Gold price today, Wednesday, November 11, 2026: Gold prices fall back as inflation concerns broaden - Yahoo Finance

AI desk brief

December gold futures opened at $4,043.70/oz on November 11, 2026, down 2.5% from Tuesday’s open, before reaching $4,055.20 at 7:02 a.m. ET. The opening price was 2.6% above a week earlier but 2.8% below a month earlier. The article reports CME FedWatch pricing an 84.5% probability of a 25-basis-point December rate increase following the latest CPI release, while Fed Governor Michelle Bowman warned inflation was broadening. Further tightening could pressure gold if it raises expected real yields; the reported rate expectations alone do not establish that channel.