Commodities
Gold price drop hits 1-year low of $3,852 as real yields rise
The gold price drop on Nov. 12, 2026 took spot gold to $3,852 an ounce, its lowest in more than a year and over 30% below January's record. Fed hike bets lifted the 10-year real yield to 2.86% and the dollar. Gold rebounded above $3,900 on Nov. 13; PPI and half-point hike odds come next.