Commodities Gold price at record high. Should you invest? Updated : July 19, 2019 12:57 PM IST Spot gold hit $1,452.60 an ounce in early trade, its highest since May 10, 2013, before easing 0.2 percent to $1,442.56. The biggest negative to holding gold is that it doesn’t produce any income, interest or dividends. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.