Gold came under pressure as stronger-than-expected U.S. inflation boosted the dollar and Treasury yields.

📊 Market reaction - November 10:

📉 Gold: −2.3%
📈 U.S. Dollar Index: +0.6%

🇺🇸 U.S. inflation rose 0.4% in October, above the expected 0.3%.

⭐️ Why does this matter?

A stronger dollar makes gold more expensive for international buyers, while higher interest rates reduce its appeal.

⚡️ Key takeaway: Inflation data can quickly shift market sentiment across currencies and commodities.

Source: Reuters, Nov 10, 2026.