Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure. Gold December (GC=F) futures opened at $4,430 this morning, Wednesday, August 12, 2026, down 0.2% compared to Tuesday's closing price.
The price of gold has gone up so far this morning, moving to $4,470.40 as of 7:35 a.m. The softer-than-expected employment report last week, coupled with expectations related to today's July CPI report, has gold prices holding well above $4,400 this morning: Wednesday's inflation print will be closely watched following the softer-than-expected July jobs report. Economists expect the Consumer Price Index to rise at a slower annual rate of 3.4% in July compared to June's 3.5% increase and climb 0.1% month over month.
A hotter-than-expected print could strengthen the case for the Fed to raise rates in September, while signs of inflation easing further could give the Fed room to hold rates steady. As of Tuesday, traders were pricing in a roughly 50-50 chance of a rate hike in September. The opening price of gold futures on Wednesday, August 12, 2026, was down 0.2% compared to Tuesday's closing price.
Here's how the opening gold price has changed versus last week, month, and year: For context, on Jan. 29, gold's one-year gain was 95.6%. 24/7 gold price tracking: Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week. Want to learn more about the current top-performing companies in the gold industry? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener.
You can create your own screeners with over 150 different screening criteria. If you're looking for a gold alternative, Yahoo Finance also tracks the daily price of silver (SI=F) and the daily price of bitcoin (BTC-USD) and ethereum (ETH-USD). Learn more: Gold alternatives?
How to invest in silver, platinum, and palladium. There are different ways to invest in gold, and each has pros and cons. Four common options are: Physical gold includes jewelry, gold bars, and gold coins.
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