Gold Is Up Sharply in August. What's Driving It Higher?
Gold is rebounding after falling for most of 2026.
Overview
Gold is on the rebound.
The price of the yellow metal hit an all-time high of $5,354 an ounce in late January, then fell 25% over the next five months, dropping below $4,000 an ounce by mid-July.
Details
But the price has risen sharply in August. As I write this, it's trading at around $4,400 an ounce, a gain of 8% in less than two weeks.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.