As of , the price of gold is trading at approximately $4,690.36 per troy ounce , representing a slight daily increase of about 0.15% . Current Market Snapshot
: The price has risen roughly 3.86% over the past month, recovering from a sharp 10% correction in March.
: Ongoing large-scale regional conflict in the Middle East, including the closure of the Strait of Hormuz on March 27, has added a significant risk premium to gold.