Gold price today
Archived — this story has rotated out of today’s deck. It is kept here in full.
The gist
Gold December futures opened at $4,391.40 per troy ounce on August 19, 2026, down 0.7% from Tuesday. The price later rose to $4,479.90, with analysts watching FOMC minutes for direction.
Background
Gold prices have been volatile recently, influenced by U.S. Treasury yields, inflation data, and geopolitical tensions. On August 19, 2026, gold strengthened ahead of the release of FOMC minutes, which investors scrutinize for clues on future interest rate moves. The metal has gained over 30% in the past year, reflecting strong demand amid economic uncertainty.
How it unfolded
- Aug 17, 2026Gold traded at $4,384 per ounce, up $13 from the previous day, according to Fortune.
- Aug 18, 2026Gold fell back below $4,400 per ounce, down 1.0% from an overnight high, as 30-year Treasury yields hit 5.31%, the highest since 2007.
- Aug 19, 2026Gold December futures opened at $4,391.40, down 0.7%, but later strengthened to $4,479.90 as of 8:53 a.m. ET, ahead of FOMC minutes release.
- Aug 20, 2026Kitco spot gold bid was $4,488.40 per ounce, down 0.74% from the previous day.
Who’s saying what
- Analysts
- Manav Modi of Motilal Oswal said gold is likely to continue its upside, with key resistance at Rs 157,500–158,000, and bullish bias as long as it holds above Rs 152,000.
- Caution
- GoldSilver noted that five market forces converge in a nine-day window, and the next nine days will likely decide whether gold clears $4,450 or stalls below $4,400.
Still unverified
The exact impact of FOMC minutes on gold prices is uncertain; analysts have differing views on whether gold will break above $4,450 or fall below $4,400.