# US PPI Hits 6.5%: Gold, Dollar and Fed Hike Odds

> 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.

- Date: 2026-11-13 · published 2026-11-13T21:13:12.328Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/98496-us-ppi-hits-6-5-gold-dollar-and-fed-hike-odds
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## 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 | 2026-09-29 | [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 | 2022-11-03 | [Gold dips as hawkish U.S. Fed lifts dollar, yields](https://feedsoft.ai/events/38593-gold-dips-as-hawkish-u-s-fed-lifts-dollar-yields.md) | -1.0% | -4.2% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2024-03-19 | [Gold loses footing as US dollar rises; Fed in focus](https://feedsoft.ai/events/31101-gold-loses-footing-as-us-dollar-rises-fed-in-focus.md) | +0.4% | +1.5% |

## Sources

- learn2.trade: https://learn2.trade/us-ppi-6-5-gold-fed-hike

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