XAUUSDGlobal
Daily gold digest · 13 November 2026

Gold News, 13 November 2026: 7 stories moving XAUUSD

Spot gold fell about 2.8% on Thursday to near $3,876, its lowest close in more than a year, as the 10-year Treasury yield pushed above 5.1% and the dollar index set a new high for the year. Gold steadied near $3,910 in Asia on Friday, with October producer prices due at 13:30 GMT as the last big US inflation number of the week.

Gold spot$3,888.2+2.0 (+0.05%)NextUS retail sales (October)in 3d 15h · Tue 13:30 GMTWeekendopens in 2d 0hRange$56.1

Gold posts its lowest close in over a year as the 10-year yield tops 5.1% before PPI

01
Price

Spot gold drops 2.8% to about $3,876, its lowest close in more than a year

Spot gold traded near $3,876.40 an ounce late on Thursday, down $110.60 or 2.77%, Kitco reported, after breaking under $3,900 and touching a session low of $3,852.10. Mitrade called it gold’s lowest close in more than a year, below the 30 October low. In Friday’s Asian session spot gold recovered to around $3,910, TradingKey said, while silver slipped to near $49.93 on Thursday, down 3.13%.

Why it matters for gold:

A clean break of the 30 October low means the market is now trading in territory it has not seen for over a year, so old support levels matter less and round numbers like $3,850 and $3,800 get watched more closely. Moves of $100 in a day are about the size of a normal daily range this autumn, so position size matters more than usual. The gold cheat sheet has this week’s pivots and typical range, and the chart of the day walks through the latest hourly bars.

Source: Kitco

02
Inflation

October PPI is out today at 13:30 GMT, with a 0.4% monthly rise expected after September's 1.3%

The US producer price index for October is released on Friday at 8:30 am New York time (13:30 GMT, 19:00 IST). The consensus cited by TradingKey is a 0.4% monthly rise in the headline index, down from 1.3% in September, and 0.3% for the core measure. It follows an October CPI that rose 0.4% against 0.3% expected.

Why it matters for gold:

PPI tracks prices that businesses pay, so a hot number hints that consumer prices could stay firm and keeps the Fed leaning towards more hikes, which usually weighs on gold. A softer number could give gold room to bounce after three down days. PPI time today shows the release time in your zone, and the PPI event page has gold’s past reactions hour by hour.

Source: TradingKey

03
Jobs

Jobless claims rise to 200,000 but stay in their narrow range since August

Initial jobless claims rose 9,000 to 200,000 in the week ended 7 November, and the prior week was revised up to 191,000, mlq.ai reported from Labor Department data. The four-week average held at 195,250 and continuing claims fell 20,000 to 1.697 million. Weekly claims have stayed between 191,000 and 207,000 since mid-August.

Why it matters for gold:

Claims came in a little above the roughly 195,000 that was expected, but layoffs are still low, so the number did not change the story of a tight job market. That is why gold took more notice of yields than of the claims data on Thursday. The jobless claims event page shows how gold has moved on past Thursday releases.

Source: mlq.ai

04
Fed

Fed's Williams says the central bank still has "work to do" on inflation

New York Fed President John Williams said on Thursday that “the economy is strong, labor market continues to strengthen, and inflation is persistent,” and that the Fed still has work to do to get policy to the right place, Reuters reported. He did not say when or by how much rates should rise. MUFG noted that Dallas Fed President Lorie Logan has called for at least two more quarter-point hikes, while Governor Waller would consider a half-point move in December.

Why it matters for gold:

Williams is one of the most closely followed voices at the Fed, and he had sounded more patient earlier in the month. When he joins the case for more hikes, markets tend to price a longer run of rate rises, which lifts the cost of holding gold. Our FOMC decision page shows how gold reacted on recent Fed days, and the December hike odds post tracks the pricing.

