As of Aug 13, 2026, at 2:00 AM EDT, Gold is changing hands at $4,397.79 per troy ounce, which works out to $141.39 per gram and $141,392.23 per kilogram. Bullion quotes reset continuously throughout the global trading day, driven by investor positioning, physical offtake, currency swings, and shifting rate expectations. Every number on this page is a snapshot taken at that moment, not a locked-in price.
Gold Spot Prices
| Benchmark | Latest Price | Session Move |
| Per troy ounce | $4,397.79 | +$29.64 |
| Per gram | $141.39 | +$0.95 |
| Per kilogram | $141,392.23 | +$952.95 |
Spot metal quotes on a rolling 24-hour basis. Reading captured 08/13/2026 at 2:00 AM EDT.
Gold Price Today at a Glance – Aug 13, 2026
Bullion has kept its footing through the early U.S. session, adding 0.68% to reach $4,397.79 an ounce. That represents a $29.64 advance on Tuesday’s $4,368.15 settlement, and it leaves the current gold spot price roughly $18 below the intraday ceiling buyers tested overnight.
| Metric | Value (Spot XAU/USD) |
| Current Price | $4,397.79 |
| Daily Change | +$29.64 (+0.68%) |
| Previous Close | $4,368.15 |
| Open | $4,368.15 |
| Day’s Range | $4,362.57 – $4,415.71 |
| 52-Week Range | $3,311.46 – $5,595.46 |
| 1-Year Performance | +31.45% |
| Last Updated | 08/13/2026, 2:00 AM EDT |
The futures curve, which is where most institutional risk actually gets expressed, is pointing in the same direction as the physical market:
| Metric | Value (Gold Futures) |
| Last Price | $4,467.67 |
| Change | +$26.57 (+0.60%) |
| Open | $4,427.80 |
| Previous Close | $4,441.10 |
| Day’s Range | $4,421.55 – $4,500.90 |
| 52-Week Range | $3,353.40 – $5,626.80 |
That near-$70 premium on the deferred contract is ordinary cost-of-carry arithmetic, not a warning sign. Storage, insurance, and the financing cost of holding metal to a future delivery date all get baked into the forward price, and with short-term rates still comfortably positive, a spread of this size is what you would expect. It is worth monitoring anyway: when the gap compresses abruptly or inverts, it usually signals a funding squeeze or a scramble for immediate physical delivery.
What Is the Current Gold Price Today?
Here is the August 13, 2026, reading broken out across the units buyers actually transact in:
| Unit | Price (USD) | Daily Change |
| 1 troy ounce | $4,397.79 | +$29.64 |
| 1 gram | $141.39 | +$0.95 |
| 10 grams | $1,413.92 | +$9.53 |
| 1 tola (11.6638 g) | $1,649.17 | +$11.11 |
| 1 kilogram | $141,392.23 | +$952.95 |
Every conversion above uses the standard 31.1034768 grams per troy ounce. Because the gold spot price per ounce is repriced tick by tick as liquidity rolls between London, Zurich, Hong Kong, and New York, the gram and kilogram figures shift in lockstep with the ounce. None of them should be read as a firm dealer quote, and retail purchases will carry fabrication and dealer premiums on top.
Gold Price Drivers, Aug 13, 2026
Five distinct forces are shaping the tape today. Read together, they explain why gold pushed to a two-month high near $4,450 on Wednesday, slid back into the mid-$4,300s, and has since clawed most of that ground back.
1. Softer July CPI Reset the Fed Trade
The dominant catalyst this week came from the inflation data. Consumer prices climbed 0.1% on the month in July, landing exactly on consensus and easing the near-term burden on the Federal Reserve.
Rate markets repriced within minutes. CME FedWatch pricing put the odds of a September tightening at roughly 38% to 40% after the release, down from about 46% beforehand. With the federal funds target parked at 3.50% to 3.75%, a cooler inflation trajectory lowers the real-yield hurdle that any non-yielding asset has to clear — and that hurdle has always been the cleanest single input into gold’s relative appeal.
