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Gold is set for a weekly loss of about 4.5% despite a small Friday gain, trading near $3,879 close to 13-month lows. US 10-year Treasury yields reached 5.15% and the dollar hit 19-month highs after a hot producer price report.
Fed December rate hike odds approached 90%.
Higher US rates and a stronger dollar pressure dollar-denominated commodity prices and raise the cost of holding inventories, which can weigh on grain and oilseed values and feed-ingredient import costs for buyers in local currencies.
fxstreet.comChristian Borjon ValenciaNov 13, 2026After 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.
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.
