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US producer prices rose 0.3% in October, slightly below forecasts, but the annual rate climbed to 6.5%, the highest since November 2022. Gold bounced from a 13-month low toward $3,900 while bets on a December Fed hike held near 90%.
The dollar and Treasury yields stayed firm.
Elevated US producer inflation keeps Fed tightening expectations high, supporting the dollar and raising financing costs along the feed supply chain, which can weigh on commodity prices and affect buyers' import costs.
learn2.tradeAzeez MustaphaNov 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.
