Gold rebounds after sharp selloff as silver gains 1%
Gold and silver edged higher on Friday after a sharp correction, TradingView reports, though uncertainty over Federal Reserve rate expectations persists.
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what happened
According to TradingView, gold and silver rose slightly on international markets on Friday, November 13, recovering part of the losses from earlier sessions. COMEX gold futures traded at $3,911.40 an ounce, up $26.10, or 0.67%, from the previous close of $3,883.30. Silver rose about 1% and held near $50.565 an ounce.
The earlier slump was tied to expectations that the Federal Reserve may keep rates high for longer. US consumer prices rose 0.4% in October versus a forecast of 0.3%, and markets began to price in a possible rate hike in December. Higher bond yields and a firmer dollar make gold and silver, which pay no interest, less attractive to hold.
PL Capital commodities head Ashish Rajodiya said US producer price data will be a key trigger for precious metals. Prithviraj Kothari of IBJA pointed to lower safe-haven demand amid hopes for peace deals between the US and Iran and between Russia and Ukraine.
why it matters
Investors will focus on US inflation indicators, Fed commentary, the dollar and bond yields, and geopolitics. According to the report, a weaker rupee could cushion falling domestic bullion prices in India.
market impact
Gold and silver: Fed rate expectations and a firm dollar weigh, and the rebound is not yet a confirmed trend
- Gold mixed — a post-correction rebound against pressure from expectations of tighter Fed policy
tags
instruments
sources
- Gold rebounds after sharp correction, silver climbs 1%: Will the recovery sustain — TradingView, 13 November 2026 at 02:09 UTC
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