Gold futures also reached a record in trading Monday, hitting close to $3,157.40 an ounce. Why is the price of gold going up? A lot of it boils down to uncertainty.

That’s over $825 higher than gold’s spot price one year ago. Gold futures surpassed the $3,000 mark Thursday but, as of Friday afternoon, fell to just over $2,994.

What's the price of gold today? On Monday, the going price for New York spot gold hit a record $3,122.80 per troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams.

Gold rises to another record as anxiety grips markets. Here’s what you need to know FILE - Gold bars are shown stacked in a vault at the United States Mint on July 22, 2014 in West Point, N.Y. (AP ...

Here’s what to know. What’s the price of gold today? The going price for New York spot gold closed Thursday at record $2,988 per troy ounce — the standard for measuring precious metals, which is ...

What's the price of gold today? On Monday, the going price for New York spot gold hit a record $3,122.80 per troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams.