# Silver tumbles over 3% as hot US inflation boosts Fed hike bets

> Silver fell more than 3% to around $50.15 on Thursday as the US Dollar Index hit its highest level since April 2025. Hotter-than-expected October CPI data raised expectations of further Federal Reserve rate hikes, with a December hike now fully priced.

- Date: 2026-11-12 · published 2026-11-12T18:13:12.139Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/95895-silver-tumbles-over-3-as-hot-us-inflation-boosts-fed-hike-bets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher rates and a stronger dollar reduce the appeal of non-yielding assets and raise the cost of dollar-priced commodities for foreign buyers, which is a bearish macro backdrop for feed commodities priced in USD.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-14 | [Dollar hits fresh 18-month high as hot inflation boosts Fed hike expectation](https://feedsoft.ai/events/649-dollar-hits-fresh-18-month-high-as-hot-inflation-boosts-fed-hike-expectation.md) | -0.3% | — |
| DXY | 2022-06-10 | [Rand slumps almost 3% as hot US inflation data backs case for Fed rate hikes \| News24](https://feedsoft.ai/events/41269-rand-slumps-almost-3-as-hot-us-inflation-data-backs-case-for-fed-rate-hikes.md) | +1.5% | +3.7% |
| DXY | 2025-02-12 | [Stocks tumble, dollar rallies as US inflation heats up](https://feedsoft.ai/events/26226-stocks-tumble-dollar-rallies-as-us-inflation-heats-up.md) | -0.5% | -2.0% |
| DXY | 2023-04-28 | [US dollar firms as inflation data backs Fed hike; yen plunges](https://feedsoft.ai/events/36576-us-dollar-firms-as-inflation-data-backs-fed-hike-yen-plunges.md) | -0.3% | +1.2% |
| DXY | 2026-09-14 | [Copper Slips as Inflation Data Raises Bets on Fed Hiking Rates - Bloomberg](https://feedsoft.ai/events/17392-copper-slips-as-inflation-data-raises-bets-on-fed-hiking-rates-bloomberg.md) | +1.1% | +2.9% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/silver-tumbles-over-3-as-fed-rate-hike-bets-fuel-us-dollar-rally-202611121711

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