🔥 Gündem Gold Prices Hold Near 3-Month High Amidst Shifting Market Dynamics

As of August 23, 2026, the price of gold is exceptionally high, with one troy ounce trading around $4,526.45 ⁴. This reflects significant market anxieties despite elevated interest rates and a strong US Dollar ⁴. Central banks have been making record purchases, with 288.9 tonnes bought in Q2 2026, providing a structural floor for prices ¹. Gold is expected to remain supported above the $4,500-$4,600 range, potentially paving the way towards $4,700 ¹.

For specific regional prices:

• In the Philippines, the price per gram is ₱9,140.14 PHP, showing a significant rise of 4.57% over the last 7 days ⁵.
• In Delhi, India, 24-carat gold is priced at Rs 158,030.0 per 10 grams ⁷.
• In Canada, the price is C$6,335.89 per ounce ⁸.

Gold prices have recently seen some fluctuations, with a slight dip on Friday due to rising crude oil prices and increased expectations for interest rate hikes ³. Traders are currently pricing in an 81% chance of a September rate hike ³.