Global Gold Prices Fall Amid Middle East Tensions and Fed Rate Outlook
Thai PBS
Key summary
On October 14, 2026, global gold prices declined by $10.2 to close at $4,161 per ounce, pressured by ongoing uncertainty in the Middle East which also pushed Brent crude above $106 per barrel. The Federal Reserve's New York Branch suggested that while another rate hike is appropriate this year, future hikes might slow as inflation nears its 2% target. In Thailand, gold prices dropped by 300 baht, with spot gold trading at 4,166 dollars and local bar gold selling for 66,200 baht.
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Official source
Thai PBS
Read original ↗https://www.thaipbs.or.th/news/content/570971