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 الشرق
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2026-11-12T08:41:46.000Z

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Gold dips on US inflation

Gold dips on US inflation

Gold prices fell today after U.S. inflation data came in higher than expected. The decline coincided with hawkish remarks from the Federal Reserve, which strengthened expectations of an interest-rate hike next month and pushed the dollar close to a one-month high. Spot gold fell 0.2% to $3,979.09 an ounce, while U.S. gold futures for December delivery dropped 0.4% to $3,984.50. Silver fell 0.6% and palladium 0.3%.

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