Gold's 2026 Rollercoaster: From $5,600 to Under $4,000 and Back
Gold's 2026 Rollercoaster
$/oz, Jan–Aug 2026
$5,600
$4,800
$4,000
Jan: ~$5,600
Jun: <$4,000
Aug: $4,541
Jan
Apr
Jul
Aug
January
~$5,600
All-time high, 12 records in one month
June
<$4,000
−29% from peak, sharp correction
August
$4,541
New record, +72% year-over-year
Sources: Vietnam.vn market analysis, CBC News, Seattle N · Aug 2026