Gold Price Today: Gold Falls 1.74% on July 28, 2026
The spot price of gold fell by 1.74% on July 28, 2026, to $4,043.61 per ounce. Despite the daily decline, the commodity remains significantly higher than its price one year ago.
Why it matters
Gold price fluctuations serve as a key indicator of investor sentiment regarding inflation, central bank policies, and global economic stability.
Hear this story How much is gold per ounce today? As of July 28, 2026, at 12:05 p.m. ET, the spot price of gold was $4,043.61 per ounce, according to the latest market data. That's down 1.74%, a decline of $71.72 from the previous close of $4,115.33.
One year ago, gold traded at $3,333.58 per ounce, meaning prices have risen 21.30% over the past 12 months.
Gold is trading 26.18% below its 52-week high. It remains 23.11% above its 52-week low.
A week ago, gold traded at $4,011.32 per ounce. Prices are up 0.80% since then.
A month ago, gold traded at $4,089.29 per ounce. Prices are down 1.12% since then.
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