# Gold faces weekly rout as high US yields fuel Fed rate hike bets

> 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%.

- Date: 2026-11-13 · published 2026-11-13T21:13:12.192Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/98494-gold-faces-weekly-rout-as-high-us-yields-fuel-fed-rate-hike-bets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-09-24 | [Japanese Yen struggles as Fed rate hike bets drive US yields higher](https://feedsoft.ai/events/17708-japanese-yen-struggles-as-fed-rate-hike-bets-drive-us-yields-higher.md) | +0.7% | +1.0% |
| DXY | 2023-04-21 | [Asian FX set for weekly losses as Fed rate hike bets weigh - Markets - Business Recorder](https://feedsoft.ai/events/36650-asian-fx-set-for-weekly-losses-as-fed-rate-hike-bets-weigh-markets-business.md) | +0.3% | +0.8% |
| 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 | 2026-06-30 | [US dollar holds near 13-month high as yen's slide, Fed rate hike bets boost the greenback](https://feedsoft.ai/events/19010-us-dollar-holds-near-13-month-high-as-yen-s-slide-fed-rate-hike-bets-boost-the.md) | -0.1% | -0.3% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/gold-faces-weekly-rout-as-high-us-yields-fuel-fed-rate-hike-bets-202611132023

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