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BANGLA EPAPER 📍 Dhaka 📅 Wednesday | 15 July 2026, 31 Ashaar 1433

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Gold prices fall in global markets

Published : Wednesday, 15 July, 2026 at 3:04 PM

Observer Online Report

Gold prices fell on Wednesday as rising oil prices and renewed concerns over US inflation and interest rates reduced investor demand for the precious metal.

Spot gold slipped 0.7% to $4,025.12 an ounce by 2:05 pm Bangladesh time, while US gold futures for August delivery fell 1% to $4,030.40.

The decline came after gold rebounded on Tuesday following softer-than-expected US inflation data. However, escalating Middle East tensions pushed oil prices higher, shifting investor focus away from gold.

"Investors are now paying more attention to geopolitical developments in the Middle East than inflation data," said Kelvin Wong, senior market analyst at OANDA.

Markets are now awaiting US Producer Price Index (PPI) data for further clues on inflation and the Federal Reserve's interest rate outlook.

Among other precious metals, silver fell 0.8%, platinum slipped 0.2%, while palladium rose 0.5%.

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Editor : Iqbal Sobhan Chowdhury

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