Gold Holds Steady at $4,159/oz as Investors Await Key US CPI Data

10:31 - 14.10.2026


October 14, Fineko/abc.az. Gold traded flat on Wednesday as market participants braced for key US Consumer Price Index (CPI) data to gauge the Federal Reserve's monetary policy path. Spot gold held at $4,159.45 per ounce, while December gold futures edged up 0.1% to $4,182.60. Despite oil prices rising following Middle East tensions and strikes on Saudi Aramco infrastructure, bullion remained range-bound.

Among other precious metals, spot silver declined 0.6% to $59.11 per ounce, platinum remained flat at $1,664.19, and palladium rose 0.4% to $1,130.81. Money markets are currently pricing in an 88% probability of a Fed rate hike in December.