Tactical Asset Allocation
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Gold ($/oz, IMF PCPS monthly avg)

Gold ($/oz, IMF PCPS monthly avg) stands at $4,075 as of July 2026, up from $3,342 a year earlier. The reading sits in the 98th percentile of its history back to 1992.

$5,253$2,636$19 1992 2009 2026
Gold ($/oz, IMF PCPS monthly avg), 1992–2026. Updated 2026-08-30.
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Latest (July 2026)$4,075
One year ago$3,342
10-year range$1,151 – $5,015
All-time range$257 (1999) – $5,015 (2026)
Change over 12 months+$733 — peaked at $5,015 in 2026
Percentile vs. full history98th
History1992–2026 (415 observations)

What it is & how to read it

Gold, monthly average of daily prices (IMF Primary Commodity Price System). A barometer of real-rate expectations, currency debasement concern, and crisis hedging demand. Strength alongside rising breakevens reinforces an inflationary read; strength with falling yields suggests safe-haven demand.

Related charts

Headline CPI YoYCore CPI YoYCore PCE YoY5Y Breakeven10Y BreakevenPPI Final Demand YoY
Embed this chart — free with attribution: <iframe src="https://www.tacticalassetallocation.com/charts/gold-price/embed.html" width="800" height="360" loading="lazy" style="border:1px solid #ddd;border-radius:8px"></iframe> <a href="https://www.tacticalassetallocation.com/charts/gold-price/">Gold ($/oz, IMF PCPS monthly avg) — Cambria Chart Lab</a>
Source: Global Financial Data. Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.