Gold and silver prices rebounded on Friday, November 13, 2026, after a sharp correction in previous sessions. On COMEX, gold futures rose to $3,911.40 per ounce, up $26.10 or 0.67% from the previous close of $3,883.30. Silver futures climbed to $50.565 per ounce, a 1% increase from the prior session's close of $50.005.
The recovery follows a period of weakness driven by stronger-than-expected US inflation data, which reinforced expectations of higher interest rates for longer. Higher rates typically weigh on gold and silver as they increase the opportunity cost of holding non-interest-bearing assets. A stronger US dollar also contributed to the pressure, making these metals more expensive for international buyers.
Experts attributed the recent decline to hotter-than-expected US inflation and tighter monetary policy expectations. