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Morning edition

Gold edges up as ETF and inflation headlines set tone

XAUTicker’s delayed feed showed spot gold up 0.01% at $4,376.18, with silver at $64.69 and ETF headlines in focus.

Per gram$140.70
Per kilo$140,698
Per ounce (EUR)€3,783.34
Gold / silver67.6

XAUTicker’s delayed feed showed spot gold at $4,376.18 per troy ounce for the 2026-08-14 session, up $0.58, or 0.01%, with the previous close listed at $4,375.61. Spot silver was $64.69, up 0.13%, and the gold/silver ratio was 67.6. The headlines around the market were more active than the price move: Mining.com and USAGOLD tied recent gold and silver strength to cooler inflation and Fed rate-hike concerns, while ETF headlines focused on Bank of Korea buying and outflows elsewhere.

Price and macro tone

XAUTicker’s delayed feed showed little net movement in spot gold, while recent publisher headlines described a more volatile backdrop. Mining.com reported that the gold price topped $4,500 in New York as tame US inflation cooled Fed rate-hike bets. USAGOLD reported that cooler CPI lifted physical gold toward $4,424 as silver surged past $67. CryptoRank said Dow Jones futures rose as cooling inflation eased Fed rate-hike concerns, while its separate crypto headline said Bitcoin slipped toward $62,800 after a post-CPI rally failed to materialize. Those headlines kept inflation and rate expectations at the centre of the gold discussion.

ETF flows and central-bank buying

The ETF tape was mixed. The Standard (HK) and marketscreener.com reported that the Bank of Korea held a $250 million stake in a US-listed gold ETF as of end-June, with both headlines citing an SEC filing. Traders Union and The Korea Herald framed the move as the South Korean central bank’s first gold investment in 13 years. Against that, Goodreturns reported that gold ETFs recorded their first outflow in 13 months in AMFI data, and newskarnataka.com said gold ETF inflows fell 55% to Rs 1,559 crore in July. CoinMarketCap reported JPMorgan’s view that Bitcoin and gold ETF outflows point to a cooling debasement trade.

Reserves and geopolitical risk

Gold-reserve headlines added a sovereign-risk angle. Reuters reported that Venezuela is looking to UK-held gold reserves for reconstruction as inflation surges. Moneycontrol.com described Venezuela as eyeing $4 billion in gold reserves held at the Bank of England, also in the context of surging inflation. Earlier geopolitical headlines remained part of the background: Mining.com reported that gold hit a two-month high and then retreated after Hormuz escalation spiked the oil price, while USAGOLD said physical gold climbed to a seven-week high at $4,286 as Hormuz deal hopes trimmed Fed rate-hike bets.

What to watch

  • Updates to the delayed XAUTicker feed after the 2026-08-14 session.
  • More publisher headlines on CPI, inflation and Fed rate-hike concerns.
  • Whether gold ETF outflow headlines broaden beyond the AMFI and JPMorgan references.
  • Further reports on Venezuela’s UK-held gold-reserve effort.

Every headline in this edition 40