Gold Price Today, August 14: Check Latest Price In Your City

Amid rising expectations of a Fed rate cut and a weak dollar, gold prices have seen an increase. Find the updated 22-carat and 24-carat rates for your city, along with the latest silver prices.

August 14, 2025: The international gold market continued its upward momentum for a third consecutive session on Thursday, driven by growing investor confidence in a September interest rate cut by the U.S. Federal Reserve.

Price Of 22kt, 24kt Gold Prices In Your City

The rally was sparked by the release of tame U.S. consumer price data for July, which strengthened expectations for a more dovish stance from the central bank. Treasury Secretary Scott Bessent added to the sentiment, publicly stating there is a “good chance” the Fed will opt for a 50 basis-point reduction. According to data from LSEG, traders now see a September 17 rate cut as a near certainty, with some even placing around 6% odds on a larger half-point trim.

The news weighed on the U.S. dollar, which languished near multi-week lows against other major currencies. This made gold, which is priced in dollars, more attractive to international buyers. Spot gold saw a rise of 0.4%, hitting $3,367.53 per ounce, while U.S. gold futures for December delivery also climbed 0.3% to $3,416.70.

Non-yielding assets like gold typically thrive in a low-interest-rate environment, and with benchmark U.S. 10-year Treasury yields also holding near a one-week low, the conditions are set for the precious metal to extend its gains.