On August 13, global bullion markets were largely unchanged as investors waited for fresh economic data. The international spot price of gold slipped 0.02 percent, settling at $4,466.40 per ounce, while silver fell 0.34 percent to $65.47 per ounce.
In India, the domestic spot gold price ended the previous trading day, August 12, at Rs 1,52,939 for a 10‑gram piece. Silver finished the session at Rs 2,38,008 per kilogram.
The main focus for this week is the upcoming U.S. Consumer Price Index (CPI) report. The CPI reading will help shape expectations for the Federal Reserve’s future interest‑rate policy and the strength of the U.S. dollar.
If inflation comes in softer than expected, it could support gold prices as investors look for safe‑haven assets. Conversely, a higher‑than‑expected CPI could strengthen the dollar and push up yields, leading some traders to book profits on gold.
Gold prices also differ across Indian cities. The cost of a 10‑gram 24‑karat, 22‑karat, and 18‑karat gold piece showed only marginal changes today, reflecting the overall market steadiness.
Traders will watch the U.S. CPI release closely, as it is likely to be the key catalyst that could move gold, silver, and the broader financial markets in the coming days.