Gold Surges to $4,086.63 as Inflation Expectations Rise
As of August 4, 2026, at 12:05 p.m. ET, the spot price of gold was $4,086.63 per ounce, a gain of 0.38% from the previous close of $4,071.11.
This represents a 21.74% increase in prices over the past 12 months, as gold traded at $3,356.90 per ounce one year ago.
Gold is currently trading 25.40% below its 52-week high of $5,477.79 and remains 23.28% above its 52-week low of $3,314.92.