Gold Opens at $4,068.90, Barely Holding Above $4,000

Gold cost $4,068.90 per ounce when trading opened on July 16, 2026 — up just 0.4% from the day before. That's a small move, and prices are barely staying above $4,000. Round numbers like $4,000 act as a mental line in the sand for traders. The market seems to be holding ground, not pushing higher with confidence.