Gold (GC=F) December futures opened at $4,498.70 per troy ounce on Tuesday, September 1, 2026, up 0.4% from Monday's closing price. The price of gold was lower later in the morning, trading at $4,432.20 per troy ounce as of 7:56 a.m. ET.

Une inflation persistante, continuellement alimentée par le conflit en Iran, limite les gains de l’or. Les récentes déclarations du président de la Fed, Kevin Warsh, selon lesquelles la Fed a encore "work to do" sur le contrôle des prix, ainsi que les attaques renouvelées au Moyen-Orient, renforcent les attentes d’une hausse des taux avant la réunion de la Fed plus tard ce mois-ci. Pour les traders sur l’or, cela compte car le métal est souvent suivi comme une couverture lorsque l’inflation s’accélère, mais son attrait peut être sous pression lorsque les anticipations de taux augmentent.

According to the CME Group's FedWatch tool, there is currently a 66.4% chance that the Fed raises rates by 25 basis points later this month, and a 33.6% expectation that rates will remain unchanged. One week ago, the outlook was reversed: economists estimated a 60.4% chance that the Fed would leave rates unchanged and a 39.6% chance that rates would rise. With the September meeting still ahead, that shift keeps attention on incoming policy signals and market pricing for short-term borrowing costs.

Higher interest rates are typically a headwind for gold because the precious metal does not pay interest.

Current price of gold

The opening price of gold futures on Tuesday, September 1, 2026, was up 0.4% from Monday's closing price. Here's how the opening price compares with one week ago, one month ago, and one year ago:

• One week ago: -2.8%
• One month ago: +9.7%
• One year ago: +31.1%

For context, the one-year gain for gold was 95.6% on Jan. 29.

24/7 gold price tracking: 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.

Learn more: Who decides what gold is worth? How gold prices are determined.

Risks and considerations for gold investors

Gold carries the same high-level risk as any investment: You could lose money. As with other investments, a loss on gold can take different forms. Understanding the potential outcomes is the first step in managing risk when investing in gold.

According to gold experts, prospective investors should understand four risks:

• Price
• Speculation
• Opportunity cost
• Fraud

Today, the focus is on the first two: price and speculation.

Learn more: How to invest in gold in 7 steps

Price risk

There is a price risk for investors who buy gold when the metal is near record highs. "Buying high to hope for short-term higher is a tough strategy," said Darrell Fletcher, managing director, commodities at Bannockburn Capital Markets.

Even so, there are positive dynamics supporting the precious metal. Fletcher said gold is recovering from decades of low prices, and it is becoming an increasingly popular diversification asset for central banks and individual investors.

The right expectations, a long timeline, and an appropriate allocation can help limit pricing risk. "Gold should not be seen as a driver of supercharged returns — it's there to act primarily as a stabilizer in a diversified portfolio," said Alex Tsepaev, chief strategy officer of B2PRIME Group.

If you want to learn more about gold's historical value, Yahoo Finance has tracked the historical price of gold since 2000.

Speculation risk

Thomas Winmill, portfolio manager at Midas Funds, encourages investors to view positions in gold bullion, coins, and ETFs as speculative. Gold is a commodity, and "commodity prices are dependent on macroeconomic, political, industrial, and financial factors that are unpredictable, and in some cases, unknowable."

Despite its recent performance, gold remains an unpredictable asset. Keeping that in mind when making trading decisions could help investors avoid over-exposure and unrealistic expectations.

Learn more: Thinking of buying gold? Here's what investors should watch for.

Price of gold chart

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 change in value.

(GC=F)

Gold forecast and tracker: Where will prices land in 2026?

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 price outlook: Could prices hit $6,000 in 2026?

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

Who decides what gold is worth? How gold prices are determined.

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.

Thinking of buying gold? Here's what investors should watch for.

Gold has the same high-level risk as any investment. Would-be gold investors should understand the risks associated with price, speculation, opportunity cost, and fraud.

6 ways to invest in gold from simple buys to more complex bets

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

How much gold would $1 million buy at different points in history?

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.