Global gold prices plunge nearly 3% on 10 November 2026 after US inflation exceeds forecasts - Nation Thailand

AI desk brief

Spot gold fell 2.8% to $4,021.36/oz on 10 November 2026, while silver lost 3.9% to $51.32/oz, as the article linked the selloff to stronger-than-expected US inflation, dollar strength and rising Treasury yields. Monthly CPI rose 0.4% versus 0.3% forecast; CME FedWatch showed December’s 50-basis-point hike probability rising to 10.5% from zero, with 25 basis points fully priced. Further dollar strength could pressure bullion, although nominal yields alone do not establish its real-yield opportunity cost. The closing passages quote gold at both $4,036.30 and near $3,030 without reconciling those levels, limiting confidence in the reported price sequence.