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Gold August (GC=F) futures opened at $4,276.10 this morning, down 0.2% from Tuesday's closing price, and down 1.8% from Tuesday’s opening price. The price of gold is falling further this morning. As of 6:28 a.m. ET, the price of gold moved down to $4,183.80.
Gold prices are down significantly this morning following an exchange of military strikes by the U.S. and Iran overnight, and ahead of an important CPI report later this morning. The continued military action by both sides underscores how far both countries are from a peace agreement and from reopening the Strait of Hormuz. The longer the war in Iran continues, the longer the globe will go without a steady flow of oil and natural gas, and thus, the longer inflation will continue to plague prices in the U.S. and around the world.
We haven’t seen gold prices in the $4,100 range since March 23, and before that, not since December 2025.
The opening price of gold futures on Wednesday was down 1.8% compared to Tuesday's opening price. Here's how the opening gold price has changed versus last week, month, and year:
Gold August (GC=F) futures opened at $4,276.10 this morning, down 0.2% from Tuesday's closing price, and down 1.8% from Tuesday’s opening price. The price of gold is falling further this morning. As of 6:28 a.m. ET, the price of gold moved down to $4,183.80.
Gold prices are down significantly this morning following an exchange of military strikes by the U.S. and Iran overnight, and ahead of an important CPI report later this morning. The continued military action by both sides underscores how far both countries are from a peace agreement and from reopening the Strait of Hormuz. The longer the war in Iran continues, the longer the globe will go without a steady flow of oil and natural gas, and thus, the longer inflation will continue to plague prices in the U.S. and around the world.
We haven’t seen gold prices in the $4,100 range since March 23, and before that, not since December 2025.
The opening price of gold futures on Wednesday was down 1.8% compared to Tuesday's opening price. Here's how the opening gold price has changed versus last week, month, and year:
5 days ago
