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World / Asia

Gold slips to $4,185.13 per ounce ahead of US inflation data

Published: 12 Oct 2026 - 02:16 pm | Last Updated: 12 Oct 2026 - 02:21 pm
File Photo

File Photo

QNA

Singapore: Gold prices fell on Monday after hitting ‌a one-week high earlier in the session, as investors braced for US inflation data that could reshape expectations for the Federal Reserve's rate path.

Spot gold ​slipped 0.2% to $4,185.13 per ounce, having hit its highest level ​since Oct. 2, earlier in the session.

US gold futures for ⁠December delivery dropped 0.2% to $4,209.70 per ounce.

Among other metals, spot silver rose 0.2% to $60.95 per ounce, platinum gained 0.8% to $1,701.18 per ounce and palladium ​edged up 0.1% at $1,159.62 per ounce.