# Perspective on Gold and Silver from Ashish Rajodiya, Head of Commodities, PL Capital

> Spot gold fell 2.4% to $3,890 an ounce and silver fell 2.8% to $50.19, with MCX December contracts also declining. The drop followed hotter US inflation, which left a December Fed hike almost fully priced, and initial jobless claims of 200,000 that were slightly above expectations.

- Date: 2026-11-14 · published 2026-11-14T15:13:02.675Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/99605-perspective-on-gold-and-silver-from-ashish-rajodiya-head-of-commodities-pl
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising yields and a firmer dollar are the main drivers of the precious metals slide, with no direct effect on feed commodity supply. The next US producer price release is a key test for the Fed outlook and the dollar.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-28 | [Hawkish Fed a headwind for commodity prices \| Capital Economics](https://feedsoft.ai/events/43044-hawkish-fed-a-headwind-for-commodity-prices-capital-economics.md) | -0.9% | -0.6% |
| DXY | 2018-07-18 | [GLOBAL MARKETS-Dollar's advance puts squeeze on gold, commodities By Reuters](https://feedsoft.ai/events/63943-global-markets-dollar-s-advance-puts-squeeze-on-gold-commodities-by-reuters.md) | +0.0% | +1.3% |
| DXY | 2025-05-08 | [How the Fed’s Hold on Rates Is Affecting Stock, Bond, and Commodity Markets \| Investing.com](https://feedsoft.ai/events/24579-how-the-fed-s-hold-on-rates-is-affecting-stock-bond-and-commodity-markets.md) | +0.5% | -0.9% |
| DXY | 2022-12-07 | [Half of Commodities in the Red for 2022 as King Dollar Rears Head Again \| Investing.com](https://feedsoft.ai/events/38163-half-of-commodities-in-the-red-for-2022-as-king-dollar-rears-head-again.md) | -1.0% | -0.7% |
| DXY | 2019-08-01 | [Commodities outlook: Fed triggers copper reaction](https://feedsoft.ai/events/57509-commodities-outlook-fed-triggers-copper-reaction.md) | +1.1% | +2.1% |

## Sources

- investmentguruindia.com: https://investmentguruindia.com/newsdetail/perspective-on-gold-and-silver-from-ashish-rajodiya-head-of-commodities-pl-capital119991

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