# Gold dips after Fed's Waller drops the 50 bps hike bomb and US CPI comes above expectations

> Fed Governor Christopher Waller said he would support a December rate hike and could favor a 50-basis-point increase if core CPI reached 0.3% or higher. Core CPI came in at 0.3%, prompting a hawkish repricing that lifted Treasury yields and the US dollar and pressured gold; the article also says stalled US-Iran talks could support oil prices.

- Date: 2026-11-11 · published 2026-11-11T09:16:50.145Z
- Category: macro · region United States · magnitude low
- Page: https://feedsoft.ai/events/93325-gold-dips-after-fed-s-waller-drops-the-50-bps-hike-bomb-and-us-cpi-comes-above
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher expected US rates and a stronger dollar can weigh on dollar-priced commodities, while stalled diplomacy could keep an additional risk premium in oil. The article does not identify a direct feed-commodity supply or demand change.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-29 | [Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold \| Investing.com](https://feedsoft.ai/events/17391-fed-rate-hike-bets-and-us-bond-rout-bolster-the-dollar-hurt-equities-and-gold.md) | +0.5% | +0.8% |
| DXY | 2026-08-26 | [U.S. data buoys dollar as Fed hike expectations nudged higher](https://feedsoft.ai/events/18082-u-s-data-buoys-dollar-as-fed-hike-expectations-nudged-higher.md) | +0.4% | +1.6% |
| DXY | 2017-04-28 | [Fed's Third Hike and Gold \| SafeHaven.com](https://feedsoft.ai/events/71415-fed-s-third-hike-and-gold-safehaven-com.md) | -0.1% | -1.4% |
| DXY | 2025-05-07 | [Gold price drops over 2% after Fed hold, US-China tariff talks boost US Dollar](https://feedsoft.ai/events/24581-gold-price-drops-over-2-after-fed-hold-us-china-tariff-talks-boost-us-dollar.md) | +0.8% | -0.8% |
| DXY | 2026-06-29 | [Fed Expectations Drive Price Action in Gold - ADM Investor Services](https://feedsoft.ai/events/18713-fed-expectations-drive-price-action-in-gold-adm-investor-services.md) | -0.0% | -0.1% |
| WTI | 2026-10-29 | [December Rate Hike Expectations and Expensive Oil: The Dollar Is Back on Top \| Investing.com](https://feedsoft.ai/events/17043-december-rate-hike-expectations-and-expensive-oil-the-dollar-is-back-on-top.md) | -2.3% | — |
| WTI | 2023-10-25 | [Australia Q3 CPI inflation beats expectations, RBA hike in focus](https://feedsoft.ai/events/33881-australia-q3-cpi-inflation-beats-expectations-rba-hike-in-focus.md) | -3.4% | -7.3% |
| WTI | 2023-12-13 | [Gold climbs over 1% after Fed signals end of rate hikes \| Reuters](https://feedsoft.ai/events/32470-gold-climbs-over-1-after-fed-signals-end-of-rate-hikes-reuters.md) | +7.2% | +5.4% |

## Sources

- investinglive.com: https://investinglive.com/commodities/gold-dips-after-fed-s-waller-drops-the-50-bps-hike-bomb-and-us-cpi-comes-above-expectations/

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