# Gold sinks to 5-month low on commodity selloff, surging yields

> Gold fell about 3 percent to a five-month low on November 11 amid a broad commodity selloff and surging bond yields. Spot silver and platinum also dropped sharply as traders priced in possible U.S. infrastructure-driven inflation.

- Date: 2016-11-11 · published 2016-11-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73750-gold-sinks-to-5-month-low-on-commodity-selloff-surging-yields
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A strong dollar and rising yields are weighing on commodities broadly, which can pressure feed grain and oilseed prices along with metals.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/global-precious-idUSL4N1DC3HI/?feedName=usDollarRpt&feedType=RSS

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.