AI will summarize what happened, why it matters and what it means for business.
December gold futures rose 0.42% to $4,700.3 per troy ounce, according to trading data on the Comex exchange.
The precious metal's price exceeded the $4,700 mark for the first time since May 14, 2026.
September silver futures fell 0.78% to $68.9 per ounce.
CONTEXTUnderstand the story+
THE WHOLE PICTURE
Understand the story
The essentials in one minute
BeforeMay 14, 2026
Gold exceeded the $4,700 per ounce mark
Now
December gold futures on Comex rose 0.42% to $4,700.3 per ounce, surpassing the $4,700 mark for the first time since May 14, 2026.
Next
Market participants will monitor further price dynamics for gold and silver, as well as macroeconomic data.
How to cite this story
Zeyni Jafarov. “Gold Tops $4,700 per Ounce for First Time Since May”. FinFly.news, August 24, 2026. URL: https://finfly.news/en/economy/gold-tops-4700-per-ounce-first-time-since-may
Who is behind this story
ME
Technology
Meta
The technology company behind Facebook, Instagram, WhatsApp and other communication platforms.