GOLD GAINS 1.0%; WEEK-TO-DATE LOSS AT 3.5%

Spot gold rose 1% to $3,915.31 per ounce but remained down 3.5% for the week. Silver, palladium and platinum also gained, while markets weighed Fed rate hike expectations ahead of US PPI data.

13 Nov 20261 min read

Daily Market Update November 13, 2026

GOLD GAINS 1.0%; WEEK-TO-DATE LOSS AT 3.5%

Rebound, but Down 3.5%

Spot gold rose 1.0% on Friday but was still down 3.5% for the week as of Reuters’ 03:22 GMT update. The metal was quoted at $3,915.31 per ounce, following Thursday’s decline to its lowest level since October 2025.

Platinum vs Other Metals

Spot silver rose 1.0% to $50.49 an ounce, palladium gained 2.1% to $1,014.50, and platinum increased 1.3% to $1,538.22, Reuters reported. Platinum was on track for a weekly gain, while gold, silver and palladium were headed for weekly declines.

Rate Hike Odds

The probability of a 25-basis-point Fed rate increase in December stood at 89%, compared with 11% for a 50-basis-point increase, based on CME FedWatch data cited by Reuters.

Separately, New York Fed President John Williams said on Thursday that further rate hikes were likely, according to Reuters.

Next: US PPI

The US Producer Price Index (PPI) for October is scheduled for release on Friday, November 13, at 8:30 a.m. Eastern Time (13:30 GMT), according to the US Bureau of Labor Statistics release schedule.

Market data note: The spot-gold quotation is timestamped 03:22 GMT on November 13, 2026. The other metal prices and FedWatch probabilities are from the same Reuters report, which does not specify separate quotation times for those figures. Price changes and week-to-date performance are not final closing results. The figures are not live quotes.

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