Staff Answer
Jun 02, 2026 - 06:14 AM
As of 9:00 AM ET today, June 2, 2026, the gold spot price rose 0.28% to $4,526.50 per troy ounce (equating to $145.53 per gram and $145,530.35 per kilo), up from yesterday’s price of $4,513.80. This morning's gains are primarily driven by a pullback in the 10-year U.S. Treasury note yields and a minor cooling in crude oil following diplomatic progress in Lebanon. Investors are aggressively leveraging bullion as a core defensive hedge against structural, 1970s-style global stagflation.
