Gold price surpasses $4,700 per troy ounce first since May 14

TASS · Aug 24, 2026 · 90 words

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What to know about Gold price surpasses $4,700 per troy ounce first since May 14

Gold futures contracts for October 2026 delivery on the Comex exchange have risen above $4,700 per troy ounce. Trading data shows the price increased to $4,713.8 per ounce as of 5:30 a.m. Moscow time.

Propaganda risk 0%

Claims checked 3

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center100%

Right0%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The price of gold futures contracts for October 2026 delivery on the Comex exchange (a division of the New York Mercantile Exchange) has risen above $4,700 per troy ounce for the first time since May 14, 2026, according to trading data.

Why it matters

GMT), the gold price was up by 0.55% at $4,706.4 per troy ounce.

Common ground

GMT), the price of gold had extended gains to 0.77% as it traded at $4,713.8 per ounce.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: Gold price surpasses $4,700 per troy ounce first since May 14?
What evidence would most clearly confirm or weaken the claim that By 5.30 a.m. Moscow time (2:30 a.m. GMT), the price of gold had extended gains to 0.77% as it traded at $4,713.8 per ounce?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://tass.com/economy/2176791

analyticsAnalysis

Propaganda Score

confidence: 100%

Low risk. This article shows minimal use of propaganda techniques.

fact_checkClaims Checked

eFinder analyzed this article and checked 3 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

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Claim 1: “By 5.30 a.m. Moscow time (2:30 a.m. GMT), the price of gold had extended gains to 0.77% as it traded at $4,713.8 per ounce.”

DISPUTED

The claim asserts a price of $4,713.8 per ounce. This is directly contradicted by multiple real-time sources (KITCO, Gold Prices Today) which place the gold price in the $4,340 - $4,354 range for September 2026.

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wikipedia NEUTRAL — Greenwich Mean Time (GMT) is the local mean time at the Royal Observatory in Greenwich, London, counted from midnight. At different times in the past, it has been calculated in different ways, includi…
https://en.wikipedia.org/wiki/Greenwich_Mean_Time

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wikipedia NEUTRAL — August is the eighth month of the year in the Julian and Gregorian calendars. Its length is 31 days. In the Southern Hemisphere, August is the seasonal equivalent of February in the Northern Hemispher…
https://en.wikipedia.org/wiki/August

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wikipedia NEUTRAL — GMT Games is a California-based wargaming publisher founded in 1990. The company has become well known for graphically attractive games that range from "monster games" of many maps and counters, to qu…
https://en.wikipedia.org/wiki/GMT_Games

+ 3 more evidence sources

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Claim 2: “The price of gold futures contracts for October 2026 delivery on the Comex exchange (a division of the New York Mercantile Exchange) has risen above $4,700 per troy ounce for the first time since May 14, 2026”

DISPUTED

The claim states gold futures rose above $4,700. However, evidence from GoldSilver (dated September 11, 2026) states gold trades near $4,328 an ounce, and other search results place the price around $4,340-$4,354 in September 2026. There is no evidence of the price reaching $4,700; rather, the provided data shows it significantly lower.

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wikipedia NEUTRAL — CME Group Inc. (formerly Chicago Mercantile Exchange Holdings Inc.), headquartered in Chicago, Illinois, operates exchanges and provides clearing services for trading in financial derivatives such as …
https://en.wikipedia.org/wiki/CME_Group

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wikipedia NEUTRAL — The Rolex Submariner is a line of sports watches designed for diving and manufactured by Rolex, resistant to water and corrosion. The first Submariner was introduced to the public in 1954 at the Basel…
https://en.wikipedia.org/wiki/Rolex_Submariner

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wikipedia NEUTRAL — Silver may be held as an investment through physical bullion, bullion coins, exchange-traded products, futures and other derivatives, storage accounts, and shares of silver-mining companies. Silver ha…
https://en.wikipedia.org/wiki/Silver_as_an_investment

+ 3 more evidence sources

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Claim 3: “As of 5.10 a.m. Moscow time (2:10 a.m. GMT), the gold price was up by 0.55% at $4,706.4 per troy ounce.”

DISPUTED

The claim asserts a price of $4,706.4 per troy ounce. Direct evidence from KITCO (September 22, 2026) and other live price trackers show the price is approximately $4,340.10, which directly contradicts the claim of $4,706.4.

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+ 3 more evidence sources

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.