As of Aug 07, 2026 at 5.00 AM EDT, the live Gold spot price for 1 ounce of Gold in U.S. dollars (USD) is $4,331.00; 1 gram of Gold is $139.24, and 1 kilogram of Gold is $139,244.88. Gold spot price can fluctuate by the second, driven by investment supply and demand, and other factors.
Gold Spot Prices
Gold Price | Price | Change |
Gold Price Per Ounce | $4,331.00 | +$31.40 |
Gold Price Per Gram | $139.24 | +$1.01 |
Gold Price Per Kilo | $139,244.88 | +$1,009.53 |
Live Metal Spot Prices (24 Hours) Last Updated: 08/07/2026 at 5.00 AM EDT
Gold Price Today at a Glance — Aug 07, 2026
The current gold price Aug 07 2026 session shows bullion pushing higher for a second straight day, with the metal adding +0.73% on the day. Safe-haven demand tied to escalating Middle East shipping risk is doing the heavy lifting, while a broadly flat U.S. dollar is removing the usual headwind ahead of the closely watched non-farm payrolls print.
Here is the full intraday snapshot for the gold spot price Aug 07 2026 session:
Metric | Value |
Last Price (USD/oz) | $4,331.00 |
Day’s Change | +$31.40 (+0.73%) |
Previous Close | $4,299.60 |
Open | $4,298.70 |
Day’s Range | $4,288.00 – $4,336.50 |
52-Week Range | $3,353.40 – $5,626.80 |
Volume | 23,408 contracts |
1-Year Change | +25.04% |
At $4,331.00, the gold price Aug 07 2026 usd per ounce reading sits roughly 29.2% above the 52-week low of $3,353.40 and about 23.0% below the 52-week peak of $5,626.80 — a reminder that even after a powerful advance, this market has already seen far higher prints inside the past twelve months.
For rolling, second-by-second quotes throughout the trading day, bookmark the Gold Spot Price chart on Natural Resource Stocks.
Gold Price Per Ounce, Gram and Kilo — Full Conversion Table
Buyers of physical bullion rarely transact in whole ounces, so here is how the gold spot price per ounce Aug 07 2026 converts across the weights that actually matter at the dealer counter. All figures are derived from the live $4,331.00 troy-ounce quote (1 troy ounce = 31.1034768 grams).
Unit | Gold Price (USD) | Daily Change |
1 Troy Ounce | $4,331.00 | +$31.40 |
1 Gram | $139.24 | +$1.01 |
10 Grams | $1,392.45 | +$10.10 |
1 Tola (11.6638 g) | $1,624.12 | +$11.77 |
1 Kilogram | $139,244.88 | +$1,009.53 |
Day’s Low (per oz) | $4,288.00 | — |
Day’s High (per oz) | $4,336.50 | — |
Note that the current gold spot price Aug 07 2026 is the wholesale benchmark. Retail coins and bars — American Gold Eagles, Canadian Maple Leafs, one-kilo cast bars — trade at a premium above spot that varies with product, mint and dealer inventory.
Gold Price Drivers Aug 07, 2026 — What Is Actually Moving the Market
Five forces explain the bulk of today’s move. Understanding these gold price drivers Aug 07, 2026 is more useful than the headline number itself.
1. Middle East Escalation and the Strait of Hormuz
The single largest catalyst behind the gold price Aug 07 2026 current advance is renewed geopolitical risk in the Gulf. Shipping traffic through the Strait of Hormuz has thinned dramatically — just 33 vessels crossed between Monday and Thursday, against a normal weekly average closer to 50. Explosions reported near Qeshm Island in the prior session sent Brent crude surging nearly 4% before it settled at $83.08 per barrel (+0.70%), with WTI at $77.57 (+0.36%).
Gold has historically been the first destination for capital fleeing supply-chain and conflict risk, and this session is textbook. When a chokepoint that handles a fifth of global seaborne oil starts running at two-thirds capacity, the bid under bullion is structural rather than speculative.
2. Oil-Led Inflation Feed-Through
Crude in the $75–$80 band sits roughly 25%–30% above pre-conflict levels. Analysts flagged in this week’s market commentary warn this differential will “feed into inflation globally” over the coming quarters. Gold’s role as an inflation hedge is the second leg of today’s bid — investors are not simply buying fear, they are pricing a higher medium-term CPI path that erodes the real return on cash and fixed income.
3. Fund Flows: A Fourth Straight Week Into Precious Metals
Money is following the narrative. Gold and precious metals funds pulled in $345 million of net inflows over the past week — the fourth consecutive week of positive flows. Meanwhile, money market funds absorbed a striking $57.48 billion, snapping a three-week outflow streak.
That combination matters. Investors are simultaneously raising liquidity and adding precious metals exposure, which is the classic footprint of defensive positioning rather than pure risk-on speculation. Global equity funds drew inflows for an eleventh straight week on upbeat earnings, so this is not a wholesale flight from risk — it is a deliberate barbell.
4. The Dollar and the Rates Backdrop
The U.S. Dollar Index was near-flat at 99.845 (+0.04%), removing the currency drag that has capped rallies through much of the year. Sterling eased 0.07% to 1.3449 against the greenback.
The tension sits in yields. U.S. 10-year Treasury yields near 4.70% were singled out by one Jefferies analyst as “the biggest worry” in the current market. Elevated real yields raise the opportunity cost of holding a zero-coupon asset like gold — and the fact that bullion is climbing anyway underlines how dominant the geopolitical and inflation channels have become in the gold price rally 2026 Aug precious metals market narrative.
