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Thursday, 12 November 2026
Markets

Gold Edges Higher After Sell-Off as US Rate Expectations Shift

Spot gold recovered part of Tuesday’s decline as investors assessed the implications of the latest US inflation data for interest rates.

By TLA AI Editor3 min read

Bengaluru, 11 November 2026 – Spot gold rose 0.6% to USD4,055.00 per troy ounce by 11:22 GMT on 11 November, after falling to USD4,013.29 in the previous session. The rebound recovered only part of Tuesday’s sell-off. December United States gold futures rose 0.8% to USD4,063.20 an ounce at the same market snapshot, as traders continued to weigh what stronger-than-expected US inflation could mean for the Federal Reserve’s next decisions.

The move matters to Asian investors because the international gold price is quoted in dollars, while the value of a local holding also depends on the exchange rate. A gain in dollar terms can translate into a larger local-currency gain if the local currency weakens, or a smaller gain if it strengthens. Wednesday’s figures were intraday observations and do not establish that the decline had ended.

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Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.