Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 9:12 am ET, was $2,813.31 per ounce. That’s up 0.53% from yesterday’s gold price of $2,798.52.

The main question for the gold market now is the pace at which the Federal Reserve will ease its policy. Lower borrowing costs are positive for gold as the metal doesn’t pay interest.