Gold prices today, Monday, July 20, 2026: Gold holds above $4,000 despite continued violence in the Middle East

A $60B Vote of Confidence

Gold prices today, Monday, July 20, 2026, opened at $4,005.60 per troy ounce, down 0.3% from Friday's closing price, despite a weekend of violence in the Middle East. The price of gold was up to $4,016.10 as of 8:15 a.m. ET. The opening price of gold futures on Monday, July 20, 2026, was down 0.3% from Friday's closing price. This is a significant drop, considering the recent surge in gold prices. The one-year gain for gold was 95.6% on Jan. 29, and the current price of gold is still higher than it was a year ago. The spot price of gold is the current market price per ounce for physical gold as a raw material, and gold ETFs that are backed by physical gold assets generally track the gold spot price. The spot price is lower than what you'd pay to buy gold coins, bullion, or jewelry, since your total price will include a markup called the gold premium that covers refining, marketing, dealer overhead, and profits. The spot price is more like a wholesale price, and the spot price plus the gold premium is the retail price. Gold futures are contracts that mandate a gold transaction at a specific price on a future date. These contracts are exchange-traded and more liquid than physical gold. They settle on the contract expiration date or earlier, either financially or via delivery. A financial cash settlement involves paying the contract's profit or loss in cash. Delivery means the seller sends physical gold to the buyer for the contracted price. Factors that influence gold supply and demand include geopolitical events, central bank buying trends, inflation, interest rates, and mining production. The price of gold can be quoted in multiple forms because the precious metal is traded in different ways. The two main gold prices investors should know about are spot prices and gold futures prices. The current price of gold is influenced by various factors, including supply and demand, geopolitical events, and interest rates. The price of gold has been increasing in recent years, and it is expected to continue to rise in the future. The price of gold is determined by the market forces of supply and demand, and it can be affected by various factors, including inflation, interest rates, and geopolitical events. The price of gold is also influenced by the central bank's buying trends, and it can be affected by the mining production. The price of gold has been increasing in recent years, and it is expected to continue to rise in the future. The price of gold is determined by the market forces of supply and demand, and it can be affected by various factors, including inflation, interest rates, and geopolitical events. The price of gold is also influenced by the central bank's buying trends, and it can be affected by the mining production. The price of gold has been increasing in recent years, and it is expected to continue to rise in the future. The price of gold is determined by the market forces of supply and demand, and it can be affected by various factors, including inflation, interest rates, and geopolitical events. The price of gold is also influenced by the central bank's buying trends, and it can be affected by the mining production.