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Gold and Silver Price Forecast: Gold Hits 13-Month Low Before US PPI - FXEmpire

FXEmpire via Google News Tier 3 2026-11-13 07:39 UTC πŸ“– 1 min brief Bearish
Gold Silver

AI desk brief

  • Gold fell 2.76% Thursday to a reported 13-month low; silver lost over 3%, trading near $50. The source reports a 5.10% US 10-year Treasury yield and 102.30 dollar index ahead of Friday’s US PPI, arguing hot inflation could pressure metals further.
  • Gold’s nearest cited support is $3,780; a weekly close below $3,850 could extend losses toward $3,500–$3,600. The source requires a break above $4,150 for stronger recovery toward $4,400.
  • For silver, a confirmed break below $48–$50 could expose $45; recovery above $55 would signal a short-term bottom, targeting $60–$70. Softer PPI could support rebounds in both metals.

Sources used

  1. S1 FXEmpire via Google News β€” Gold and Silver Price Forecast: Gold Hits 13-Month Low Before US PPI - FXEmpire
β†— Source Unavailable