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The price for a troy ounce of gold shot above $5,400 overnight before settling back in the $5,300 range by Monday afternoon.—Sarah Agostino, CNBC, 2 Mar. 2026 Gold briefly reclaimed $5,400 a troy ounce before paring gains Monday morning.—John Towfighi, CNN Money, 2 Mar. 2026 Pinkjojo/Getty Images Gold's recent record-breaking price rally, fueled by central bank accumulation, dollar uncertainty and stubborn inflation, has made a full troy ounce of gold a serious financial commitment for most people.—Matt Richardson, CBS News, 27 Feb. 2026 Since the initial rate hike in 2022, the price of gold has skyrocketed, increasing by more than 150% to hit a record-breaking $5,000 per troy ounce last month.—Sasha Rogelberg, Fortune, 11 Feb. 2026 Gold reached a record $5,500 per troy ounce on Thursday, nearly double its $2,800 value from a year ago, according to spot price data from Kitco.—Maliya Ellis, Houston Chronicle, 1 Feb. 2026 About 95 million troy ounces of gold are mined annually, adding to supply.—Terry Savage, Chicago Tribune, 28 Jan. 2026 Over time, fiscal policies have created a sharp divergence in total purchasing power between $1 and a troy ounce of gold.—Marc Guberti, Sacramento Bee, 26 Feb. 2025 Most actively traded gold futures for December delivery slid 1.7% to $1,944.70 a troy ounce on the Comex division of the New York Mercantile Exchange.—Amrith Ramkumar, WSJ, 2 Sep. 2020
Word History
Etymology
Middle English troye, probably from Troyes, France