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Global gold prices rise on August 13
Gold prices rose today, Thursday, August 13, 2026, reaching their highest level in more than two months, due to decreased market expectations regarding the likelihood of an upcoming US interest rate hike. The spot price of an ounce increased by 0.6% to $4,433.62, while December futures contracts also rose by 0.6% to $4,493. Gold's precious metal counterparts also saw gains: Silver climbed by 1% to $65.91, platinum increased by 0.3% to $1,762.70, and palladium rose by 0.1% to $1,371.20, as markets await US Producer Price Index data that could influence the direction of US monetary policy.
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