News · cnbc.com

The Price of Gold Today , Oct . 20 , 2026 and the Best Places to Buy

Spot gold was $4,118.10 per ounce at 9:00 a.m. ET, slightly below the $4,164.67 seen at the same time Monday. The article describes gold as a safe-haven asset and store of value that can hedge inflation and perform well in market downturns, though it pays no dividends. Investors can buy bullion or coins from dealers such as APMEX and JM Bullion, or open a gold IRA, which typically carries setup, storage and management fees and minimum initial purchases such as $10,000. The piece also notes that physical gold must be stored by the buyer and is not immediately convertible into cash.

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