Gold Prices Dip to $4,056.13 per Ounce on July 31, 2026

The spot price of gold on July 31, 2026, was $4,056.13 per ounce, down 0.63% from the previous close of $4,081.70.

This represents a decline of $25.57 and marks the current market value after considering various factors that drive gold prices, including inflation expectations, central bank policy, global economic conditions, investor demand, currency strength, and physical and industrial demand.

Compared to its 52-week high of $5,477.79, gold is trading at 25.95% below, while it remains 23.37% above its 52-week low of $3,287.75.