As of June 11, 2026, the price of gold is $4,083 per ounce, reflecting a recent increase and up significantly from last year. Key statistics indicate a daily drop of 1.66%, a month-to-month decrease of 13.44%, but an annual increase of 22.5%. Investing in gold is recommended as a hedge against inflation, given its long-term upward trend in value. Various investment methods include physical gold, ETFs, and futures contracts, while the spot price fluctuates based on market demand. Gold can complement a diversified portfolio, especially amid economic uncertainties. Additional information is available regarding current prices for other precious metals like silver, platinum, and palladium.

We have independently evaluated the products and services below. We may earn affiliate revenue from links in the content.

Learn More.

Trendingnow

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

3

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

3

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

Personal Finance gold prices

Current price of gold as of June 11, 2026

Danny Bakst

By Danny Bakst Danny Bakst

Director of Affiliate Marketing Down Arrow Button Icon

Danny Bakst

By Danny Bakst Danny Bakst

Director of Affiliate Marketing Down Arrow Button Icon

June 11, 2026, 9:04 AM ET

Add us on

Getty Images

As of 9 a.m. Eastern Time on June 11, 2026, gold was priced at $4,083 per ounce. This represents a $69 rise from yesterday at the same hour and an increase of $750 compared to one year ago.

	Gold price per ounce	% Change
Price of gold yesterday	$4,152	-1.66%
Price of gold 1 month ago	$4,717	-13.44%
Price of gold 1 year ago	$3,333	+22.50%

Price of gold yesterday
Gold price per ounce	$4,152
% Change	-1.66%
Price of gold 1 month ago
Gold price per ounce	$4,717
% Change	-13.44%
Price of gold 1 year ago
Gold price per ounce	$3,333
% Change	+22.50%

If you’re searching for an investment that doesn’t move in lockstep with inflation, gold could be a smart pick. Over time, gold has generally shown an upward trend in value. Many investors use a gold IRA to buy and hold gold, which can help stabilize a portfolio during market swings. It’s also a convenient option for those who want to avoid the hassle of storing physical gold.

Prices current as of June 11, 2026. Fortune publishes a daily price of gold post each weekday that data is available.

Check Out Our Daily Rates Reports

Discover the highest high-yield savings rates, up to 5% for June 12, 2026.
Discover the highest CD rates, up to 4.30% for June 12, 2026.
Discover the top CD rates from major banks on June 12, 2026.
Discover the current mortgage rates for June 12, 2026.
Discover current refi mortgage rates report for June 12, 2026.
Discover current ARM mortgage rates report for June 12, 2026.
Discover the current price of gold for June 12, 2026.
Discover the current price of silver for June 12, 2026.

Historical gold price chart

Gold isn’t always the top performer. In times of economic strength, stocks can yield better returns both short and long term. Between 1971 and 2024, the average annual return for stocks was 10.7%, while gold averaged 7.9% annually.

Nevertheless, gold is often favored as a low-risk asset during economic uncertainty. For this reason, some investors treat it more as a store of value than as a traditional investment like stocks or bonds.

What does “spot gold” mean?

The spot price of gold is the current price for immediate purchase or sale in the over-the-counter market. This price helps investors track gold demand and market trends in real time. In simple terms, a higher spot price indicates stronger demand for gold. Unlike futures, the spot price refers to immediate delivery.

When the price for future delivery is higher than the spot price, it’s called contango, which is typical for commodities with storage costs. If the futures price is below the spot price, it’s known as backwardation.

Numerous variables can affect the spot price, making it highly volatile. Investors in gold should be prepared for these price swings.

What is price spread in gold trading?

The price spread is the difference between an asset’s buying price and its selling price.

In gold markets, the ask price is the cost to purchase, while the bid price is what you’d get for selling. The bid is always lower than the ask.

A smaller spread means the market is more liquid. When spreads are narrow, it usually points to increased gold demand.

How to invest in gold

If you imagine gold investing as a cartoonish dive into a pile of coins, that’s only part of the story. While physical gold bars, coins, or jewelry are options, most gold trading happens through exchange-traded funds (ETFs).

James Taska, a fee-based financial advisor, says, “There is a great debate as to whether paper gold is as useful as the physical. From a financial advisor’s viewpoint, it is much easier to rebalance a client’s allocation of gold if it is owned as an exchange-traded fund (ETF), and the spread when attempting to buy/sell gold can be quite variable and wide.”

Some common gold investment methods include:

Gold bars: Also called bullion, these are sold by weight, with details like purity and manufacturer marked on the bar. There are also gold rounds.
Gold coins: Collectibles such as the American Gold Eagle coin, often sold at a premium due to their rarity.
Gold jewelry: Priced above the gold content for design and craftsmanship.
Gold futures contracts: Agreements to buy gold at a set price in the future, letting investors speculate on price movements without handling the metal.
Gold funds: Mutual funds or ETFs invested in gold assets, whose value changes with the underlying holdings.

Is it a good time to invest in gold?

Deciding if now is the best time to buy gold is subjective. Still, gold can help diversify your portfolio and reduce the impact of market volatility.

Gold remains a stable choice amid market turbulence. Prices have surged to record highs, up over 25% since early 2025, driven by inflation and uncertainty. Many experts see this as a good time to add gold for diversification.

Current precious metals prices as of 9 a.m. ET on June 12, 2026

Precious Metal	Price per ounce
Gold	$4,083
Silver	$64
Platinum	$1,669
Palladium	$1,237

Gold
Price per ounce	$4,083
Silver
Price per ounce	$64
Platinum
Price per ounce	$1,669
Palladium
Price per ounce	$1,237

Silver, platinum, and palladium are also popular among investors. Gold is usually less volatile than silver, which can see significant price swings even within a day. Silver’s widespread industrial use makes it more sensitive to economic trends.

Platinum and palladium share similar traits with silver. While they offer diversification benefits, they tend to be more volatile than gold.

The takeaway

The U.S. economy has been unsettled for some time, with persistent inflation making an impact. Gold can serve as a hedge against inflation in your portfolio. Thanks to various ways to buy, gold is accessible to investors of all experience levels. Whether using a gold IRA or a more active investment approach, gold can help achieve both short- and long-term goals.

Frequently asked questions

What is the best way to own gold?

Many investors opt for gold ETFs, which provide a managed basket of easily traded assets.

Is gold a good investment?

Gold is often chosen by those wanting to diversify and hedge against inflation. There are many straightforward ways to invest in gold.

Should I buy gold coins or gold bars?

Gold coins are collectibles and may command a higher price per ounce than bars. Their collectible and historical value can make them appealing. U.S. minted coins may also help protect against counterfeit bars.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.

About the Author

By Danny BakstDirector of Affiliate Marketing

LinkedIn icon

See full bioRight Arrow Button Icon

Latest in Personal Finance