How much is gold worth per ounce today?
As of 8:05 AM ET on May 5, 2026, the spot price of gold is $4,556.21 per oz., according to the latest market data. This is a 1.20% decline, or $55.32 from the previous closing price of $4,611.53.
One year ago, Gold was trading at $3,247.13 per ounce, which represents a 40.32% increase in price over the past 12 months.
Key levels to look out for this week:
52 week low: $3,182.44
52 week high: $5,477.79
Gold is trading 16.82% below its 52-week high. The stock is still 43.17% above its 52-week low.
What is the historical price of gold?
| today | 1 week ago | 1 month ago | 1 year ago |
|---|---|---|---|
| $4,556.21 | $4,699.52 | $4,676.64 | $3,247.13 |
A week ago, gold was trading at $4,699.52 per ounce. Since then, the price has fallen by 3.05%.
A month ago, gold was trading at $4,676.64 per ounce. Since then, the price has fallen by 2.58%.
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What is driving the price of gold today?
The price of gold is driven by inflation expectations, central bank policies, global economic conditions, and investor demand. The strength of currencies, especially the US dollar, can influence daily prices, as well as physical and industrial demand. For more on the market, read the latest investment news on USA TODAY Money.
What is XAU/USD?
XAU/USD is the ticker symbol used to track the spot price of gold in US dollars.
XAU stands for 1 troy ounce of gold and USD stands for US dollar. The estimated price tells you how many dollars it costs to purchase one ounce.
Prices are usually quoted per troy ounce, which is slightly heavier than a standard ounce.
Spot prices reflect real-time market transactions and serve as a benchmark for futures contracts, ETFs, and retail bullion prices.
how to invest in gold
You can invest in gold by buying physical coins and bars, buying ETFs that track the price of gold, or investing in mining stocks. Be sure to weigh costs, storage needs, and risk tolerance before making a decision. The retail price of a coin or bar typically includes a premium over the spot price.
Disclaimer: This USA TODAY Money article was automatically generated using live market data from Alpha Vantage. If you think we made a mistake or have feedback, please use this form.
