# Gold, silver retreat as high core CPI lifts December Fed hike odds

> U.S. October CPI rose 0.4% month over month, above the 0.3% forecast, while core CPI rose 0.3%, above expectations of 0.2%. The hotter inflation readings lifted Treasury yields and December Fed rate-hike expectations as gold and silver fell.

- Date: 2026-11-10 · published 2026-11-10T15:16:35.950Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/91966-gold-silver-retreat-as-high-core-cpi-lifts-december-fed-hike-odds
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher expected U.S. interest rates can support the dollar and raise financing costs, weighing on dollar-priced commodities. The article reports no direct change to feed supply or demand.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-21 | [Gold retreats on Fed's higher-for-longer stance](https://feedsoft.ai/events/34007-gold-retreats-on-fed-s-higher-for-longer-stance.md) | +1.7% | +2.3% |
| DXY | 2026-06-17 | [Gold retreats as Fed signals rate hike ahead, dollar strengthens \| Kitco News](https://feedsoft.ai/events/18712-gold-retreats-as-fed-signals-rate-hike-ahead-dollar-strengthens-kitco-news.md) | +1.8% | +0.9% |
| DXY | 2021-11-30 | [Gold retreats as Fed's Powell strikes hawkish tone](https://feedsoft.ai/events/43957-gold-retreats-as-fed-s-powell-strikes-hawkish-tone.md) | -0.4% | -1.0% |
| DXY | 2022-12-15 | [Gold broods over Fed's higher-for-longer rate hike stance](https://feedsoft.ai/events/38157-gold-broods-over-fed-s-higher-for-longer-rate-hike-stance.md) | +0.4% | -2.2% |
| DXY | 2022-11-03 | [Gold dips as hawkish U.S. Fed lifts dollar, yields](https://feedsoft.ai/events/38593-gold-dips-as-hawkish-u-s-fed-lifts-dollar-yields.md) | -1.0% | -4.2% |

## Sources

- kitco.com: https://www.kitco.com/news/article/2026-11-10/gold-silver-retreat-high-core-cpi-lifts-december-fed-hike-odds-kitco-am

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