Business
Gold slips, dollar dips as markets await US inflation data
October 14, 2026 at 09:33 AM
Gold prices fell and the dollar slipped on Wednesday as traders awaited US consumer-price data that could shape Federal Reserve rate decisions.
- Gold spot fell 0.34% to $4,147.4 an ounce, while silver, platinum and palladium also declined.
- The dollar index slipped 0.09% to 102.09, with the euro rising to $1.1208 and the yen to 158.19 per dollar.
- CME FedWatch data showed markets assign a 77% probability the Fed keeps rates unchanged at its October 27–28 meeting.
- New York Fed President John Williams said the central bank may need to raise rates again this year to curb inflation.