# Gold, silver extend losses as Fed hike bets lift dollar, Treasury yields

> Spot gold and silver fell sharply in early U.S. trading on Thursday as persistent inflation and expectations of further Federal Reserve tightening strengthened the dollar and lifted Treasury yields. Gold dropped to its lowest level in more than a week, with spot gold down 2.38% and spot silver down 2.80%. Jobless claims rose to 200,000 in the week ended Nov. 7, though layoffs remain limited.

- Date: 2026-11-12 · published 2026-11-12T15:13:03.973Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/95721-gold-silver-extend-losses-as-fed-hike-bets-lift-dollar-treasury-yields
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and higher real rates make dollar-priced commodities more expensive for foreign buyers, which tends to weigh on US feed-commodity export demand and prices. The move is a macro headwind for ag markets rather than a direct supply change.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| 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 | 2016-12-16 | [Dollar near 14-year peak as Fed targets more hikes, Treasury yields jump](https://feedsoft.ai/events/5967-dollar-near-14-year-peak-as-fed-targets-more-hikes-treasury-yields-jump.md) | +0.0% | -1.3% |
| 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

- kitco.com: https://www.kitco.com/news/article/2026-11-12/gold-silver-extend-losses-fed-hike-bets-lift-dollar-treasury-yields-kitco

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