Gold Price Today in USA: Gold has been regaining strength in the international markets due to increasing demand by investors in favor of safe-haven assets based on speculation of a change in the policy of interest rate hikes from the US Federal Reserve Bank. Gold price was up by 1.6 percent to $4,308.92 per ounce on 7 August 2026 and witnessed an increase of over 6.6% for the week, its best since November last year while in New York, gold futures prices were at $4,287.50 per ounce.
The positive momentum was also seen in India, where the gold futures contract for the month of October on the MCX increased by ₹1,272 (0.85%) to ₹1,50,130 per 10 grams, while the silver contract for the month of September surged by 3.56% and climbed ₹2,271 (1.54%). Investors will now be looking at the US non-farm payroll numbers due out soon.
LIVE Gold Price Today | International Gold Prices (United States) – 07 August 2026
- Spot Gold: $4,308.92/oz (+1.6%)
- Gold Futures (New York): $4,287.50/oz (+1.13%)
- Gold Price per Ounce (USA): $4,349.14
- Gold Price per Gram: $139.83
- Gold Price per Kilogram: $139,827.99
- Daily Change: +$107.89 per ounce (+2.53%)
- Weekly Performance: +6.6%
Gold Price Per 10 Grams (USD)
| Purity | Price |
| 24K | $1,398.30 |
| 22K | $1,360.00 |
| 18K | $1,113.00 |
Gold Price Per 100 Grams (USD)
| Purity | Price |
| 24K | $13,983.00 |
| 22K | $13,600.00 |
| 18K | $11,130.00 |
US Gold Market Snapshot (07 August 2026)
| Indicator | Value |
| Spot Gold | $4,308.92/oz |
| Gold Futures | $4,287.50/oz |
| Gold per Gram | $139.83 |
| Gold per Kilogram | $139,827.99 |
| Daily Gain | +2.53% |
| Weekly Gain | +6.6% |
| One-Year Return | +24.73% |
| Five-Year Return | +146.82% |
Los Angeles Gold Rate Today
- 24K Gold: Around $139.83 per gram
- 10 grams: Approximately $1,398.30
- Retail premiums vary by jeweller.
- Physical demand remains steady.
- Investment-grade bullion continues to attract buyers.
New York City Gold Rate Today
- Spot market remains highly active.
- Gold futures traded near $4,287.50/oz.
- Retail gold follows international spot prices.
- Strong institutional participation supported prices.
- Investors await US jobs data.
Chicago Gold Rate Today
- Gold prices track COMEX trading.
- Investment demand remains firm.
- Dealers report stable premiums.
- Bullion buying increased after the weekly rally.
- Safe-haven demand continues to support prices.
Houston Gold Rate Today
- 24K gold trades close to national benchmark prices.
- Jewellery demand remains stable.
- Investors continue accumulating bullion.
- Prices reflect global spot movements.
- Premiums vary by dealer.
Arizona Gold Rate Today
- Retail prices remain aligned with international rates.
- Investment bars continue witnessing healthy demand.
- Gold ETFs have supported investor sentiment.
- Buyers remain cautious before payroll data.
- Long-term outlook stays positive.
Texas Gold Rate Today
- Gold remains above $4,300 per ounce internationally.
- Demand for physical bullion remains healthy.
- Dealers report increased enquiries.
- Investors continue hedging against inflation.
- Coin sales remain stable.
Pennsylvania Gold Rate Today
- Retail pricing follows COMEX benchmarks.
- Investment-grade gold remains preferred.
- Daily gains exceed 2.5%.
- Buyers continue averaging purchases.
- Market sentiment remains bullish.
San Diego Gold Rate Today
- Gold trades near record territory.
- Spot prices remain above $4,300/oz.
- Demand from investors continues.
- Retail premiums remain moderate.
- Outlook depends on upcoming Federal Reserve signals.
California Gold Rate Today
- Average price of 24K gold stays at about $139.83 per gram.
- Gold trades over $4,300 per ounce on the international market.
- Physical demand for gold is strong in all major cities.
- Increased investor inquiries reported due to bullish week’s performance.
- Long-term investors are still buying gold to hedge against inflation.
Columbus Gold Rate Today
- Retail prices for gold align themselves with international spot rates.
- Investment bars continue to be sought after.
- Discounts differ based on dealers and products.
- Investors are waiting for US payrolls before investing more into the market.
- The market sentiment is cautiously bullish.
San Francisco Gold Rate Today
- 24K gold is trading close to the domestic benchmark level.
- Investors keep investing in gold despite the uncertainty in the markets.
- The gold ETFs have shown increased interest due to last week’s rise in gold prices.
- Jewellery buying is steady.
- Experts anticipate volatility due to US economic data to be released next week.