Source: Reuters (via 93.3 The Drive)

05
Yields

The 10-year yield climbs to about 5.10% and the dollar index sets a new high for the year

The 10-year Treasury yield rose to about 5.102% on Thursday and the 2-year to 4.862%, Kitco reported. MUFG said the dollar index hit a fresh year-to-date high of 103.08, a quarter-point December hike is fully priced, and markets price about 43 basis points of hikes by January. Kitco cited futures putting an 85% chance on a 25-point December move and 15% on 50 points.

Why it matters for gold:

This is the main reason gold fell: a safe bond paying more than 5% makes a metal that pays nothing less attractive, and a stronger dollar makes gold dearer outside the US. Watching the 10-year yield and the dollar index next to your gold chart helps explain moves like Thursday’s. See what moves gold and the markets page for the live cross-asset view.

Source: Kitco

06
Geopolitics

Trump says the US no longer needs an Iran deal, and Brent jumps to about $95.9

President Trump said on Thursday that Washington no longer needs to reach a deal with Iran, TradingKey reported, dimming hopes of a negotiated end to the standoff. Brent crude rose 3.78% to settle at $95.94 a barrel and WTI gained 2.64% to $88.69. Kitco noted that shipping through the Strait of Hormuz remains heavily restricted.

Why it matters for gold:

Tension in the Gulf would normally help gold as a safe haven, but on Thursday the oil jump mainly fed inflation worries and rate-hike bets, which pushed gold lower. That is a useful reminder that the same headline can lift or sink gold depending on what the market is focused on. Our guide to whether gold is a safe haven looks at how gold behaved on big oil days.

Source: TradingKey

07
Positioning

Futures funds have cut gold longs for nine weeks in a row, while GLD holdings edged up

CFTC data show money managers’ net long in gold futures has fallen for nine straight weeks to about 324 tonnes, the lowest in 21 weeks, Mitrade reported, citing a Goldman Sachs desk estimate of about $19.5 billion of futures sold since 22 September. In the ETF market, SPDR Gold Shares (GLD) held 1,041.08 tonnes on 11 November, up 0.57 tonnes on the week, according to Goldreporter, though still 29.48 tonnes below the end of 2025.

Why it matters for gold:

Most of this autumn’s selling has come from futures traders cutting bets, not from long-term holders leaving. When futures positioning gets this light, there are fewer longs left to sell, but it does not tell you when the fall ends. Our guide on how to read gold ETF flows explains what these tonnage numbers mean for traders.

Source: Mitrade

← 12 November 2026Live news, calendar & levelsXAUUSD analysis for 13 November 2026

Summaries are written by XAUUSD Global from the linked sources. Educational content only, not financial advice.

Daily surprise · Friday 13 November 2026

Something new about gold, every day

Today’s gold fact

Gold in ounces of silver

On 13 Nov 2026 one ounce of gold bought 80.0 ounces of silver. That ratio was higher than on 97% of days in the past year (range 44.2 to 81.8).

Gold-silver ratio
Pattern of the day

US CPI release: 13 Sep 2023

US CPI release, 13 Sep 2023: gold fell 0.13% on the day, with a $11.2 range (0.70× its 20-day average). Next day: +0.02%.

See every release in the study

Computed from XAUUSD Global’s own data: COMEX gold futures settlements and hourly bars, and our NFP, CPI and Fed studies. A new pair every day. Past behaviour is history, not a forecast. Education, not signals.

Weekly gold forecast

The levels for the week

How today’s news fits the week: the rule-based bias, the statistical range and the weekly pivot. See how past weeks scored. Education, not signals.

Gold this week week of 9 Nov

Full forecast
  • BiasRange
  • Statistical band$3,971 – $4,174
  • Last close$4,072.1
  • Weekly pivot$4,037.1

Spot $3,888.2 is $82.4 below this week's band, as of 13 Nov, 22:10 UTC · market closed.

Rule-based bias and a statistical band for spot XAUUSD, not a prediction. Education, not signals.