US Gold Prices Hold Steady Amid Fed Uncertainty
The US gold market remains strong, with prices hovering around USD 4,063.52 per ounce or USD 130.65 per gram as of August 4, 2026.
The international spot gold price has been trading in the range of USD 4,000-4,100 per ounce amid expectations surrounding the US Federal Reserve's next policy decision and ongoing geopolitical tensions in the Middle East region.
According to the World Gold Council, a breakout below USD 3,857 an ounce could enable gold prices to fall towards USD 3,500 an ounce. However, continued central bank buying and safe-haven demand are expected to provide support for prices.