Gold fell under $4,000 on Wednesday as hotter U.S. inflation and hawkish Federal Reserve comments lifted the dollar and kept bets on more tightening elevated. Analysts said the slide could extend toward $3,900.
NEW YORK, Nov. 10, 2026 (GoldSquawk) - Gold fell more than 2% on Tuesday, Nov. 10, 2026 after hotter U.S. inflation and hawkish Federal Reserve comments lifted the dollar and Treasury yields and boosted bets on a bigger December rate move.
NEW YORK, Nov. 10, 2026 (GoldSquawk) - Gold fell sharply on Tuesday, Nov. 10, 2026, after U.S. October inflation came in above expectations and hawkish Federal Reserve remarks lifted bets on a larger December rate increase. The move strengthened bullion’s policy test as traders eyed a hotter dollar, higher Treasury yields and the next inflation reading.
NEW YORK, Monday, Nov. 9, 2026 (GoldSquawk) - Gold rose as traders braced for Tuesday's U.S. consumer price index report, with the data seen as a test of whether a December Federal Reserve rate hike is already locked in. The move is important since a hotter inflation reading could firm the dollar and keep pressure on bullion.