Gold (GC=F) December futures opened at $4,301.40 per troy ounce on Thursday, September 17, 2026, down 2.0% compared to Wednesday’s closing price. The price of gold edged upward this morning, trading at $4,354.60 as of 6:53 a.m. ET.
It appears gold investors priced in a rate hike earlier this week as gold prices remain steady following the Fed’s decision to raise rates for the first time in three years. If nothing else, investors are feeling some confidence this morning that the Fed is addressing rising prices head-on. But will it be enough?
Gold prices opened at their lowest level so far this week, but continue to hold in the $4,300 range they’ve maintained all week.
Oil prices are just under $100 a barrel this morning following reports that Saudi Arabia’s key East-West pipeline will be restored soon. Yesterday at this time, global oil prices (BZ=F) were at nearly $108 a barrel.
Learn more: What the Fed rate hike means for your money
Current price of gold
The opening price of gold futures on Thursday, September 17, 2026, was down 2.0% compared to Wednesday’s opening price. 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: -3.3%
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One month ago: -3.2%
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One year ago: +15.4%
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.