# US inflation hits markets and gold

> U.S. headline CPI rose 0.4% in October, above the 0.3% forecast, while core CPI increased 0.3%, also exceeding expectations. The data lifted expectations of a December Fed rate hike and strengthened the U.S. dollar; gold and major U.S. equity indexes fell.

- Date: 2026-11-10 · published 2026-11-11T00:20:37.420Z
- Category: macro · region United States · magnitude low
- Page: https://feedsoft.ai/events/92542-us-inflation-hits-markets-and-gold
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher expected U.S. interest rates and a stronger dollar can weigh on dollar-priced commodities by raising financing costs and making them more expensive to non-U.S. buyers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-07-10 | [Chinese yuan hits eight-month low with missed inflation data and US dollar rebound - VT Markets](https://feedsoft.ai/events/12298-chinese-yuan-hits-eight-month-low-with-missed-inflation-data-and-us-dollar.md) | -0.6% | +0.2% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2021-10-29 | [Gold hits over one-week low as dollar rallies on inflation data](https://feedsoft.ai/events/44435-gold-hits-over-one-week-low-as-dollar-rallies-on-inflation-data.md) | +0.8% | +2.8% |
| DXY | 2020-09-23 | [Gold and Silver Hit by Hawkish Fed Boost to Dollar - Markets Insider](https://feedsoft.ai/events/51033-gold-and-silver-hit-by-hawkish-fed-boost-to-dollar-markets-insider.md) | +0.8% | -1.4% |
| DXY | 2023-12-20 | [Dollar higher as big UK inflation drop hits pound](https://feedsoft.ai/events/32948-dollar-higher-as-big-uk-inflation-drop-hits-pound.md) | -0.8% | +1.0% |

## Sources

- mining.com.au: https://mining.com.au/us-inflation-hits-markets-and-gold/

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