Answer
Jan 16, 2026 - 06:14 AM
As of 9 AM ET on January 16, 2026, the spot price of gold stands at $4,599.62 per ounce, reflecting a decline of -0.30% from $4,613.50 at the same time yesterday. This modest pullback is driven by profit-taking after recent record highs, a strengthening U.S. dollar, and some de-escalation in U.S.-Iran tensions, though safe-haven demand persists amid Fed rate cut expectations.
