Gold drops despite war — trading at around $4,020 per ounce on July 14

On July 14, 2026, gold was trading at around $4,020 per ounce after falling nearly 3% the previous day and briefly dropping below $4,000. Rising bond yields are pressuring precious metals, offsetting geopolitical safe-haven demand. Silver stood at about $58, platinum at $1,602, and palladium at $1,266 per ounce.