 per ounce as of August 12, 2026, according to CNBC's Gold/US Dollar Spot Price.
This is higher than Tuesday's price, when it traded at $4,396.53 per ounce at the same time.
Gold is a safe-haven asset that investors turn to during economic and political turmoil, as it provides a reliable store of value and a hedge against inflation.