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Gold Futures Fall 1.08% to $4,419.30 on August 13 as Traders Lock in Gains

2026-08-13 20:59:13

XAU0.19%

According to COMEX data, December gold futures fell 1.08% to $4,419.30 per troy ounce on August 13 afternoon (EST), declining $48.20 from the previous close of $4,467.50. The decline occurred despite a sharp drop in U.S. Treasury yields following softer-than-expected July producer price index (PPI) data. While gold typically benefits from falling Treasury yields, traders near the $4,500 resistance level appear to be taking profits after gold surged 7.5% since early August.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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