Silver drops over 3% as hot US CPI lifts Fed hike bets: Nov 11, 2026
Silver fell over 3% after US October headline and core CPI beat expectations, with the monthly rise at 0.4% keeping December Fed hike bets at 100%. The hotter inflation print also pressured gold and left precious metals edging lower alongside deeper losses in energy prices, while other coverage noted silver had climbed above $52 despite rising yields and later rebounded with gold.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
Headlines (13)
First seen on November 11
- US October CPI rises 0.4% topping estimates, traders hold December Fed hike bets at 100%cls.cn
- Broker orders show spot gold reclaims 4,060 with heavy shorts above, spot silver up nearly 3%flash.jin10.com
- Silver defies rising US yields, climbs above $52 despite Fed rate-hike betsFXStreet
Carried over from earlier days
- Silver Price Forecast: XAG/USD rises to near $53.00 as lower oil eases inflation pressureFXStreet
- Precious metals start week with gains as crude oil prices declineaa.com.tr
- Silver price today: Silver rises, according to FXStreet dataFXStreet
- Silver Rebounds with Gold, but Gold/Silver Ratio Warns of Further UnderperformanceActionForex
- Energy prices deepen losses while precious metals edge loweraa.com.tr
- US Oct headline, core CPI beat views; spot gold dives over $30 to $4,046/oz, silver down over 3%flash.jin10.com
- Gold plunges over 2% as US inflation exceeds expectationsaa.com.tr
- Silver Price Forecast: XAG/USD slides as US CPI tops estimatesFXStreet
- Overnight news: Nvidia down over 9% in two days, Anthropic enters Office, US delays AI compute futurescls.cn
- China Oct Trade Up 31.2%, US Oct CPI Beats Expectations Lifting Fed Hike Betsflash.jin10.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, November 11 | ||
| Bank Holiday | USD | |
| Thursday, November 12 | ||
| Unemployment Claims | 194K | USD |
| FOMC Member Hammack Speaks | USD | |
| Mortgage Delinquencies | USD | |
| FOMC Member Barr Speaks | USD | |
| Existing Home Sales | 3.89M | USD |
| FOMC Member Goolsbee Speaks | USD | |
| Crude Oil Inventories | -0.6M | USD |