@whygoldmoved: Why did gold fall 3.0% on Tue 10 Nov? What happened: US core inflation rose 0.3% in October, beating the 0.2% forecast. US 2- to 5-year yields rose at least 10 basis points today. The dollar strengthened after the inflation data boosted rate-rise expectations. Why it matters for gold: Hotter inflation gives the Fed more reason to raise rates, which pushed up US borrowing costs and strengthened the dollar. Why rate rises weigh on gold: Higher interest rates mean savings and bonds pay more. Gold pays nothing, so it looks worse next to them. We explain gold news in plain English. Every big gold date, free. Website in profile. Education only. Gold doesn't always react the same way. Not financial advice. #gold #goldprice #economics #news #learnontiktok