Gold prices fall again on global market after US inflation data

World

International Desk

Published: Friday, 14 August 2026

After the release of US inflation data, gold prices on the global market had risen to their highest level in two months. However, on Thursday (August 13), gold prices fell by more than 1 percent again due to investors' profit-taking.

According to a Reuters report, spot gold fell 1.2% to $4,354.58 per ounce. Earlier, the price had climbed to $4,449.39, the highest since June 5. US futures also fell 1.1% to settle at $4,420.40.

Analysts said the $4,500 per ounce level is a major resistance. Bob Haberkorn of StoneX said gold prices have fallen twice after approaching this level, which is raising concerns among traders.

Meanwhile, the Bank of Korea has reportedly invested about $250 million in US gold ETFs. Prices of other precious metals also fell—silver dropped 1.2%, platinum 2.4%, and palladium 3.9%.

According to analysts, interest rates, inflation, and profit-taking trends will determine the future direction of gold prices.

World

Reporter: International Desk

World

Gold prices fall again on global market after US inflation data

International Desk

Published: Friday, 14 August 2026 1 min read

According to a Reuters report, spot gold fell 1.2% to $4,354.58 per ounce. Earlier, the price had climbed to $4,449.39, the highest since June 5. US futures also fell 1.1% to settle at $4,420.40.

Analysts said the $4,500 per ounce level is a major resistance. Bob Haberkorn of StoneX said gold prices have fallen twice after approaching this level, which is raising concerns among traders.

Meanwhile, the Bank of Korea has reportedly invested about $250 million in US gold ETFs. Prices of other precious metals also fell—silver dropped 1.2%, platinum 2.4%, and palladium 3.9%.