Gold Rises to $3,920

10:37 - 13.11.2026


November 13, Fineko/abcnews. After briefly touching a 13-month low yesterday as investors ramped up bets on Federal Reserve rate hikes, gold rose as much as 1% to trade around $3,920 per ounce before paring gains to hold a 0.5% increase below the $3,900 mark.

Bullion has lost more than 6% over the past three sessions—pressured by hotter-than-expected consumer inflation and hawkish remarks from Fed officials—and remains on track for a weekly decline. Meanwhile, silver climbed 1.1% to $50.56 per ounce before dipping back below $50, while platinum and palladium also advanced.