| Metric | Value |
|---|---|
| Price | $4,376.46 / oz |
| Daily change | +0.58% |
| Date | Friday, August 14, 2026 |
| Main driver | Weaker U.S. dollar; rising odds the Fed holds rates steady in September |
Gold Price Today: What Happened
Gold rose 0.58% to $4,376.46 per ounce on Friday, recovering part of Thursday’s pullback from a two-month high. The metal is still up more than 10% over the past month, one of its strongest monthly runs of the year. You can follow the full run of daily moves in our Gold Price Analysis archive.
Why Gold Rose Today
Two forces are supporting gold today. First, the U.S. dollar weakened, which makes gold cheaper for buyers holding other currencies and typically lifts demand. Second, traders are growing more confident the Federal Reserve will leave interest rates unchanged at its September meeting — the CME FedWatch tool now puts the odds of a rate hold near 70%, up sharply from about a month ago. Since gold pays no interest, lower odds of a rate hike make it more attractive relative to bonds.
Today’s bounce also follows a bout of profit-taking on Thursday, when gold slipped after touching its highest level since early June. That kind of pullback-then-recovery pattern is common after a sharp rally, as some investors lock in gains before others step back in.
For a plain-language breakdown of how the dollar and Fed policy shape gold prices, our Gold Essentials library covers the fundamentals without the jargon.
What to Watch Next
With no trading over the weekend, the next signals for gold arrive early next week: minutes from the Fed’s latest policy meeting, along with fresh U.S. manufacturing and industrial production data. Ongoing U.S.–Iran negotiations over the Strait of Hormuz remain a factor to watch too, given their effect on energy prices and safe-haven demand.
FAQ
Why did gold price rise on August 14, 2026?
Gold rose 0.58% to $4,376.46 per ounce as a weaker U.S. dollar and rising confidence that the Federal Reserve will hold interest rates steady in September gave the metal fresh support.
What is the gold price on August 14, 2026?
Spot gold traded at $4,376.46 per ounce on Friday, August 14, 2026, up 0.58% on the day and more than 10% over the past month.
What could move gold prices next week?
Minutes from the Federal Reserve’s latest meeting, along with new U.S. manufacturing and industrial production data, are the key releases to watch. Developments in U.S.–Iran talks could also influence prices through their effect on energy costs and safe-haven demand.
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Disclaimer
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