Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . Gold prices today, Wednesday, July 1: Prices remain below $4,100, but could have plenty of room to rise Tim Manni Wed, July 1, 2026 at 5:05 AM PDT 7 min read Gold August ( GC=F ) futures opened at $4,025 this morning, Wednesday, July 1, 2026, down 0.3% compared to Tuesday's closing price. The price of gold was firming this morning, moving up to $4,046.60 as of 8:03 a.m. ET. Last week we wrote, "Gold prices opened at their lowest level so far this week and are sliding further this morning." Since last Wednesday, gold prices have continued to trend lower to levels last seen in 2025. But despite this sliding trend, some analysts predict gold is " not done ," with plenty of potential for prices to increase as the year moves on. Analysts at JP Morgan recently wrote that they expect gold to rise as high as $6,000 this year due to ongoing central bank demand, with the biggest threat to prices coming from potential Fed rate increases: As a result, Fed policy could significantly shape the trajectory of gold prices. "The most significant bearish risk to our view is a macro scenario where U.S. growth and employment remain buoyant but inflation continues to accelerate, solidifying a Fed hiking cycle this year," said Shearer. "A Fed that feels emboldened by stronger employment momentum and crystallizes behind a need to fight higher for longer inflation could begin to crack investor demand." Read more : Gold price outlook: Could prices hit $6,000 in 2026 ? Current price of gold The opening price of gold futures on Wednesday was down 0.3% compared to Tuesday's opening price. Here's how the opening gold price has changed versus last week, month, and year: One week ago: -1.9% One month ago: -11% One year ago: +21.6% (close to the lowest YOY gain so far this year) For context, on Jan. 29, gold's one-year gain was 95.6%. 24/7 gold price tracking: Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week. Want to learn more about the current top-performing companies in the gold industry ? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria. Considering a gold alternative? If you're looking for a gold alternative, Yahoo Finance also tracks the daily price of silver ( SI=F ) and the daily price of bitcoin ( BTC-USD ) and ethereum ( ETH-USD ). Learn more: Gold alternatives? How to invest in silver, platinum, and palladium. Ways to invest in gold There are different ways to invest in gold, and each has pros and cons. Four common options are: Physical gold Gold mining stocks Gold ETFs Gold futures Physical gold Physical...
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