Washington Gold Rate Today
- Spot gold stays above $4,300 an ounce.
- Investors stick to safe haven assets.
- Prices in retail follow benchmark changes in the international market.
- Weak US dollar still supports precious metals.
- Gold is among top performing assets in the year.
Major Countries Gold Rates Today: 24K, 22K & 18K
| Country | 24K | 22K | 18K |
| United States (USD) | 140.50 | 136.00 | 111.30 |
| UAE (AED) | 510.50 | 472.75 | 386.80 |
| Saudi Arabia (SAR) | 531.00 | 487.00 | 398.50 |
| Qatar (QAR) | 515.50 | 475.00 | 388.60 |
| Kuwait (KWD) | 42.95 | 39.09 | 32.00 |
| Bahrain (BHD) | 52.40 | 48.90 | 40.00 |
| Singapore (SGD) | 185.90 | 169.80 | 138.90 |
| Malaysia (MYR) | 572.00 | 535.00 | 437.70 |
Gold Rate in USA for Last 5 Days (1 Gram)
| Date | 24K Gold (USD) | Trend |
| 07 Aug 2026 | 139.83 | ▲ |
| 06 Aug 2026 | 136.36 | ▲ |
| 05 Aug 2026 | 133.72 | ▲ |
| 04 Aug 2026 | 130.90 | ▼ |
| 03 Aug 2026 | 131.10 | Stable |
MCX Performance
- MCX Gold September Futures: ₹1,49,793 per 10 grams
- Daily Gain: ₹2,271 (+1.54%)
- MCX Gold October Futures: ₹1,50,130 per 10 grams
- October Contract Gain: ₹1,272 (+0.85%)
- Trading Volume: 1,283 lots
- MCX Silver Futures: ₹2,33,876 per kg
- Silver Jump: ₹8,040 (+3.56%)
- Spot Gold Weekly Gain: 6.6%, the biggest weekly rise in seven months.
Should You Buy Gold Today or Hold Back in the USA?
- Investors with a long-term perspective can continue with their staggered buying.
- Short-term investors need to be prepared for more volatility surrounding the US economic reports.
- A weak US dollar usually results in strong gold prices.
- Declining interest rates will be good for bullion prices.
- Portfolio diversification would be a better choice than making a lump sum investment.
- One needs to pay attention to inflation, yields on treasuries and Fed’s statements before adding to the portfolio.
Gold & Silver Prices Prediction 2026
Gold will still be supported by central bank demand, geopolitical uncertainties and the easing monetary policy outlook. Should the inflation rate be high and interest rates ease in the coming period, experts are expecting bullion to trade near its record-high levels for the remaining part of 2026. Silver is expected to perform well when there is an economic recovery as it is favored both in terms of investment and industrial use especially within renewable energy and electronic industries however, both commodities will be prone to volatility due to market reactions to inflation figures and job statistics.
Will Gold Rate Crash Continue This Week?
Current market indicators do not suggest a broad crash. Instead, prices are showing renewed strength following a strong weekly rally while factors supporting gold include:
- Spot gold was up 1.6% in one day.
- Weekly gain was more than 6.6%.
- The US dollar is still fairly weak.
- Brent crude fell towards $81.74 a barrel.
- Market is pricing in a 55% chance of a rate move from the Federal Reserve in September.
- Better-than-expected US payroll figures may result in temporary profit-taking, while worse figures may bring new gains to bullion.
Frequently Asked Questions (FAQs)
1. Why did gold prices rise sharply on 7 August 2026?
Gold rallied as expectations of aggressive US interest-rate hikes eased, the US dollar weakened and investors increased safe-haven buying ahead of the US non-farm payrolls report. Spot gold climbed 1.6%, while weekly gains exceeded 6.6%.
2. Why did MCX gold and silver surge?
MCX gold futures gained ₹2,271 (1.54%) and silver futures jumped ₹8,040 (3.56%), tracking stronger global bullion prices and fresh buying by market participants.
3. Is gold still a good investment in 2026?
Gold remains a popular portfolio diversifier because it has historically helped investors during periods of inflation, geopolitical uncertainty and market volatility. Investment decisions should match individual financial goals and risk tolerance.
4. What factors will influence gold prices next?
The biggest drivers include US inflation, Federal Reserve interest-rate decisions, employment data, the strength of the US dollar, central-bank purchases and geopolitical developments.
5. Can gold prices become more volatile this week?
Yes. Markets are likely to react quickly to US economic releases, particularly employment data and Federal Reserve commentary, which can lead to short-term price swings.
Disclaimer: Gold prices are indicative market rates and may vary by dealer, taxes, premiums and location. This article is for informational purposes only.
