# Gold Price Forecast: Hot CPI and Waller Remarks Keep Pressure on XAUUSD

> October U.S. CPI rose 0.4% month over month and core CPI rose 0.3%, both above forecasts. Hawkish remarks from Fed Governor Christopher Waller and the inflation data raised expectations of a December rate increase, while Treasury yields climbed and gold fell.

- Date: 2026-11-10 · published 2026-11-11T00:20:37.516Z
- Category: macro · region United States · magnitude low
- Page: https://feedsoft.ai/events/92543-gold-price-forecast-hot-cpi-and-waller-remarks-keep-pressure-on-xauusd
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher rate expectations and yields support the dollar and increase the opportunity cost of holding commodities, creating broader headwinds for dollar-priced markets.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-01-19 | [Gold under pressure as Fed's Yellen backs gradual rate hikes \| Reuters](https://feedsoft.ai/events/72903-gold-under-pressure-as-fed-s-yellen-backs-gradual-rate-hikes-reuters.md) | -0.4% | -1.5% |
| DXY | 2024-10-23 | [Market braces for pressure on Brazilian real as Trump’s chances rise](https://feedsoft.ai/events/28085-market-braces-for-pressure-on-brazilian-real-as-trump-s-chances-rise.md) | +0.4% | +2.0% |
| DXY | 2022-04-25 | [Fed’s hawkish stance keeps commodity markets under pressure](https://feedsoft.ai/events/41759-fed-s-hawkish-stance-keeps-commodity-markets-under-pressure.md) | +1.2% | +1.1% |
| DXY | 2025-10-31 | [USD/JPY Price Forecast: Yen steadies as RSI signals consolidation risk](https://feedsoft.ai/events/22645-usd-jpy-price-forecast-yen-steadies-as-rsi-signals-consolidation-risk.md) | +0.3% | -0.2% |
| DXY | 2021-11-22 | [EUR/USD Forecasts Downgraded On Euro-Zone Covid Stresses: Goldman Sachs](https://feedsoft.ai/events/44250-eur-usd-forecasts-downgraded-on-euro-zone-covid-stresses-goldman-sachs.md) | +1.2% | +0.7% |

## Sources

- fxempire.com: https://www.fxempire.com/forecasts/article/gold-price-forecast-hot-cpi-and-waller-remarks-keep-pressure-on-xauusd-1643648

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