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Gold (GC=F) August futures opened at $4,049.20 per troy ounce on Thursday, July 2, 2026, down 0.8% from Wednesday's closing price. The price of gold moved up this morning, trading at $4,140.90 as of 9:44 a.m. ET.

Gold prices broke above $4,100 today following the weaker-than-expected June jobs report. Analysts expected the economy to add 115,000 jobs last month and the unemployment rate to remain at 4.3% for the fourth consecutive month. However, only 57,000 new jobs were added in June, and the unemployment rate fell to 4.2%

New Fed Chair Kevin Warsh spoke at the European Central Bank's forum yesterday, addressing inflation, among other topics. Warsh noted that inflation expectations and risks have come down, leading many to expect the Fed will not be in any rush to raise interest rates following its meeting this month. According to the CME Group's FedWatch tool, there's currently less than a 30% chance the Fed raises interest rates on July 29.

Higher interest rates tend to dull gold prices since the precious metal is a non-yielding asset.

The opening price of gold futures on Thursday, July 2, 2026, was down 0.8% from Wednesday's close. Here's a look at how the opening gold price has changed versus last week, month, and year:  

One week ago: +1.5%

One month ago: -9.8%

One year ago: +21.6%

For context, gold's year-over-year growth was 95.6% on Jan. 29.

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 are socking gold bars away for a rainy day, there may be an opportunity to earn some tax perks in the process. You could establish a gold IRA to hold those assets and diversify your retirement wealth.

Learn more: How to invest in gold in 4 steps

A gold IRA is a specialty form of self-directed IRA that's designed for gold and other precious metals. 

The table below compares the main features of standard IRAs and gold IRAs.

You must work with a specialty provider that can ensure your account complies with these IRS restrictions:  

Storage: Your gold must be held in an IRS-approved facility.

Asset types: A gold IRA can hold physical gold, silver, platinum, or palladium — but not all forms of these metals are eligible. For example, gold bullion, silver coins, and bars must meet purity requirements. Additionally, gold bars must come from approved refiners.  

Learn more: Gold IRA: Benefits, risks, and how it differs from a traditional IRA

Whether you're tracking the price of gold since last month or last year, the price of gold chart below shows the precious metal's value journey so far this year. 

How high will gold go in 2026? See live gold prices, expert predictions about gold performance, and learn whether gold will reach $6,000.

Gold prices have skyrocketed in recent years, but how high can they go next? Here are the boldest predictions for how gold will perform.

The two primary gold prices investors should know are spot prices and gold futures prices. Learn the difference, the historical price of gold, and the current dynamics.

There are several ways to invest in gold. Which is best for you depends on your up-front investment and financial goals. Here are the top six ways to invest in gold.

If you had $1 million in 1900, you could buy 53,000 ounces of gold. Today, that amount would be worth $278 million. See how gold prices have changed over time.

While it's possible to retire solely by investing in gold, it's a lot harder than investing in the stock market. Here's what you need to know.