Gold fell to about $4,096 an ounce on 14 October and bitcoin to about $82,400 after a hotter-than-expected US inflation report, with gold still roughly 27% below the record it set in January.
Gold’s spot price was $4,095.81 an ounce at 9 am Eastern time on 14 October 2026, down from $4,179.27 at the same time on Tuesday, according to Fortune and CNBC Select price pages. The highest price gold has ever reached was $5,597.23 on 29 January 2026, the pages say. The price on 14 October is therefore about 27% below that peak, a figure that is Delima News’ own calculation from the two prices.
Bitcoin opened at $83,092.65 on 14 October, up 1.6% from Tuesday’s open, according to Fortune, and then fell. Yahoo Finance says it was at $82,418.56 at 9:15 am Eastern, down from $83,402.32 at 7:15 am, and its headline says that crypto prices slid after a higher-inflation report.
The report was the US consumer price index for September. Consumer prices rose 3.7% over the year compared with an expected 3.6%, and 0.6% over the month compared with an expected 0.5%, according to Yahoo Finance. Delima News has reported the inflation data and the fall in US shares that followed it in separate articles.
Gold fell by $83.46 from Tuesday’s reading, or about 2.0%, and bitcoin fell from $83,402.32 to $82,418.56 between 7:15 and 9:15 am, a drop of about 1.2%. Both percentages are Delima News’ calculations from the quoted prices.
Higher-than-expected inflation can hurt both assets by raising expectations that interest rates will stay high or rise, which makes assets that pay no interest less attractive. That is the standard explanation, and the sources reviewed attribute the day’s fall in bitcoin to the report, while for gold they only describe the price move without a stated cause.
A forecast from the broker Mitrade, as headlined, said that gold was eyeing a rebound towards $4,300 with US CPI in focus. It was written before the data came out, and it is an analyst’s forecast and not a result, so the price on 14 October is lower than the level it envisaged.
The record in January shows how far gold has come down. A fall from $5,597.23 to about $4,096 is a loss of about $1,500 an ounce. The sources reviewed do not explain what drove the January peak or the fall since, and Delima News does not speculate.
For bitcoin, the sources reviewed do not give its record high or its price on any other date, so the 14 October price cannot be put in context here. Crypto prices can move several percent in a day, and the figures quoted were taken at different times of the morning.
Other central banks may also affect both markets. The European Central Bank meets on 28 and 29 October and the Bank of England on 5 November, as Delima News reports separately.
Price pages are updated through the day, so the numbers quoted here are a snapshot of the morning of 14 October and will have changed.
Image: Gold bullion bars (file photo; a stand-in image). Photo: Stevebidmead / Wikimedia Commons (CC0)
