Gold prices are falling as investors move to take profits.
Gold prices are falling as investors move to take profits.
8-14-2026
Information/Follow-up…
Gold prices fell on Friday as investors took profits after the precious metal hit its highest level in more than two months in the previous session.
The decline came after recent inflation data supported market expectations that the US Federal Reserve might not raise interest rates in September, which helped push gold to higher levels during the previous session.
Spot gold fell 0.5 percent to $4,330.37 an ounce by 01:03 GMT, while U.S. gold futures for December delivery dropped 0.8 percent to $4,386.80 an ounce.
Other precious metals also declined, with silver falling 0.8 percent in spot trading to $63.92 an ounce.
Platinum also fell by 1 percent to $1,700.60, while palladium dropped by 0.3 percent to $1,303.25.
Platinum and palladium reached their lowest levels since August 4th as investors took profits after the precious metals’ recent gains.
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