Business · Markets · 4 hrs ago
Gold edges higher after US inflation data, but remains set for weekly loss
Gold prices edged higher after US inflation data was released.
The figures largely matched market expectations.
Spot gold rose 0.1% to $3,879.71 per ounce.
US gold futures for December delivery settled at $3,922.97 per ounce.
Despite the daily rise, gold was on track for a weekly loss.
The figures provide context for the day’s price move, while the week’s overall direction remained negative.
No further market developments were specified.
Gold prices rose after US inflation data largely matched expectations.
Spot gold gained 0.1% to $3,879.71 per ounce.
US gold futures for December delivery settled at $3,922.97 per ounce.
Prices remained on track for a weekly loss.
- Who
- Gold prices and US gold futures.
- What
- Spot gold rose 0.1%, while prices remained on track for a weekly loss.
- When
- November 13, 2026.
- Where
- Not stated.
- Why
- US inflation data largely aligned with expectations.
This story does not have two clearly opposing sides.
US inflation data was released and largely matched expectations, after which gold prices rose.
December US gold futures settled at $3,922.97 per ounce.
- Spot gold
- $3,879.71 per ounce, up 0.1%
- December US gold futures
- $3,922.97 per ounce at the close
- Inflation data
- Largely aligned with expectations
- Weekly direction
- Gold remained on track for a weekly loss