# Gold price falls nearly 3% as CPI tops forecasts, lifting dollar and yields

> U.S. consumer prices rose 0.4% in October, above the 0.3% forecast, and the hotter reading lifted Treasury yields and the dollar. Markets increased the probability of a 50-basis-point Federal Reserve rate hike in December, while spot gold fell nearly 3%.

- Date: 2026-11-10 · published 2026-11-11T03:14:09.059Z
- Category: macro · region United States · magnitude medium
- Page: https://feedsoft.ai/events/92840-gold-price-falls-nearly-3-as-cpi-tops-forecasts-lifting-dollar-and-yields
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar can raise the cost of dollar-priced imports for buyers using other currencies, while higher rates may weigh on demand and commodity prices. The dollar strengthened following the data.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| DXY | 2024-11-13 | [Gold extends fall as dollar, Treasury yields rise](https://feedsoft.ai/events/27333-gold-extends-fall-as-dollar-treasury-yields-rise.md) | -0.3% | +0.1% |
| DXY | 2024-06-26 | [Gold falls to two-week low as higher dollar, yields dent appeal \| Reuters](https://feedsoft.ai/events/29635-gold-falls-to-two-week-low-as-higher-dollar-yields-dent-appeal-reuters.md) | +0.3% | -0.3% |
| DXY | 2020-05-11 | [Sterling dips as rising US yields lift dollar](https://feedsoft.ai/events/53388-sterling-dips-as-rising-us-yields-lift-dollar.md) | +0.9% | -3.2% |
| DXY | 2020-08-27 | [Gold dives 2% as dollar, yields gain after Fed comments](https://feedsoft.ai/events/51525-gold-dives-2-as-dollar-yields-gain-after-fed-comments.md) | -0.5% | +0.8% |

## Sources

- mining.com: https://www.mining.com/web/gold-price-falls-nearly-3-as-cpi-tops-forecasts-lifting-dollar-and-yields/

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