Gold Price in August 2026
In August 2026, gold rose 7.0%, from $4,107.00 at the end of July to $4,396.40 per troy ounce on August 31, 2026. The highest close was $4,697.80 on August 23, 2026, the lowest $4,090.50 on August 2, 2026, and the average over 26 trading days was $4,472.70. Today's price is 11.8% lower than the August 2026 close.
Gold ended August higher. What usually happens in September after a higher August →
- Gold rose 7.0% in US dollars in August 2026, leaving it up 1.3% for the year to date.
- Measured in other currencies, the change ranged from +4.4% in ZAR to +8.8% in TRY, because exchange rates moved too.
- It did better than US stocks (+2.7%), and worse than silver (+12.2%) and bitcoin (+25.1%).
- It closed higher on 13 trading days and lower on 9, with an average daily move of 1.01%.
- At the end of the month it was 17.3% below its highest close since 2000.
- Gold/silver ratio: 71.3 → 68.0.
- The biggest reaction to a scheduled US release was to the CPI inflation (July 2026) on 12 August: −1.1% that day.
Gold price chart, August 2026
US dollars per troy ounce · daily closeGold in other currencies, August 2026
| Currency | Change in the month |
|---|---|
| TRY | +8.8% |
| CHF | +7.4% |
| PKR | +6.9% |
| JPY | +6.8% |
| CNY | +6.6% |
| EGP | +6.5% |
| INR | +6.4% |
| GBP | +6.3% |
| EUR | +6.2% |
| CAD | +5.8% |
| AUD | +4.8% |
| ZAR | +4.4% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, August 2026
| Asset | Change (USD) |
|---|---|
| Gold | +7.0% |
| Silver | +12.2% |
| Bitcoin | +25.1% |
| S&P 500 (with dividends) | +2.7% |
| US inflation (CPI, month) | +0.32% |
| Gold, year to date (end of August) | +1.3% |
| Gold/silver ratio | 71.3 → 68.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
The Fed and US Data in August 2026
Scheduled US releases this month and how gold moved. For Fed decisions the move covers two sessions, because the statement comes after the gold futures settle.
| Date | Release | Result | Gold |
|---|---|---|---|
| Fri 7 Aug | Jobs report (July 2026) | — | 0.0% |
| Wed 12 Aug | CPI inflation (July 2026) | — | −1.1% |
Daily Gold Prices, August 2026
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Aug 2Sun | $4,090.50 | −0.40% | $131.51 | ₹1,25,466 | AED 482.85 |
| Aug 3Mon | $4,152.60 | +1.52% | $133.51 | ₹1,27,276 | AED 490.18 |
| Aug 4Tue | $4,305.20 | +3.67% | $138.42 | ₹1,31,629 | AED 508.19 |
| Aug 5Wed | $4,299.60 | −0.13% | $138.24 | ₹1,31,430 | AED 507.53 |
| Aug 6Thu | $4,399.70 | +2.33% | $141.45 | ₹1,34,822 | AED 519.35 |
| Aug 7Fri | $4,399.70 | 0.00% | $141.45 | ₹1,34,822 | AED 519.35 |
| Aug 9Sun | $4,419.70 | +0.45% | $142.10 | ₹1,35,291 | AED 521.71 |
| Aug 10Mon | $4,441.10 | +0.48% | $142.78 | ₹1,36,212 | AED 524.23 |
| Aug 11Tue | $4,467.50 | +0.59% | $143.63 | ₹1,36,997 | AED 527.35 |
| Aug 12Wed | $4,420.40 | −1.05% | $142.12 | ₹1,35,503 | AED 521.79 |
| Aug 13Thu | $4,437.30 | +0.38% | $142.66 | ₹1,36,102 | AED 523.79 |
| Aug 14Fri | $4,437.30 | 0.00% | $142.66 | ₹1,36,102 | AED 523.79 |
| Aug 16Sun | $4,473.70 | +0.82% | $143.83 | ₹1,37,289 | AED 528.08 |
| Aug 17Mon | $4,420.60 | −1.19% | $142.13 | ₹1,36,006 | AED 521.81 |
| Aug 18Tue | $4,545.30 | +2.82% | $146.13 | ₹1,40,021 | AED 536.53 |
| Aug 19Wed | $4,571.40 | +0.57% | $146.97 | ₹1,40,354 | AED 539.61 |
| Aug 20Thu | $4,680.60 | +2.39% | $150.48 | ₹1,44,123 | AED 552.50 |
| Aug 21Fri | $4,680.60 | 0.00% | $150.48 | ₹1,44,123 | AED 552.50 |
| Aug 23Sun | $4,697.80 | +0.37% | $151.04 | ₹1,44,544 | AED 554.54 |
| Aug 24Mon | $4,694.50 | −0.07% | $150.93 | ₹1,44,476 | AED 554.15 |
| Aug 25Tue | $4,653.30 | −0.88% | $149.61 | ₹1,39,952 | AED 549.28 |
| Aug 26Wed | $4,664.00 | +0.23% | $149.95 | ₹1,43,099 | AED 550.55 |
| Aug 27Thu | $4,529.90 | −2.88% | $145.64 | ₹1,39,043 | AED 534.72 |
| Aug 28Fri | $4,529.90 | 0.00% | $145.64 | ₹1,39,043 | AED 534.72 |
| Aug 30Sun | $4,481.50 | −1.07% | $144.08 | ₹1,37,427 | AED 529.00 |
| Aug 31Mon | $4,396.40 | −1.90% | $141.35 | ₹1,34,442 | AED 518.96 |
How August usually goes for gold
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.5% and a median of +1.1%. Every August since 1971 →
Gold in August 2026: FAQ
What was the price of gold in August 2026?
Gold traded between $4,090.50 and $4,697.80 per troy ounce (daily closes) in August 2026, averaging $4,472.70. It closed the month at $4,396.40.
How much did gold go up in August 2026?
Gold rose 7.0%, from $4,107.00 to $4,396.40. The biggest daily rise was +3.7% on August 4, 2026 and the biggest fall −2.9% on August 27, 2026.
What was the gold price on August 2, 2026?
Gold closed at $4,090.50 per troy ounce on August 2, 2026, the first trading day of the month. 24K India, ₹ per 10 g: ₹1,25,466.
Is August usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.5% and a median of +1.1%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in August 2026?
Gold rose 6.4% in Indian rupee terms in August 2026, compared with +7.0% in US dollars.
Did gold beat stocks in August 2026?
Yes. Gold was +7.0% for the month, against +2.7% for the S&P 500 with dividends.
How did gold react to the Fed and US data in August 2026?
Of 2 scheduled US releases this month, the biggest move came after the CPI inflation (July 2026) on 12 August: −1.1%. The full list with each reaction is on this page.
Did gold keep up with inflation in August 2026?
US consumer prices (CPI) changed +0.32% in August, so gold's real (inflation-adjusted) change was about +6.7%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinaugust, author = {{Corgano}}, title = {Gold Price in August 2026}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2026/august}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}