Commodity
Gold Futures
Yahoo gold futures (GC=F), in USD per troy ounce. Futures observations start on 2026-10-09; earlier data uses the LBMA gold PM benchmark. Futures differ from spot, and source changes and contract rolls can cause discontinuities.
Latest
4,013 USD/oz
-25.50 USD/oz
Gold Futures latest observations
- Observed
- 2026-10-28
- Latest
- 4,046 USD/oz
- Change from previous
- ▼ -28.50 USD/oz
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
Gold Futures: latest value and prior change
As of 2026-10-27, Gold Futures is 4,013 USD/oz. It is 25.50 USD/oz lower than 4,038 USD/oz on 2026-10-26.
Across 699 available observations from 2024-01-02 to 2026-10-27, the latest value is at the tie-adjusted 66th percentile.
- Observed on
- Default comparison window
- 2024-01-02–2026-10-27
- Observations · observed cadence
- 699 · Daily
- Data source
- Yahoo Finance
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
2026-07-24 → 2026-10-27 · USD/oz
- First
- 4,067 USD/oz
- 2026-07-24
- Latest
- 4,013 USD/oz
- 2026-10-27
- Window low
- 4,001 USD/oz
- 2026-07-29
- Window high
- 4,664 USD/oz
- 2026-08-24
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
Gold Futures
2024-01-02–2026-10-27
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-10-27 | 4,013 USD/oz | 2026-10-26 | -25.50 USD/oz |
| 2026-10-26 | 4,038 USD/oz | 2026-10-23 | 30.50 USD/oz |
| 2026-10-23 | 4,008 USD/oz | 2026-10-22 | -52.50 USD/oz |
| 2026-10-22 | 4,060 USD/oz | 2026-10-21 | -89.60 USD/oz |
| 2026-10-21 | 4,150 USD/oz | 2026-10-20 | 7.40 USD/oz |
| 2026-10-20 | 4,143 USD/oz | 2026-10-19 | -17.50 USD/oz |
| 2026-10-19 | 4,160 USD/oz | 2026-10-16 | -21.00 USD/oz |
| 2026-10-16 | 4,181 USD/oz | 2026-10-15 | 11.00 USD/oz |
| 2026-10-15 | 4,170 USD/oz | 2026-10-14 | 62.20 USD/oz |
| 2026-10-14 | 4,108 USD/oz | 2026-10-13 | -69.40 USD/oz |
Source: Yahoo Finance
Interpretation guide
Reading gold futures through real rates and the dollar
This series tracks Yahoo gold futures (GC=F) in U.S. dollars per troy ounce. Because gold pays no interest, it is highly sensitive to U.S. real yields and the dollar, with central-bank buying and crisis-driven safe-haven demand layered on top.
Price basis change on 2026-10-09
From 2026-10-09, gold and silver use Yahoo futures GC=F and SI=F, and the ratio uses both futures on matching dates. Earlier observations use LBMA spot benchmarks. Futures reflect delivery terms and carrying costs. Changes across the source transition or contract rolls are not investment returns.
The three forces behind the price
Gold competes with interest-bearing assets, so rising inflation-adjusted yields raise the cost of holding it. Falling real rates, a softer dollar, geopolitical stress, and reserve diversification by emerging-market central banks work in the opposite direction.
- When the US 10-year yield climbs faster than inflation expectations, gold rallies tend to lose momentum.
- If gold holds firm while real rates rise, look for a different buyer, such as official-sector or crisis demand.
- Gold and the dollar rising together usually signals systemic hedging rather than a simple inflation trade.
Judge combinations, not levels
Gold has no natural valuation band, so the mix of signals matters more than the absolute price. Line this series up with the US Treasury 10Y, US CPI, VIX, and gold-silver ratio series on TapeFlow before drawing conclusions.
- Gold up alongside a VIX spike and falling equities reads as a flight to safety and a cue to review risk exposure.
- Gold up while the gold-silver ratio falls points to broad precious-metal strength rather than pure defense.
- Gold stalling near record highs without follow-through deserves a check for exhausted catalysts.
The won-denominated blind spot
Korean investors experience gold through the won-converted price, which is the dollar price multiplied by USD/KRW. A flat dollar gold price can still produce gains in KRX gold-market quotes or local gold ETFs when the won weakens, so the two drivers should be separated.
- Always pair this series with TapeFlow's USD/KRW series when evaluating gold returns in won terms.
- If currency moves explain most of the gain, recognize the position was effectively a dollar bet, not a gold bet.
- Treat gold as a long-horizon purchasing-power hedge rather than a short-term inflation trade when sizing it.
Related views
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USD/KRW
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Adds dollar and FX context to gold.