Gold drops 3% below $3,930 on tariff talks and hawkish Fed bets: Nov 13, 2026
Gold fell more than 3% to below $3,930, its lowest level since October 2025 and below its late-October/early-November low. The move followed reports of close China-US contact on tariff cuts alongside hot US inflation data and expectations for smaller Federal Reserve moves. US gold stocks also moved lower in premarket trading.
Updated
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Headlines (9)
Carried over from earlier days
- Gold falls below $4,100/oz on hot US inflation, hawkish Fed bets as Goldman cuts targetwallstreetcn.com
- Gold falls below $4,000 as bulls shun near-term calls and add far-dated upside betsflash.jin10.com
- Spot gold falls below $3,930, US gold stocks fall premarket with Royal Gold down nearly 4%gelonghui.com
- China-US in close contact on trade, Fed's Hammack favors smaller moves, gold drops 3%flash.jin10.com
- Gold prices see lowest level since October 2025aa.com.tr
- Gold tumbles $112 as sellers break below the late-October/early-November lowInvestingLive
- Roundup: China, US in contact on tariff cuts, gold falls 3%, Nvidia below $4 trillionflash.jin10.com
- US stocks fall as Nvidia closes down over 4%, Brent jumps nearly 4%, gold falls over 3%, Huang resignswallstreetcn.com
- Gold falls to over one-year low below $3,900 amid inflation concerns, US PPI data loomsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, November 13 | ||
| PPI m/m | 0.2% | CHF |
| Core PPI m/m | 0.3% | USD |
| PPI m/m | 0.4% | USD |
| FOMC Member Collins Speaks | USD | |
| FOMC Member Logan Speaks | USD | |
| Mortgage Delinquencies | USD | |
| Natural Gas Storage | 65B | USD |
| FOMC Member Bowman Speaks | USD | |