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Gold closed at $4,340.70 per troy ounce on 7 August 2026, up $98.70 (2.33%) from the previous close of $4,242.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,400.30, making this a +27.66% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,340.70 per troy ounce on 7 August 2026. That is $98.70 higher than the previous close of $4,242.00, a move of 2.33%.
The gold price rose on 7 August 2026, gaining $98.70 (2.33%) against the previous session's close of $4,242.00.
At $4,340.70 per troy ounce, one gram of pure gold was worth about $139.56 on 7 August 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 August 2026 18k gold was worth about $104.67 per gram and 14k about $81.41 per gram, against $139.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.5 on 7 August 2026, meaning one ounce of gold was worth roughly 68.5 ounces of silver.
A week before 7 August 2026, gold was around $4,049.10 per troy ounce, so the close of $4,340.70 is a gain of 7.2% over the week.
A month before 7 August 2026, gold was around $4,145.30 per troy ounce, so the close of $4,340.70 is a gain of 4.7% over the month.
A year before 7 August 2026, gold was around $3,400.30 per troy ounce. The close of $4,340.70 therefore represents a rise of 27.7% over twelve months.