Gold & coins

Gold Ounce (USD) Records Largest Weekly Loss

Gold Ounce (USD) recorded its largest weekly loss across a 5-day lookback period, dropping 5.27 percent during the session ending August 31, 2026. The move s...

Market event cover: large price move

Gold Ounce (USD) recorded its largest weekly loss across a 5-day lookback period, dropping 5.27 percent during the session ending August 31, 2026. The move significantly exceeds the previous record loss of 4.21 percent tracked over the same duration.

Interactive price chart

Event Details

During the August 31 session, Gold Ounce (USD) opened at 4,442.11 and reached a high of 4,468.94 before touching a session low of 4,401.52. The asset ultimately settled at a close of 4,418.12, accompanied by a daily return of -0.81 percent and an intraday range of 1.53 percent. The 5-day decline of 5.27 percent outpaces the earlier comparative record of a 4.21 percent drop.

Conclusion

The 5.27 percent weekly contraction establishes a new high-water mark for recent downward momentum over a 5-day window, widening the margin beyond the prior 4.21 percent benchmark.

Live rates

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