Significant Drop in Global Gold Prices Today, August 14, 2026
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Gold prices fell on Friday after hitting their highest level in over two months in the previous session, as investors moved to take profits, while US inflation data reinforced expectations that the Federal Reserve will keep interest rates unchanged next September.
Spot gold fell 0.5% to $4330.37 per ounce, while US gold futures for December delivery fell 0.8% to $4386.80.
Silver also fell 0.8% to $63.92 per ounce, platinum dropped 1% to $1700.60, and palladium declined 0.3% to $1303.25.
Source: Al-Mahriah Net + open sources
