As of Aug 05, 2026, at 2:55 AM EDT, the live Gold spot price for 1 ounce of Gold in U.S. dollars (USD) is $4,190.95; 1 gram of Gold is $134.74; and 1 kilogram of Gold is $134,742.17. Gold spot price can fluctuate by the second, driven by investment supply and demand, and other factors.
Gold Spot Prices
Live Metal Spot Prices (24 Hours) Last Updated: 08/05/2026 at 2:55 AM EDT
Current Gold Price Aug 05, 2026 at a Glance
The current gold spot price Aug 05 2026 sits at $4,190.95 per troy ounce, a gain of $38.35 or +0.92% against the previous close of $4,152.60. Gold opened the session at $4,132.20, dipped to an intraday low of $4,122.01, then pushed steadily higher to touch $4,199.25 — its best level of the day and within four dollars of the psychologically important $4,200 handle.
That $77.24 intraday range tells you something important about the tone of this market: buyers are showing up on dips rather than waiting for a deeper correction. The session’s low held comfortably above $4,100, and the close near the highs is the kind of price action technicians describe as constructive.
Time zone reference for today’s quote:
Because bullion trades nearly 24 hours a day across the Asian, European and North American sessions, the gold spot price Aug 05 2026 you see quoted at your local open will differ from the figures above. The numbers here reflect the live quote at 2:55 AM EDT and refresh continuously on our live gold price chart.
Gold Price Aug 05, 2026 USD Per Ounce: Unit Breakdown
Investors buy gold in very different formats — a one-gram bar for a gift, a one-ounce sovereign coin for a portfolio sleeve, a 400-ounce Good Delivery bar for an institutional vault. Here is what the gold price Aug 05 2026 USD per ounce translates to across the units that matter most.
Gold Price Drivers, Aug 05, 2026: What Moved the Metal Today
Four forces shaped the gold price drivers Aug 05, 2026 narrative, and they pulled in the same direction for once.
1. Treasury Yields Rolled Over — the Dominant Tailwind
The single biggest catalyst behind today’s move was the retreat in U.S. Treasury yields. The benchmark 10-year yield eased to 4.6187%, down sharply from the prior week’s high of 4.747%. That 12.8-basis-point decline matters enormously for a metal that pays no coupon. Every fall in real yields lowers the opportunity cost of holding bullion, and capital rotates accordingly.
This is the mechanical relationship that underpins most short-term gold moves. When the risk-free rate falls, gold’s zero yield no longer looks like a handicap. Today it stopped looking like a handicap in a hurry.
2. Fed Rate-Hike Odds Were Pared Back
Markets trimmed the implied probability of a rate hike at the September 15–16 FOMC meeting from 67% to 57%. That ten-point swing loosened the expected policy path and gave dollar-denominated bullion room to breathe.
Philadelphia Fed President Anna Paulson kept the door open in both directions, saying she was maintaining an “open mind” on policy and that incoming data could still justify higher rates. Traders read that as genuine two-way risk rather than a commitment — and two-way risk keeps hedges in demand.
The labour data added nuance. U.S. job openings fell in June, with healthcare and social assistance recording their steepest drop in nearly a year. Yet stronger hiring and subdued layoffs suggested the labour market remains fundamentally resilient. A cooling-but-not-cracking jobs picture is close to the ideal backdrop for gold: soft enough to restrain the Fed, firm enough to avoid a liquidation-driven risk-off scramble.
3. Middle East Diplomacy Cut Both Ways
Qatar reported progress toward a ceasefire, though Iran publicly denied U.S. claims that direct talks were underway. The market is caught between two readings — genuine de-escalation would erode gold’s geopolitical risk premium, while a collapse in negotiations would restore it instantly.
The knock-on effect showed up in energy. Brent crude fell 0.4% to $79.02 a barrel and WTI dropped 0.5% to $75.35 on hopes of an end to the conflict. Softer oil trimmed near-term inflation expectations, which is precisely what allowed bond prices to rally and yields to fall — the chain reaction that ultimately lifted gold. Ironically, the same headline that reduced gold’s safe-haven appeal strengthened its rates-driven appeal by more.
4. A Subdued Dollar
The U.S. Dollar Index hovered just below the 100 level, staying muted through the session. A softer greenback makes gold cheaper for holders of euros, yen and rupees, providing steady if unspectacular support beneath the market. There was no dollar squeeze to fight today, and that absence was itself a tailwind.
Gold Price Rally 2026 Aug Precious Metals Market: The Wider Picture
The gold price rally 2026 Aug precious metals market story is not confined to bullion. Across the complex, the tone was firm:
Silver near $59.86 is the number worth watching. The gold-to-silver ratio implied by these quotes sits around 70:1 — historically elevated but well below the extremes of recent years — and a sign that industrial demand is participating alongside monetary demand. When silver keeps pace with gold rather than lagging behind, rallies tend to have broader legs. Track the daily print on our live silver price page.
Platinum’s more modest gain reflects its heavier industrial weighting and looser correlation with the rates story that drove gold today.
Technical Outlook: The $4,000–$4,200 Cage
Gold has now spent roughly a month locked inside a $4,000–$4,200 band, and today’s action pressed hard against the ceiling of it.
Market analyst Tony Sycamore framed the levels clearly. Bullion needs a daily close above $4,080 downtrend resistance — a threshold today’s price clears decisively — followed by a break above the early-July high near $4,202 to confirm a sustained recovery. Clear that second hurdle and the technical path opens toward the 200-day moving average around $4,490.
Today’s high of $4,199.25 came within $2.75 of that July pivot. That is about as close as a market can get without triggering the breakout.
