Gold prices fell on May 12, 2026.
The U.S. Consumer Price Index (CPI) for April rose 3.8% annually.
Gold traded near $4,708 following the higher-than-expected inflation data.
The SPDR Gold Shares (GLD) ETF recorded $207.67 million in weekly capital outflows.
These outflows occurred during the week ending May 8.
The ETF price increased 4.60% during that same period.
Investors are now monitoring the Federal Reserve's response to the latest inflation figures.