Daily gold digest · 14 November 2026

Gold News, 14 November 2026: 7 stories moving XAUUSD

Spot gold closed Friday at $3,887.6, down about 4.5% on the week, after October producer prices rose a little less than forecast but bond yields and the dollar kept climbing. The weekend is quiet; next week brings US retail sales on Tuesday and the Fed’s October minutes on Wednesday.

Gold spot$3,887.6+1.4 (+0.04%)NextUS retail sales (October)in 1d 15h · Tue 13:30 GMTWeekendopens in 43mRange$56.1

Gold ends its worst week since June as a mild PPI fails to slow the climb in yields

01
Price

Gold has now fallen in 10 of the last 12 weeks, its longest losing run since 1989

The London afternoon benchmark fixed at about $3,890 an ounce on Friday, 3.5% lower than a week earlier and the lowest Friday fix since early October 2025, BullionVault reported. That makes 10 losing weeks out of 12, a run last matched in 2018, 2014, 1999 and 1996, and the worst since 11 down weeks in 12 in spring 1989. Friday’s bounce did not undo the week’s drop of about $150.

Why it matters for gold:

Long losing runs show steady selling pressure rather than one bad day, which is why many traders wait for a change in the weekly structure before treating a bounce as a turn. A streak like this says nothing about next week by itself. The gold cheat sheet has the new weekly pivots and typical range, and the Monday gap guide explains how gold can open after a weekend.

Source: BullionVault

02
Inflation

October PPI rises 0.3%, below the 0.4% forecast, but the annual rate hits 6.5%

US producer prices for final demand rose 0.3% in October against a 0.4% consensus, and September was revised up to 1.4% from 1.3%, StockTitan reported from the BLS release. Over 12 months prices rose 6.5%, the biggest annual gain since November 2022. Core PPI excluding food and energy rose 0.3% as expected, while the narrower measure that also strips out trade services rose 0.5% against 0.3% expected.

Why it matters for gold:

A slightly softer headline gave gold a brief lift on Friday, but the 6.5% annual rate and the firm narrow core keep the inflation story alive for the Fed. Traders who look only at the headline can miss the parts of a report that the market weighs. The PPI event page shows how gold moved in past PPI hours, and PPI time today explains what the release measures.

Source: StockTitan

03
Fed

Odds of a half-point December hike fall to 5%, while the dollar index hits a 19-month high

After the PPI data, futures pricing for a 50 basis point Fed hike in December dropped from 14.5% to 5%, Kitco commentators Gary and Joseph Wagner wrote, with roughly a 90% chance still on a quarter-point move at the 8-9 December meeting. The dollar index reached a new 19-month high of 103.38 and gained about 1% on the week, its best week in two months. Gold futures lost $191.90, or 4.70%, from Monday’s open.

Why it matters for gold:

Less talk of a jumbo hike took some heat off gold, but a quarter-point hike is still almost fully priced and the dollar kept rising, so the pressure did not lift. Gold priced in a stronger dollar costs more for buyers using other currencies. Our December hike odds post tracks the pricing, and the gold strength meter shows how gold did in other currencies this week.

Source: Kitco

04
Yields

The 10-year yield ends the week at 5.13% after its steepest weekly rise since April 2025

The 10-year Treasury yield finished the week at 5.13%, up 0.27 percentage points, its biggest weekly climb since April 2025, BullionVault reported. The 10-year inflation-protected (TIPS) yield rose 0.24 points to 2.87%. BullionVault added that bets on Fed hikes running into 2027 eased slightly on Friday.

Why it matters for gold:

The TIPS yield is the real return on a safe bond after inflation, and it is one of the clearest rivals to gold, which pays nothing. A real yield near 2.9% raises the cost of holding gold, which helps explain why the metal kept sliding even as inflation stayed high. Our guide to real yields and gold explains the link, and the markets page shows the 10-year next to gold.

Source: BullionVault

05
Physical demand

India: dealer premiums double to as much as $8 as cheaper gold draws festive buying

Indian dealers charged premiums of up to $8 an ounce over official domestic prices this week, up from up to $4 a week earlier, Reuters reported via Kitco, as lower prices and Diwali drew buyers. Domestic prices fell to 135,530 rupees per 10 grams on Thursday, the lowest since 23 March. In China bullion traded at a $3 to $6 premium, but a dealer said buyers remained cautious given the wide, volatile range in spot gold.

Why it matters for gold:

Premiums in India and China show whether physical buyers step in when the price falls. Rising premiums are a sign of real demand, but physical buying is rarely big enough on its own to turn the futures-driven global price. If you trade XAUUSD from India, our IST trading hours guide shows when gold moves most in your time zone.

Source: Kitco (Reuters)

06
Flows

Société Générale sees about $3.3 billion of index buying for gold in January

Commodity index funds could add about $3.3 billion of net gold exposure when they rebalance between 8 and 14 January, Kitco reported from a Société Générale note. The bank expects funds to sell about $17.2 billion of February futures and buy about $20.5 billion of April futures, with silver seeing about $2.5 billion of inflows. Gold’s weight in the Bloomberg Commodity Index would rise by about 3 percentage points because energy outperformed metals this year.

Why it matters for gold:

Index rebalancing is mechanical buying or selling on known dates, not a view on the price. It can add flows during the window, but it is small next to the daily turnover of the gold market and does not change the rate story driving gold now. Our gold futures guide explains contract months and rolls like the February-to-April switch.

Source: Kitco

07
Silver

Silver slides 2.6% to about $48.48 and the gold-silver ratio climbs to around 80

Spot silver fell about 2.6% on Friday to $48.48, with December COMEX futures at $48.65, Kitco’s Gary and Joseph Wagner wrote. The gold-silver ratio rose to roughly 80, up from about 74 in mid-October. BullionVault noted that silver has fallen in 9 of the past 12 weeks and is down more than 50% from its January Friday high.

Why it matters for gold:

Silver often falls harder than gold when yields rise and risk appetite fades, so a rising ratio is a sign that the selling is broad across precious metals rather than a gold-only story. It is also a reminder that silver’s moves are larger, so the same lot size carries more risk. Our gold-silver ratio guide explains how traders read it.

Source: Kitco

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

Daily surprise · Sunday 15 November 2026

Something new about gold, every day

Today’s gold fact

On this day in 2019

On 15 November 2019, COMEX gold futures settled at $1,467.3. The latest settlement ($3,886.3 on 13 Nov 2026) is +165% from there.

Gold in November 2019
Pattern of the day

The busiest hour for gold

From 30 Oct 2024 to 30 Oct 2026, gold's widest average hourly range came at 14:00 London time ($27.35), the narrowest at 21:00 ($11.51). Hourly COMEX bars, 11,443 of them.

When gold moves the most

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 next week week of 16 Nov

Full forecast
  • BiasRange
  • Statistical band$3,787 – $3,989
  • Last close$3,887.6
  • Weekly pivot$3,968.2

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