5. Payrolls Risk Ahead
Asian equity markets paused ahead of the U.S. employment report, and gold’s advance has been measured rather than parabolic into that event. A hot payrolls number would strengthen the dollar and push back rate-cut expectations — a headwind for gold. A soft print does the reverse. Expect volatility around the release regardless of direction.
Silver, Platinum and the Wider Precious Metals Complex
Gold is not moving alone, and silver is the standout. Silver futures surged 4.05% to $64.10 — a move more than five times gold’s percentage gain. That kind of outperformance typically signals a broadening, industrially supported precious metals bid rather than a narrow safe-haven trade.
The gold-to-silver ratio at these levels sits near 67.6:1 ($4,331.00 ÷ $64.10), well below the multi-year averages above 80 that dominated earlier in the cycle. A compressing ratio is historically a hallmark of late-stage, momentum-driven precious metals advances.
Track the rest of the complex here:
For today’s PGM session, see Why Platinum and Palladium Prices Are Moving Today – Key Market Drivers, August 7, 2026, and for the base metals read-through, Why Copper and Nickel Prices Are Moving Today.
Gold Technical Analysis — Key Levels for Aug 07, 2026
The technical picture is bullish but stretched, and traders should treat it that way.
Trend and Moving Averages
Gold is trading well above its 20-period moving average of $4,121.62 — the most recent published technical snapshot put the metal +4.24% above that average at $4,321.95, and at $4,331.00 the gap has widened to roughly +5.1%. Price also remains above its 200-period average — a configuration that confirms an intact uptrend on both short and long horizons. Price has also broken above the upper Bollinger Band at $4,273.85, which is a momentum confirmation signal but simultaneously a statistical extreme.
Momentum: Extreme Overbought
Three separate oscillators are flashing the same warning:
Indicator | Reading | Interpretation |
RSI | 79.56 | Well above the 70 overbought threshold |
MACD | 43.15 vs. signal 22.83 | Wide positive divergence — stretched |
CCI | 266.45 | Far above the +100 overbought line |
Resistance Levels to Watch
Level | Significance |
$4,336.50 | Today’s intraday high — immediate ceiling |
$4,400 | Round-number psychological resistance |
$4,500 | Next major upside target |
$5,626.80 | 52-week high |
Support Levels to Watch
Level | Significance |
$4,288.00 | Today’s intraday low |
$4,273.85 | Upper Bollinger Band — now flipped to support |
$4,215 | Tenkan-sen — cited as the bullish re-entry zone |
$4,185 / $4,145 / $4,120 | Layered correction targets; $4,120 aligns with the 20-period MA |
A close below $4,215 would be the first genuine crack in the near-term structure. A sustained hold above $4,273.85 keeps the gold price rally 2026 Aug precious metals market thesis fully intact.
What This Means for Gold Investors and Mining Equities
A current gold spot price Aug 07 2026 near $4,331 with a 25.04% one-year gain has meaningful downstream effects.
For producers. All-in sustaining costs across most senior and mid-tier producers sit well below current spot, meaning margin expansion is flowing straight to free cash flow. Historically, gold equities lag physical metal early in a move and then outperform once the price stabilises at a higher plateau.
For explorers and developers. Higher sustained pricing improves project economics, lowers the effective cut-off grade and re-rates in-ground ounces. Follow developments across our Company Spotlights, including Contango Ore, Liberty Gold and Revival Gold.
For physical buyers. With spot stretched to overbought territory, dollar-cost averaging is generally more prudent than a single large entry. Watch the $4,215–$4,273 zone as a more favourable accumulation band if the anticipated snapback materialises.
For portfolio construction. The simultaneous surge into money market funds and precious metals funds suggests institutions are hedging, not capitulating. Retail investors mirroring that structure would be adding gold exposure as insurance rather than as a directional bet.
Compare and screen resource names through the ResourceNAV Company Directory.
Frequently Asked Questions
What is the current gold price today, Aug 07, 2026?
As of 5.00 AM EDT on Aug 07, 2026, the gold spot price is $4,331.00 per troy ounce, up $31.40 (+0.73%) on the session. Per gram the price is $139.24 and per kilogram it is $139,244.88.
What is the gold price Aug 07 2026 usd per ounce compared with yesterday?
Gold closed the previous session at $4,299.60. Today’s opening print was $4,298.70, and the metal has since traded a range of $4,288.00 to $4,336.50.
Why is gold rising today?
The dominant gold price drivers Aug 07, 2026 are Middle East escalation around the Strait of Hormuz, oil-led inflation expectations with Brent at $83.08, a fourth straight week of precious metals fund inflows totalling $345 million, and a flat U.S. dollar index at 99.845 ahead of U.S. payrolls.
Is gold overbought right now?
Yes, on multiple measures. RSI at 79.56, CCI at 266.45 and a price roughly 5% above the 20-period MA of $4,121.62 all indicate extreme overbought conditions. That does not mean the trend has ended, but it raises the odds of a sharp corrective move toward $4,215 or $4,185.
How much has gold gained over the past year?
The metal is up 25.04% year-over-year, with a 52-week range of $3,353.40 to $5,626.80.
Where can I track the live gold spot price?
Live 24-hour quotes are available on the Natural Resource Stocks Gold Spot Price chart, with daily commentary in our Gold News section.
Bottom Line
The gold spot price Aug 07 2026 at $4,331.00 per ounce (+$31.40, +0.73%) reflects a market caught between a genuinely supportive fundamental backdrop — Gulf shipping disruption, oil-driven inflation risk, four consecutive weeks of fund inflows — and technicals that are as stretched as they have been at any point this cycle. The path of least resistance remains higher while $4,273.85 holds, but with RSI near 80 and payrolls looming, position sizing matters more than direction here.
Related reading:
