Gold Price Surges to New High in US Amid Dollar Weakness
The gold price in the US has reached a new high, with 24-karat gold trading at $142.86 per gram or $4,444 per troy ounce on September 5, 2026.
This represents a gain of about $66 per troy ounce over two sessions and marks the highest settlement since early August 2026.
The Comex futures market's advance was driven by consecutive sessions of dollar weakness and data suggesting that the Federal Reserve may be closer to a policy pause than its recent minutes suggested.
A weaker dollar has been the consistent driver of gold's gains in 2026, making it cheaper for international buyers and supporting demand.