11 Nov 2026 | 3 Mins Read
Gold hovers near one-week low as strong US inflation fuels Fed hike expectations
Flipitmoney
Gold prices rose 0.2% to $4,039.07 per ounce but remain near a one-week low after strong US inflation data increased expectations of a Federal Reserve rate hike next month. US gold futures climbed 0.4% to $4,046.40. Spot silver was steady at $51.52, platinum rose 0.4% to $1,546.47, and palladium gained 0.2% to $1,027.19.