Gold August (GC=F) futures opened at $4,059.80 this morning, Wednesday, July 15, 2026, down 0.2% compared to Tuesday’s closing price. The price of gold is falling this morning, moving down to $4,035.40 as of 7:41 a.m. ET.
U.S. airstrikes have targeted Iranian military sites for the fourth day in a row this week in retaliation for Iranian attacks on ships trying to navigate the Strait of Hormuz. President Trump says the U.S. will continue their selective bombardment until the strait is opened and safe for merchant ships.
Yesterday’s softer-than-expected inflation report aligns with more peaceful conditions between the warring countries last month, but renewed escalations in July have sent oil prices sharply upward once again. Oil prices (BZ=F) are up over 9% in the last five days.
While most market observers are confident the Fed will not raise rates later this month to battle inflation, September will remain a focal point, especially if the violence continues.
Current price of gold
The opening price of gold futures on Wednesday was down 0.2% compared to Tuesday’s opening price. Here’s how the opening gold price has changed versus last week, month, and year:
One week ago: -1.4%
One month ago: -4.9%
One year ago: +21.5%
For context, on Jan. 29, gold’s one-year gain was 95.6%.
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.
Considering a gold alternative?
If you’re looking for a gold alternative, Yahoo Finance also tracks the daily price of silver (SI=F) and the daily price of bitcoin (BTC-USD) and ethereum (ETH-USD).
Learn more: Gold alternatives? How to invest in silver, platinum, and palladium.
Ways to invest in gold
There are different ways to invest in gold, and each has pros and cons. Four common options are:
Physical gold
Gold mining stocks
Gold ETFs
Gold futures
Physical gold
Physical gold includes jewelry, gold bars, and gold coins. Some prefer physical gold over other forms because it’s tangible and easy to purchase. You can easily buy a gold necklace at the mall or gold bars at Costco (COST).
Intrigued by Costco’s precious metals offering? Read more here to learn key considerations for precious metals investing, the details of the Costco selection, and tips for managing your new investment.
Physical gold pros and cons
The advantages of physical gold include:
Readily accessible for use: If you keep your physical…
Source: finance.yahoo.com
