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Gold Prices Fall as Hot U.S. Inflation and Stronger Dollar Weigh on Bullion
Gold prices extended their decline on Wednesday as stronger-than-expected U.S. inflation data and hawkish comments from Federal Reserve officials boosted the dollar and increased expectations ... The post Gold Prices Fall as Hot U.S. Inflation and Stronger Dollar Weigh on Bullion first appeared on [your]NEWS.
The prices of future gold contracts ended the day in decline, Wednesday (11), following the losses of the day before in the face of the rise in the highest interest bets in the United States, while the foreign dollar reached the highest level since May 2025, making the precious metal more expensive for buyers who use other currencies. In Comex, metal division of the New York Mercantile Exchange (Nymex), the gold with delivery planned for Decembe…
Global gold prices continued to weaken on Wednesday (11/11/2026), pressured by higher-than-expected United States (US) inflation data.
The gold closed down on Wednesday (11), still pressed by the higher interest prospects in the United States and a stronger dollar, waiting for the US producer price index (PPI), which will be known on Friday (13). At Comex, metal division of the New York Stock Exchange (Nymex), the gold for December [...]
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