Bonds

Gold jumps after cooler-than-forecast U.S. PPI

Nov. 13, 2026, 20:40 GMTNews

NEW YORK, Nov. 13, 2026 (GoldSquawk) - COMEX gold futures rose after the U.S. Bureau of Labor Statistics said producer prices for final demand increased 0.3% in October, below Reuters’ forecast of 0.4%, as traders watched for signals on inflation pressures and Federal Reserve policy. The release briefly lifted bullion, but the broader rate backdrop and higher real yields kept pressure on prices.

Gold is pricing Treasury funding, not just CPI

Nov. 13, 2026, 20:36 GMTOpinion

Wednesday, Nov. 11, 2026. Gold was sold as if one CPI print settled the macro debate, but that is too neat: the October inflation surprise hit bullion, yet the larger story is that gold is trading inside a Treasury market burdened by heavy funding needs, persistent duration supply and still-elevated real yields.