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Gold prices today, Monday, November 9, 2026: Gold prices steady following Oct. jobs report Tim Manni · Mon, November 9, 2026 at 7:26 AM EST 2 min read Gold (GC=F) December futures opened at $4,074.30 per troy ounce on Monday, November 9, 2026, down 0.6% from Friday's opening price. Gold is moving higher this morning to $4,118.30 per troy ounce as of 7:20 a.m. ET.
Gold prices opened this morning in line with Friday's opening price. Friday morning's October jobs report put a dent in gold price growth by raising expectations for a Fed rate increase next month. Yet a struggling dollar (DX-Y.NYB) this morning has given investors room to buy gold, and gold prices have responded in kind.
Gold futures opened down 0.6% on Monday, November 9, 2026, from Friday's open. Here's a look at how the opening gold price has changed versus last week, month, and year:
For context, gold's one-year gain was 95.6% on Jan. 29.
24/7 gold price tracking: Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week.
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Whether you're tracking the price since last month or last year, the price of gold chart below shows the precious metal's change in value.
Go deeper with AlphaSpace 4,126.70 +51.80 (+1.27%) As of 7:45:29 AM EST. Market Open. Gold prices explained 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 spot price of gold is the current market price per ounce for physical gold as a raw material, sometimes called spot gold. 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.
Supply and demand determine gold spot prices and gold futures prices. Factors that influence gold supply and demand include:
