
Gold fell for a third straight session to its lowest level in over a year as the dollar and US Treasury yields rose. Gold closed at 4,030.20 on November 10, down 2.05%, while silver lost 2.78%.
Rising real yields and a firmer dollar raise the cost of holding non-yielding assets, and oil-driven inflation fears push rate expectations higher, pressuring metals more broadly.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 102 past neutral macro events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.