Gold Prices Plunge 3.08% to $4,152.91 Per Ounce on September 28

Gold prices took a hit on September 28, 2026, with a 3.08% decline to $4,152.91 per ounce. This marks a drop of $132.16 from the previous close of $4,285.06.

Looking at historical data, gold has risen 10.46% over the past 12 months, trading at $3,759.73 one year ago. However, it remains 24.19% below its 52-week high and 10.04% above its 52-week low.

The spot price of gold is driven by inflation expectations, central bank policy, global economic conditions, and investor demand. The strength of the U.S. dollar also plays a significant role in daily prices.