Gold trades at 4499.50 dollars amid downward market breakout
Gold dropped to 4499.50 at 16:15 UTC on 2026-08-28, breaking below the trailing 24-hour range.
Last updated · market open (London session) · Spot source: gold-api.com · Spot is the wholesale mid-market — dealers add premium over it; use the calculators for real-world figures · See the full methodology.
Gold trades at 4499.50 at 16:15 UTC, recording a downward breakout from the trailing 24-hour range. The price cleared the lower boundary of the session's recorded extremes as market activity unfolded on 2026-08-28. This movement establishes a new directional reading for the session.
The session began with the day open at 4595.90 before moving toward the day's extremes of 4696.40 and 4511.50. The current level represents a 2.1 percent decrease compared to the day open. Measured against the reference metrics, the price shifted by -0.27 percent.
Following this update, per-gram and per-karat prices across five currencies recompute from this reading of 4499.50. Interactive charts and analytical statistics update live on the platform to reflect the latest market data. Users can access the recalculated pricing matrices immediately.
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Set a price alertThe recorded figures behind this article
| Fact | Recorded value |
|---|---|
| Article type | Market move |
| Archive day | 2026-08-28 |
Generated with gemini-assisted writing over GramRate's recorded data on 2026-08-28 16:15 UTC. Indicative market data — not investment advice.
About this article
What was the gold price on 28 August 2026?
Gold closed at $4,500 per troy ounce on 28 August 2026.
How does this compare to recent gold prices?
See the comparison tables and 30-day average position above for full context.
How was this article produced?
It was generated automatically from GramRate's own recorded market data (minute-by-minute readings archived since day one), with the narrative drafted by gemini-assisted writing and every figure taken directly from the recorded statistics. The chart above is rendered from the same archive. No external wire copy is used, and the underlying figures are listed below for verification.