Gold steadies as markets digest September CPI — October 14, 2026

Gold held steady on Wednesday after the September US CPI report, released at 8:30 AM ET, as investors parsed the inflation data for clues on the Federal Reserve's next move. Gold held around US$4,140 / C$5,854.52 per ounce, Silver around US$57.20 / C$80.90 per ounce, and Platinum around US$1,648 / C$2,331.22 per ounce. Treasury yields and the US dollar were little changed after the release, leaving metals in a holding pattern through the afternoon session. With the September CPI now in the rearview mirror, traders are looking to Thursday's data for confirmation of the disinflation trend. Investor take For gold investors, a CPI reading in line with expectations keeps the door open for further Fed easing, which is typically supportive for bullion. A hotter print, however, could delay rate cuts and put pressure on prices. With real yields still the key driver, investors may want to stay diversified and watch Thursday's PPI and retail sales for direction. Jeweler take For jewelers, steady prices bring welcome relief for margins after recent volatility. It is a good window to top up inventory of gold and silver findings ahead of the holiday season. Watch the USD/CAD rate closely, since currency moves can shift your landed costs even when USD spot prices are flat. Coming up — events that will move metals this week: Thursday Oct 15: US PPI, Retail Sales, Jobless Claims (8:30 AM ET) — A producer-price read and consumer-spending data that will sharpen the inflation picture and rate-cut bets. Thursday Oct 15: Fed Chair Warsh speaks (4:30 PM ET) — Markets will hang on every word about the timing of the next rate cut. Friday Oct 16: Industrial Production, Michigan Consumer Sentiment — A read on factory output and consumer confidence that can move silver and platinum via growth expectations. Live prices: https://www.goldstocklive.com