When gold demand outstrips gold supply, the price of gold goes up. The chief areas of gold demand are in gold jewelry. In 2017, 46% of demand for gold was for jewelry. There is also the use of gold in ...
Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 9:12 am ET, was $2,706.55 per ounce. That’s down 0.33% from yesterday’s gold price of $2,715.38.