NewsSignalsAI analysis·Reuters·Nov 13, 2026

Rate hike bets keep gold on track for its worst week in four months

Grade Abearish AI signal$XAU$XAG$XPT$XPD

Gold is heading for its worst weekly decline in four months as expectations of further Federal Reserve rate hikes weigh on bullion despite a modest Friday recovery. Spot gold has fallen more than 4% this week after Thursday's 3% plunge to a more-than-one-year low, while markets still price an 89.4% probability of a 25-basis-point December rate hike. Persistent inflation and Fed hawkishness could continue pressuring gold and limit its recovery toward the $4,000 level.

Bullish strength: 20/100

Gold recovered 0.6% on Friday following largely in-line US PPI data.
December 50-basis-point rate hike probability declined from 13.8% to 10.6%.

Bearish strength: 80/100

Gold has lost more than 4% this week.
Thursday's 3% decline pushed gold to a more-than-one-year low.
Markets continue pricing in an 89.4% probability of a December Fed rate hike.
Persistent inflation and higher interest-rate expectations weigh on non-yielding gold.

This is automated NewsSignalsAI analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in macro.

San Francisco Fed’s Daly Reiterates Further Rate Hikes May Be Needed

San Francisco Fed President Mary Daly reiterated that further rate hikes may be needed and said it is difficult to determine whether interest rates are sufficiently restrictive. The message keeps policy focused on inflation progress and labor-market data. The supplied context identifies rate-sensitive equities, long-duration growth names and crypto liquidity as areas tied to the policy outlook, while NAS100, SPX500 and XAU are the listed market instruments. No specific price move, flow, trading-volume change or rate decision was provided.

Gold Little Changed With Focus on Yields, Geopolitical Tension — Market Talk

Gold remains nearly unchanged after briefly recovering to $4,000, as elevated borrowing costs and geopolitical uncertainty create competing market pressures. December gold futures slipped 0.1% to $3,883.40 per ounce, while uncertainty surrounding U.S.-Iran relations could support safe-haven demand. The direction of gold may depend on Treasury yields, inflation expectations, and U.S. dollar strength, which could limit gains despite geopolitical risks.

Stock Futures Higher as Cool PPI Print Buoys Sentiment — 2nd Update

U.S. stock futures turned higher after cooler-than-expected producer inflation boosted investor sentiment, with October PPI rising 0.3% versus the 0.4% forecast. Dow and S&P 500 futures gained more than 0.5%, while Nasdaq futures rose 0.4% as Nvidia shares rebounded around 2% premarket. Despite the inflation relief, elevated expectations for a December Fed rate hike and continued weakness in Bitcoin could pressure broader risk sentiment.

Comex Gold Delivery Intentions Breakdown - Nov 13

COMEX gold futures delivery intentions for November 2026 show 495 contracts issued or stopped by Deutsche Bank and HSBC for the November 16 delivery date. The November 12 intent report identifies Deutsche Bank with 172 issued and 323 stopped contracts, alongside HSBC activity. The delivery figures could provide insight into institutional positioning and physical gold demand, although the broader delivery totals remain unclear.

Browse more historical news from November 2026 →