This repricing is the mechanical engine underneath the current advance. When expected policy rates fall, the opportunity cost of holding metal that pays no coupon falls with them, and softer Treasury yields simultaneously pull down the discount rate applied to future dollars.
2. Strait of Hormuz Risk Refuses to Fade
The second leg of support is geopolitical. Transit through the Strait of Hormuz remains heavily constrained, and the diplomatic track between Washington and Tehran has yet to yield anything resembling a settlement. Close to 20% of the world’s seaborne crude passes through that channel, so even the perception of disruption transmits straight into energy pricing.
Crude is on course for weekly gains as desks price escalation risk. For gold, that cuts two ways at once. It keeps a floor under safe-haven demand, and it threatens to reignite precisely the inflation impulse the July CPI print just tamped down. The Hormuz standoff is therefore a rare two-sided catalyst — it supports bullion through the fear channel and the inflation-hedge channel simultaneously.
3. A Flat Dollar Is Quietly Bullish
The U.S. Dollar Index is close to unmoved at 99.96. A stationary greenback is not the obstacle a rising one would be, and in a week when gold has rallied on rate expectations, the absence of dollar strength has given the move room to develop. Since bullion is denominated in dollars, a flat DXY means today’s gain reflects real demand for the metal rather than a currency-conversion effect dressed up as a rally.
4. Technical Resistance Is Now the Battleground
IG’s Tony Sycamore has mapped the levels that matter here. Gold is pressing against downtrend resistance near $4,450, with the 200-day moving average sitting just above at roughly $4,499. Two overhead barriers that close together create a dense band of supply, which is the simplest explanation for why Wednesday’s attempt at $4,450 was turned away.
For anyone trading the tape, the working map looks like this:
- Immediate resistance: $4,415 (session high), followed by $4,450 (downtrend line)
- Major resistance: $4,499 to $4,500 (200-day moving average plus a psychological round number)
- Immediate support: $4,362 (session low), then $4,368 (prior settlement)
- Structural support: the $4,300 area, which has absorbed selling repeatedly this month
A daily settlement above $4,500 would turn the medium-term structure constructive. A third rejection at $4,450 keeps the market boxed into its range.
5. Central Bank and Sovereign Gold Demand Stays Structural
Venezuela’s long-running dispute with the Bank of England is a useful reminder of why sovereigns hold bullion at all. Caracas is seeking the return of roughly 31 metric tons of gold — worth an estimated $4 billion — currently sitting in the Bank’s vaults. National Assembly head Jorge Rodriguez has said the government intends to “concentrate efforts” on recovering those assets to help fund earthquake reconstruction.
The Bank of England has declined to hand the metal over, pointing to unresolved questions about which administration it legitimately belongs to, and the matter is still working its way through the British court system. Against that backdrop, Venezuelan consumer prices rose 19.9% in July alone, with annual inflation running at 575.9%.
The takeaway is the same one that drives official-sector buying across the emerging world: when a currency fails, gold is the asset that retains a claim on value — but only if you hold the metal rather than someone else’s promise to deliver it. That logic continues to underpin one of the most durable demand pillars in the present cycle.
The Wider Precious Metals Market Today
Gold is not moving in isolation. Here is where the complex sits on August 13, 2026:
| Metal | Price (USD) | Change |
| Gold (spot) | $4,397.79 | +0.68% |
| Silver | $65.45 | +0.2% |
| Platinum | $1,751.62 | -0.3% |
Silver edging up alongside gold is worth noting. Participation from the white metal generally indicates a move with industrial and speculative components rather than a pure flight to safety. Platinum’s small decline, meanwhile, keeps the platinum group metals on their own track, separate from the monetary metals.
