Gold Price Today: $3,879 Saturday Week Ahead, FOMC Minutes…
By Tobi Opeyemi Amure
AI summary of the source article
Spot gold closed late Friday at $3,879 an ounce, recording a weekly decline of nearly 4.5 percent. Expectations of a December Federal Reserve rate hike pushed the US 10-year yield to 5.15 percent.
Why it matters
Gold pays no interest, so a higher policy rate and a 10-year Treasury yield above 5 percent raise the cost of holding it. A strong dollar adds pressure because gold is priced in dollars.
Key facts
- Spot gold traded at $3,879 an ounce late Friday after falling to a 2026 low of $3,852 on Thursday.
- CME FedWatch pricing indicated an approximately 90 percent chance of a 25 basis point Fed rate rise in December.
- The US 10-year Treasury yield stood at 5.15 percent as the dollar index reached 103.41.
Source excerpt · FinanceFeeds
Updated 14 November 2026, 13:30 GMT. Spot gold was at $3,879 an ounce late on Friday, up 0.14 percent on the day but heading for a weekly loss of nearly 4.5 percent (FXStreet, 20:23 GMT). On Thursday it fell to $3,852, its lowest level of 2026. Markets are closed for the weekend. Verdict: gold ends the week pinned near its lows by a 5.15 percent US 10-year yield and a dollar at a 19-month high; th…