Personal Finance / Investing Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Gold price today, Friday, November 13, 2026: Gold's down over 4% in the last five days Tim Manni · Fri, November 13, 2026 at 7:38 AM EST 4 min read Gold (GC=F) December futures opened at $3,883.30 per troy ounce on Friday, November 13, 2026, down 2.8% from Thursday's opening price. Gold is up slightly in early trading this morning to $3,898.30 per troy ounce as of 7:25 a.m. ET.
Gold prices opened below $3,900 and are down 7.6% year over year this morning. This is the largest yearly gold price deficit since we began tracking prices for this daily-price series in June 2025. In the last five days alone, gold prices are down over 4%.
Inflation pressures continue to press the Fed to raise rates, and comments from Fed governors this week have Wall Street pricing in a rate increase next month. The question now is not if, but by how much?
Higher interest rates pressure gold prices lower since the precious metal does not pay interest.
Gold opened down 2.8% on Friday, November 13, 2026, from Thursday's open. Here's a look at how the opening gold price has changed versus last week, month, and year:
For context, the one-year gain for gold 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.
Want to learn more about the current top-performing companies in the gold industry? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.
Whether you're tracking the price of gold since last month or last year, the price-of-gold chart below shows the precious metal's change in value so far this year.
Go deeper with AlphaSpace 3,890.90 +5.60 (+0.14%) As of 7:55:28 AM EST. Market Open. How much gold should you own? A gold investment can add stability and inflation protection to your portfolio. But it can also dilute your gains when stock prices are rising quickly. Finding the right balance between gold's diversification benefits and profiting from growth potential in other assets can be challenging.
Even the experts are divided on how to achieve the correct balance. Below, five experts explain their recommended gold allocations, which range from 0% to 20%.
Robert R. Johnson, professor at Creighton University's Heider College of Business, does not advocate gold investing. In his words, "while having a small position in precious metals may dampen portfolio volatility in the short-run, the tradeoff between slightly dampened volatility and the lost long-term return is certainly not a prudent one, particularly for Gen Z/millennials with long investing time horizons."
Brett Elliott, director of content and SEO at American Precious Metals Exchange (APMEX), recommends setting an allocation that aligns with your investing goals.
Growth-oriented investors may be comfortable with an allocation of 10% or 15%, according to Elliott. But income investors will prefer a smaller position, because gold provides no yield. A 2% to 5% gold allocation can provide some resiliency without an excessive drag on income potential.
Blake McLaughlin, executive vice president at Axcap Ventures, said historical data support a gold allocation of 5% to 8%. "Gold may not offer the outsized return potential of private investments, but the metal holds a set of attributes that are increasingly hard to ignore," according to McLaughlin. Those attributes include the metal's resilience amid economic uncertainty and geopolitical unrest.
Thomas Winmill, portfolio manager at Midas Funds, believes most investors will benefit from a long-term gold allocation of 5% to 15%. Winmill specifically advocates investing in gold mining companies through a mutual fund.
Your risk tolerance and current mix of financial versus hard assets can guide you to an appropriate allocation, according to Winmill.
Risk tolerance: Keep your allocation percentage low if you tend to panic in volatile cycles.
Financial vs. hard assets: Financial assets are stocks and bonds. Hard assets include tangible items like real estate, gold, collectibles, classic cars, and equipment. If you have no home equity and your wealth is primarily in financial assets, you can set your gold allocation higher. Or, if your home is paid for and more valuable than your stock portfolio, gold investing may not be necessary.
Vince Stanzione, CEO and founder at First Information, recommends a 20% gold allocation, specifically in physical gold or a gold ETF. Stanzione argues for a higher exposure to gold as a wealth protection strategy. As he says, "gold keeps with inflation and gold retains its purchasing power," while paper currencies are devaluing around the world.
