# Gold slumps after firm U.S. inflation data, hawkish comments from Fed’s Waller

> Spot gold slipped as markets weighed U.S. inflation concerns and the prospect of another Federal Reserve rate increase. The article also reports that Brent crude had fallen amid greater optimism about U.S.-Iran peace negotiations, easing some inflation pressure on gold.

- Date: 2026-11-10 · published 2026-11-11T03:14:09.316Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/92842-gold-slumps-after-firm-u-s-inflation-data-hawkish-comments-from-fed-s-waller
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower crude prices can reduce energy-cost pressure for feed production and transport, while expectations of higher U.S. rates support the dollar and can raise import costs for buyers using other currencies. The crude-price move points to softer Brent, while the firmer dollar is supportive of DXY.

## Read by commodity

- DXY: bullish ▲
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-06-29 | [The Commodities Feed: Hawkish Fed comments weigh on the complex \| articles \| ING THINK](https://feedsoft.ai/events/35414-the-commodities-feed-hawkish-fed-comments-weigh-on-the-complex-articles-ing.md) | +3.9% | +12.3% |
| BRENT | 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) | -1.5% | +2.7% |
| BRENT | 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) | +2.8% | +6.8% |
| BRENT | 2023-02-02 | [Oil slumps on economic data, stronger U.S. dollar](https://feedsoft.ai/events/37234-oil-slumps-on-economic-data-stronger-u-s-dollar.md) | +2.9% | +2.2% |
| BRENT | 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) | +3.3% | +2.3% |
| DXY | 2024-06-25 | [US dollar advances after hawkish Fed comment, economic data \| Reuters](https://feedsoft.ai/events/29634-us-dollar-advances-after-hawkish-fed-comment-economic-data-reuters.md) | +0.6% | -0.3% |
| DXY | 2024-08-30 | [Gold drops as dollar, yields firm after US inflation report](https://feedsoft.ai/events/28689-gold-drops-as-dollar-yields-firm-after-us-inflation-report.md) | +0.2% | -0.9% |
| DXY | 2026-05-20 | [Euro hits fresh six-week lows after Eurozone's final inflation data](https://feedsoft.ai/events/19474-euro-hits-fresh-six-week-lows-after-eurozone-s-final-inflation-data.md) | -0.2% | -0.1% |

## Sources

- za.investing.com: https://za.investing.com/news/commodities-news/gold-holds-near-4130-as-oil-retreat-eases-inflation-concerns-4563631

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