Levels to watch from here:
The setup is binary and unusually clean. A daily close above $4,202 confirms the range break and puts $4,490 in play. A rejection at $4,200 — the fourth or fifth such rejection in a month — sends gold back toward the $4,080 support, where the same buyers who defended $4,122 today are expected to reappear.
Gold Miners: SSR Mining’s Q2 Reveals the Cost Squeeze
Bullion strength and gold-equity strength are not the same trade, and SSR Mining’s second-quarter 2026 results made the distinction plain.
Production and costs:
Q2 output: 75,601 ounces of gold across all operations
Marigold: 31,059 oz | CC&V: 27,725 oz | Seabee: 16,817 oz
Consolidated AISC: $2,622 per ounce
By mine: CC&V most efficient at $1,995/oz; Marigold highest at $3,044/oz
FY2026 guidance: 450,000–535,000 gold equivalent ounces at AISC of $2,180–$2,260/oz
Financials:
Adjusted EPS: $0.66 vs. $0.75 consensus — a miss
Revenue: $443.8 million vs. $522.32 million expected — a 15% shortfall
Cash: approximately $1.8 billion with zero debt, up from $515.6 million and $230 million in convertible notes at year-end 2025
Total liquidity: $2.4 billion, including an undrawn $600 million credit facility
Capital returns:
Q2 buybacks: 10.4 million shares for $338 million
Year-to-date capital returns: over $409 million, roughly an 8% yield
Quarterly dividend reinstated at $0.03 per share
Since 2021: 32 million-plus shares repurchased and $883 million in dividends distributed
The read-through is instructive. At today’s gold spot price per ounce Aug 05 2026 of $4,190.95 against a consolidated AISC of $2,622, SSR is banking a headline margin of roughly $1,569 per ounce — the kind of spread that funds a $338 million buyback quarter without touching the balance sheet. Yet the company still missed on both earnings and revenue.
That gap is the story of gold equities in 2026. Producers are enormously cash-generative at these prices, but AISC inflation is eating a meaningful share of the windfall — Marigold’s $3,044/oz cost base leaves less than $1,150 of margin per ounce even with bullion near record levels. Management called results “consistent with internal expectations” and positioned the company as the third-largest gold producer in the United States, with reserve assets aimed at long-term brownfield growth.
For investors weighing bullion against miners, the lesson is that leverage to the gold price runs in both directions — and cost discipline now separates the winners. Follow the sector’s results season across our gold mining stocks coverage.
What This Means for Different Investors
Physical buyers. At $134.74 per gram, dollar-cost averaging remains the sensible approach while gold sits at the top of a defined range. Buying into a $4,200 rejection has been the profitable pattern for a month; buying a confirmed breakout above $4,202 is a different, momentum-driven trade.
Traders. The range is the setup. $4,080 and $4,202 are the lines that matter, and the reward-to-risk is favourable near either edge. Watch the 10-year yield as your leading indicator — today it led gold, not the other way round.
Equity investors. SSR’s quarter shows why AISC deserves as much attention as the gold price itself. Screen producers on cost per ounce, not just ounces produced.
Long-term allocators. Nothing in today’s data changes the structural case. Central bank accumulation, elevated debt loads and genuine two-way Fed uncertainty remain intact. The gold price Aug 05 2026 current level of $4,190.95 is a tactical datapoint inside a multi-year trend, not a thesis in itself.
Frequently Asked Questions
What is the current gold price on Aug 05, 2026?
The current gold price Aug 05 2026 is $4,190.95 per troy ounce, up $38.35 (+0.92%) from the previous close of $4,152.60, as of 2:55 AM EDT.
What is the gold spot price per ounce on Aug 05, 2026 in USD?
The gold spot price per ounce Aug 05 2026 is $4,190.95 USD. That equals $134.74 per gram and $134,742.17 per kilogram.
Why did gold rise on August 5, 2026?
The main gold price drivers Aug 05, 2026 were the drop in the 10-year Treasury yield to 4.6187%, September Fed rate-hike odds falling from 67% to 57%, a dollar index below 100, and softer oil prices easing inflation expectations.
What was gold’s trading range on Aug 05, 2026?
Gold traded between $4,122.01 and $4,199.25 — a $77.24 range — after opening at $4,132.20.
Is gold in a rally in August 2026?
Gold is testing the top of a month-long $4,000–$4,200 consolidation. A daily close above $4,202 would confirm the gold price rally 2026 Aug precious metals market thesis and open a path toward the 200-day moving average near $4,490.
How much is 1 kg of gold on Aug 05, 2026?
One kilogram of gold is $134,742.17, up $1,232.98 on the day.
What is the key resistance level for gold right now?
The early-July high near $4,202 is the critical breakout trigger. Today’s high of $4,199.25 fell $2.75 short of it.
Are gold miners profitable at $4,190 gold?
Yes, though margins vary widely. SSR Mining’s consolidated AISC of $2,622/oz implies roughly $1,569 per ounce of margin at today’s price, but its highest-cost mine, Marigold, runs at $3,044/oz.
Bottom Line
The gold price Aug 05 2026 current reading of $4,190.95 per ounce caps a session where every macro variable aligned in bullion’s favour: yields fell, Fed hike odds receded, the dollar stayed soft, and oil eased. Gold responded by closing within $9 of the $4,200 ceiling that has capped it for a month.
The market is now sitting on a genuine decision point. $4,202 is the number. Above it, the technical structure changes, and $4,490 comes into view. Below it, the range simply extends, and $4,080 becomes the level to defend.
For live updates through the session, bookmark our gold price chart and compare against yesterday’s gold market update. Broader commodity coverage — silver, uranium, lithium, base and metallic metals, and oil — is updated daily at Natural Resource Stocks, with company-level data available through ResourceNAV.
