Gold prices today, Tuesday, July 14, 2026: Iran crisis drives prices lower

Gold (GC=F) August futures opened astatine $4,005.90 per troy ounce connected Tuesday, July 14, 2026, fundamentally unchanged from Monday's closing price. The terms of golden moved somewhat higher this greeting to $4,007.70 per troy ounce arsenic of 7:50 a.m. ET.

Today's opening terms of golden is the lowest since precocious June, arsenic struggle continues to escalate betwixt the U.S. and Iran. The United States says they are reinstituting a naval blockade of Iranian ports, and is proposing a 20% interest to defender the ships passing done the Strait of Hormuz.

The renewed tensions successful the Middle East proceed to propulsion lipid prices higher. Brent crude prices (BZ=F) are up 13.7% successful the past five-day period, thrusting ostentation concerns backmost to the forefront of consumers' minds astir the globe.

Yahoo Finance's Emma Ockerman reports:

The June Consumer Price Index volition beryllium released contiguous astatine 8:30 a.m. ET. Economists surveyed by Bloomberg expect authorities information to amusement ostentation fell 0.1% from May and roseate 3.8% from a twelvemonth ago, a moderation from May's bruising study arsenic state prices eased acknowledgment to a now-disintegrating ceasefire successful the warfare with Iran.

If bid successful the Middle East is unattainable, astatine slightest implicit the adjacent respective weeks, the July CPI study volition bespeak this latest ramp-up successful lipid prices.

Current terms of golden

The opening terms of golden futures connected Tuesday was level compared to Monday's opening price. Here's a look astatine however the opening golden terms has changed versus past week, month, and year:  

• One week ago: -2.9%

• One period ago: -4.8%

• One twelvemonth ago: +19% (this is our lowest year-over-year terms summation connected record)

The precious metal's one-year summation was 95.6% connected Jan. 29. 

24/7 golden terms tracking: Don't hide you tin show the existent terms of golden connected Yahoo Finance 24 hours a day, 7 days a week. 

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Learn more: Who decides what golden is worth? How golden prices are determined.

Risks and considerations for golden investors 

Gold has the aforesaid high-level hazard arsenic immoderate investment: You could suffer money. And, arsenic with different investments, a nonaccomplishment connected golden tin materialize successful antithetic ways. Understanding the imaginable outcomes is the archetypal measurement to managing your hazard erstwhile investing successful gold.

According to golden experts, would-be golden investors should recognize these 4 risks:

1. Price

2. Speculation

3. Opportunity outgo

4. Fraud 

Today, we'll absorption connected the archetypal two: terms and speculation. 

Learn more: How to put successful golden successful 7 steps

Price hazard

There is simply a terms hazard for investors who bargain golden erstwhile the metallic is nearing grounds precocious prices. "Buying precocious to anticipation for short-term higher is simply a pugnacious strategy," said Darrell Fletcher, managing director, commodities astatine Bannockburn Capital Markets.

Despite the precocious prices, determination are affirmative dynamics successful play for the precious metal. Fletcher pointed retired that golden is recovering from decades of debased prices, and it's an progressively fashionable diversification plus for cardinal banks and idiosyncratic investors. 

The close expectations, a agelong timeline, and an due allocation tin bounds your pricing risk. "Gold should not beryllium seen arsenic a operator of supercharged returns — it's determination to enactment chiefly arsenic a stabilizer successful a diversified portfolio," explained Alex Tsepaev, main strategy serviceman of B2PRIME Group.

If you are funny successful learning much astir gold's humanities value, Yahoo Finance has been tracking the humanities terms of golden since 2000. 

Speculation hazard

Thomas Winmill, portfolio manager astatine Midas Funds, encourages investors to presumption positions successful golden bullion, coins, and ETFs arsenic speculative. Gold is simply a commodity, and "commodity prices are babelike connected macroeconomic, political, industrial, and fiscal factors that are unpredictable, and successful immoderate cases, unknowable." 

Despite its caller performance, golden is an unpredictable asset. Keeping that successful caput erstwhile making trading decisions could support you from over-exposure and unrealistic expectations. 

Learn more: Thinking of buying gold? Here's what investors should ticker for.

Price of golden illustration

Whether you're tracking the terms of golden since past period oregon past year, the terms of golden illustration beneath shows the precious metal's alteration successful value.