World Gold Slips 0.5 Percent, Heading for a Weekly Decline

Gold fell 0.5 percent to 4,326.75 dollars an ounce in Friday, August 14, 2026 (23 Mordad 1405) trading in global markets, retreating from its highest level in more than two months. According to Bourse News, US gold futures for December delivery also fell about 1 percent to 4,382.50 dollars. The metal had touched its highest level since June 5 on Thursday before slipping 1.3 percent ahead of the close, putting it on track for a weekly decline.

Citing Reuters, the report said traders, based on the CME FedWatch tool, lowered the probability they assign to a US interest rate increase in September to about 35 percent from roughly 55 percent a week earlier. Among other precious metals, silver fell 0.4 percent to 64.17 dollars an ounce and platinum slipped 0.3 percent to 1,711.84 dollars.