# Gold edges up as softer crude tempers inflation concerns

> Gold edged higher on Monday as softer crude prices eased inflation concerns, but strong U.S. payrolls data reinforced expectations of higher interest rates. Traders saw about a 79% chance of a Federal Reserve rate increase in December, and oil prices fell after President Donald Trump said further attacks on Iran were unlikely while talks continued.

- Date: 2026-11-09 · published 2026-11-09T03:15:23.794Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/88638-gold-edges-up-as-softer-crude-tempers-inflation-concerns
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Softer crude can ease inflation pressure, while stronger rate expectations can support the dollar and weigh on dollar-priced commodities. The article does not describe a direct feed-commodity supply or demand change.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-12-12 | [U.S. crude oil falls more than 3% on inflation worries](https://feedsoft.ai/events/32888-u-s-crude-oil-falls-more-than-3-on-inflation-worries.md) | +1.7% | +0.6% |
| WTI | 2017-05-06 | [Crude prices fall amid high inventories and concerns over China \| The National](https://feedsoft.ai/events/11195-crude-prices-fall-amid-high-inventories-and-concerns-over-china-the-national.md) | +3.5% | +2.5% |
| WTI | 2023-12-12 | [Oil falls more than 3% on softening demand, oversupply concerns \| Reuters](https://feedsoft.ai/events/32904-oil-falls-more-than-3-on-softening-demand-oversupply-concerns-reuters.md) | +1.7% | +0.6% |
| WTI | 2024-10-15 | [Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens](https://feedsoft.ai/events/28029-oil-plunges-4-as-iran-supply-disruption-concerns-ease-demand-outlook-weakens.md) | -5.8% | -7.4% |
| WTI | 2024-05-30 | [Crude Prices Weighed Down by Energy Demand Concerns](https://feedsoft.ai/events/30418-crude-prices-weighed-down-by-energy-demand-concerns.md) | -6.5% | +3.4% |
| DXY | 2026-03-18 | [Gold Tumbles as Powell’s Inflation Concerns Dash Easing Bets](https://feedsoft.ai/events/20074-gold-tumbles-as-powell-s-inflation-concerns-dash-easing-bets.md) | +0.2% | -1.2% |
| DXY | 2021-06-15 | [FOREX-Dollar edges up after U.S. inflation data as traders await Fed outcome](https://feedsoft.ai/events/12552-forex-dollar-edges-up-after-u-s-inflation-data-as-traders-await-fed-outcome.md) | +1.7% | +1.8% |
| DXY | 2026-05-19 | [Treasury yields, dollar weigh on gold amid inflation concerns](https://feedsoft.ai/events/19168-treasury-yields-dollar-weigh-on-gold-amid-inflation-concerns.md) | +0.1% | +0.2% |

## Sources

- m.economictimes.com: https://m.economictimes.com/markets/commodities/news/gold-edges-up-as-softer-crude-tempers-inflation-concerns/amp_articleshow/135667365.cms

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