Gold prices today, November 11th: Plummeting nearly 3% to near the $4,000 mark. - Vietnam.vn

AI desk brief

Spot gold fell 2.6% to $4,031.80/oz at the quoted session timestamp, while US December futures settled 2% lower at $4,030.20/oz. US CPI rose 0.4% last month, above the 0.3% consensus but below September’s 0.6%, according to figures attributed to the Bureau of Labor Statistics. The report links gold’s decline to a stronger dollar, higher Treasury yields and expectations of a larger December Fed rate increase. That policy channel could pressure gold, but nominal yields alone do not establish higher real yields; the source does not specify the year.