Gold Prices Surge to Record Highs Amid Inflation and Uncertainty
The current price of gold as of September 17, 2026 is $4,372 per ounce. This represents a rise of $26 from yesterday and an increase of $724 compared to one year ago.
Gold has generally shown an upward trend in value over time, making it a popular choice for investors looking to diversify their portfolios and hedge against inflation. Many experts consider it a stable choice amid market turbulence, with prices surging over 25% since early 2025 driven by inflation and uncertainty.
While gold can be volatile at times, its price has shown resilience in the face of economic fluctuations. James Taska, a fee-based financial advisor, notes that owning gold as an exchange-traded fund (ETF) makes it easier to rebalance a client's allocation, and the spread when buying or selling gold can be quite variable.