Today’s Gold Prices: February 4, 2026

2 1 minute read

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Today’s gold prices are on the rise compared to yesterday.

Here are the latest gold futures prices along with a comparison to yesterday’s prices and overall trends:

Gold futures open today, Feb. 4: $5,071.56 per troy ounce

Gold futures closed yesterday, Feb. 3: $4,935.00 per troy ounce

Percent change: Up 2.77%

Last five-day change: Gold has dropped 4.69% in the last five days.

Note: These prices are subject to fluctuations throughout the day.

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Gold as a Portfolio Asset

Historically, gold has shown lower performance compared to the stock market. However, in the past two years, gold has outperformed with gains of 28% and 65% in 2024 and 2025, respectively. During the same period, the S&P 500 saw gains of 25% and 18%.

Gold is typically considered a long-term investment rather than a short-term strategy. Due to its weak correlation with the stock market, gold serves as a hedge against inflation, market volatility, and declining interest rates over time.

For long-term investors seeking diversification, allocating 5% to 10% of their capital to alternative investments like gold can help reduce overall portfolio risk while offering additional upside potential to traditional equity investments.

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Investing in Gold

There are various ways to invest in gold for those interested in adding it to their portfolios. Physical gold ownership can be integrated into retirement savings plans through gold IRAs, which are carefully reviewed monthly.

Money has also evaluated numerous online gold dealers that offer free and insured shipping, buyback guarantees, and secure storage at IRS-approved depositories.

However, investing in gold doesn’t always require owning physical metal. Investors comfortable with equity markets can gain exposure through gold exchange-traded funds (ETFs) and mutual funds.

While gold-backed ETFs and physical gold don’t yield returns, some gold mining companies’ stocks pay dividends. Investing in companies like AngloGold Ashanti can provide investors with gold’s appreciation potential and income.