Gold price today, Wednesday, October 14, 2026: Gold prices losing ground ahead of inflation data - Yahoo Finance

AI desk brief

Gold December futures opened at $4,184.20/oz, then slipped to $4,166.20 by 7:03 a.m. ET, leaving the metal at its lowest level this week ahead of the September CPI release. Economists expect CPI to rise 3.6% y/y; a hotter print, combined with Brent back above $106/bbl on Middle East escalation, could push October rate-hike expectations back onto the table and add pressure to gold.

The article also notes gold is down 4.4% over the past month and only 1.1% higher year on year, underscoring softer near-term momentum despite the broader 2026 rally context.