Skip to content

Energy & commoditiesIII Conflict & Defence

Gold

Spot gold price.

3,948

USD/oz · daily · 2 Nov

1D
+1.9%
30D
−4.7%
1Y
—

Last 12 months · markers link to event pages

3,8273,9734,1194,2654,41116/0928/0906/1015/1023/1002/1116 September 2026 — Fed raises its target range to 3.75–4.00% in its first rate hike since July 2023116 September 2026 — Gold recovers from a six-week low driven by rising yields, climbing to 4,311 dollars222 September 2026 — China's gold imports top 1,000 tonnes by end-August, exceeding all of 2025; central bank added 20.2 tonnes in August328 September 2026 — Oil shock and rate-hike bets push gold to a seven-week low419 October 2026 — Barclays now expects Fed hikes in both December and January520 October 2026 — Bank of Russia sells gold again as reserves sink to 2019 low6
  1. 116/09 · Fed raises its target range to 3.75–4.00% in its first rate hike since July 2023
  2. 216/09 · Gold recovers from a six-week low driven by rising yields, climbing to 4,311 dollars
  3. 322/09 · China's gold imports top 1,000 tonnes by end-August, exceeding all of 2025; central bank added 20.2 tonnes in August
  4. 428/09 · Oil shock and rate-hike bets push gold to a seven-week low
  5. 519/10 · Barclays now expects Fed hikes in both December and January
  6. 620/10 · Bank of Russia sells gold again as reserves sink to 2019 low

Why it matters

Caught between safe-haven demand and real interest rates; its reaction to geopolitical events can be smaller than assumed.

Threshold · > 4,500

The threshold is tracked as the zone where safe-haven demand outweighs the real-rate effect.

Normal · warning zone > 4,000

Last 30 observations
DateValuevs previous observation
2 November 20263,948+72
30 October 20263,875−142
29 October 20264,017−36
28 October 20264,053−8
27 October 20264,061+43
26 October 20264,017+21
23 October 20263,996−31
22 October 20264,027−101
21 October 20264,127+7
20 October 20264,120−12
19 October 20264,132−33
16 October 20264,166−5
15 October 20264,170+59
14 October 20264,112−43
13 October 20264,155−16
12 October 20264,172−23
9 October 20264,194+62
8 October 20264,133+21
7 October 20264,112−58
6 October 20264,169+35
5 October 20264,134−6
2 October 20264,141−41
1 October 20264,182+26
30 September 20264,156−29
29 September 20264,185+63
28 September 20264,122−163
25 September 20264,285+13
24 September 20264,272−17
23 September 20264,290−73
22 September 20264,362—