Gold Equities: Where the Leverage Sits
With bullion parked near $4,400 an ounce, attention is rotating toward the equity side of the trade, and Australian midcaps carrying exposure to two metals are drawing a disproportionate share of it.
Alkane Resources (ALK) has surfaced as one of the better-positioned names against both gold and copper. The supporting figures:
| Metric | Alkane Resources (ALK) |
| Revenue growth | 217.4% |
| Free cash flow yield | 10.6% |
| Fair value upside | 23.5% |
| Forward P/E | 9.1x |
| Debt-to-equity | 2.1% |
That last line is the one that matters most in a cyclical sector: a balance sheet carrying almost no leverage means the company does not need a particular gold price to survive the next drawdown.
Two peers frame the trade-off:
- Ora Banda Mining (OBM) is the gold-weighted value option, with an eye-catching 85.4% return on equity but only incidental copper exposure.
- Sandfire Resources (SFR) is the clean copper play, though it trades at a premium that implies 10.2% downside to fair value.
The case for dual-metal producers is straightforward: they get paid on two independent cycles. One payment comes from the monetary bid that Fed policy drives, the other from structural copper demand tied to electrification. Those cycles rarely peak together, which is exactly the point.
Gold Price Trends: How Aug 2026 Fits the Bigger Picture
Step back from the daily tape and the shape of the year becomes easier to read:
- Gold is 31.45% higher than it stood twelve months ago.
- The 52-week band spans $3,311.46 to $5,595.46, putting today’s price about 21% beneath the peak.
- Current levels sit in the middle third of that range, well away from either extreme.
That final observation carries the most weight. This is not a market showing signs of euphoria, nor is it showing signs of capitulation. It is digesting a very large advance while it waits for the Fed to clarify direction. Consolidations at this point in a bull cycle usually resolve in favor of the prevailing trend — though “usually” is doing real work in that sentence, and the 200-day moving average at $4,499 remains the honest referee.
What to Watch Next
| Catalyst | Why It Matters for Gold |
| Fed September decision | Holding at 3.50%–3.75% or leaning dovish helps gold; a hawkish surprise does not |
| PPI and the next CPI print | Evidence that 0.1% monthly disinflation is a trend rather than a one-off |
| Strait of Hormuz developments | Any de-escalation strips out risk premium; further escalation adds to it |
| DXY against 100.00 | A convincing break above would put a lid on further gains |
| The $4,450 and $4,499 levels | The dividing line between a range and a trend |
| Central bank purchase data | The structural demand floor sitting under the market |
Frequently Asked Questions
What is the current gold price on Aug 13, 2026?
Spot gold stands at $4,397.79 per troy ounce as of 12:31 AM EDT, a gain of $29.64 or 0.68% on the session. In smaller denominations that comes to $141.39 per gram and $141,392.23 per kilogram.
What is the gold spot price per ounce on Aug 13, 2026?
The ounce is quoted at $4,397.79. Trading has ranged between $4,362.57 and $4,415.71 so far today, against a prior settlement of $4,368.15.
Why is the gold price rising today?
Four things are doing the work. July CPI came in soft at 0.1% month over month, which cut September tightening odds to around 38%–40% from 46%. Restrictions on the Strait of Hormuz continue to support safe-haven positioning. The Dollar Index is flat at 99.96, removing a headwind. And sovereign plus central bank accumulation remains a steady source of demand.
What is the difference between the gold spot price and gold futures today?
Spot metal trades at $4,397.79 while the front-month contract sits at $4,467.67. The roughly $70 difference is cost-of-carry — storage, insurance, and financing priced across the gap to delivery — rather than an indication of stress in the market.
Where is gold resistance and support right now?
Overhead, $4,450 marks the downtrend line and $4,499 the 200-day moving average. Beneath the market, $4,362 is the session low, and the $4,300 area has served as structural support through August.
How much has gold gained over the past year?
About 31.45% higher than it stood a year ago, inside a 52-week band running from $3,311.46 to $5,595.46.
