Spot gold climbed nearly 2% to $4,606.99 per ounce on August 21, 2026, driven by dollar weakness and safe-haven demand amid economic uncertainty.

Gold and silver surged on Wednesday, August 19, 2026, as a weaker dollar and falling real yields sparked safe-haven buying, with a strong LatAm mining read.

Gold prices are set for a third weekly gain, rising over 3% as US Treasury buybacks lowered yields and dollar value, boosting bullion to $4,530 an ounce.