Gold Price Hits Record High Amid Economic Turmoil
The price of gold is currently at $4,183.85 per ounce as of August 5, 2026, according to CNBC's Gold/ US Dollar Spot Price.
This is higher than Tuesday's price when it traded at $4,068.68 per ounce at the same time.
GOLD is a safe-haven asset that investors gravitate toward during economic and political turmoil, making it a reliable store of value and hedge against inflation.