Gold Price Today: Real-Time Updates & Market Analysis (May 7, 2026)

Updated May 7, 2026, 12:13 p.m. ET

How much is gold per ounce today?

As of May 7, 2026, at 12:05 p.m. ET, the spot price of gold was $4,725.46 per ounce, according to the latest market data. That's up 2.95%, a gain of $135.39 from the previous close of $4,590.07.

One year ago, gold traded at $3,397.21 per ounce, meaning prices have risen 39.10% over the past 12 months.

Key levels to watch this week:

52-week low: $3,182.44

52-week high: $5,477.79

Gold is trading 13.73% below its 52-week high. It remains 48.49% above its 52-week low.

What is the historical price of gold?

TodayOne Week AgoOne Month AgoOne Year Ago$4,725.46$4,560.71$4,659.87$3,397.21

A week ago, gold traded at $4,560.71 per ounce. Prices are up 3.61% since then.

A month ago, gold traded at $4,659.87 per ounce. Prices are up 1.41% since then.

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What's driving gold prices today?

Gold prices are driven by inflation expectations, central bank policy, global economic conditions and investor demand. Currency strength, especially the U.S. dollar, along with physical and industrial demand, can also affect daily prices. For more coverage of markets, read the latest investing news at USA TODAY Money.

What does XAU/USD mean?

XAU/USD is the ticker symbol used to track the spot price of gold in U.S. dollars.

XAU represents one troy ounce of gold, while USD represents the U.S. dollar. The quoted price shows how many dollars are required to purchase one ounce.

Prices are typically quoted per troy ounce, which is slightly heavier than a standard ounce.

Spot prices reflect real-time market trading and serve as a benchmark for futures contracts, ETFs and retail bullion pricing.

How to invest in gold

You can invest in gold by buying physical coins or bars, purchasing ETFs that track its price, or investing in mining stocks. Be sure to weigh costs, storage needs and risk tolerance before making a decision. Retail prices for coins and bars typically include premiums above the spot price.

Disclaimer: This USA TODAY Money story was generated automatically using live market data from Alpha Vantage. If you feel there's an error or have any feedback, please use this form.