Gold (GC=F) August futures opened at $4,060.70 per troy ounce on Thursday, July 30, 2026, up 0.6% from Wednesday’s closing price. The price of gold moved up significantly this morning, trading at $4,130.90 as of 8:33 a.m. ET.
The Fed held rates steady following its two-day rate-setting meeting yesterday, and gold prices have responded positively so far. It has been about two weeks since gold prices have consistently held in the $4,100 range, with ever-changing market conditions providing little consistency to firming gold-price trends.
While the Fed didn’t raise rates, comments by Fed Chair Warsh following the meeting did certainly reiterate the committee’s commitment to lower prices.
The Fed’s decision comes amid continued fighting between the U.S., Iran, and their respective allies. The push and pull between safe-haven appeal and headwinds from concerns over higher interest rates later this year keep gold prices bound within a narrow range, which should only continue as these conditions persist.
Watch for more: Fed’s Warsh: ‘Path to central bank heaven requires delivering’ on inflation
Current price of gold
The opening price of gold futures on Thursday, July 30, 2026, was up 0.6% from Wednesday’s close. Here’s a look at how the opening gold price has changed versus last week, month, and year:
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One week ago: -1.7%
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One month ago: +1.5%
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One year ago: +22.1%
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.
Gold IRA: What it is, how it works
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.
Gold IRA vs. traditional IRA
The table below compares the main features of standard IRAs and gold IRAs.
IRS restrictions
You must work with a specialty provider that can ensure your account complies with these IRS restrictions:
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Storage: Your gold must be held in an IRS-approved facility.
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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
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 value journey so far this year.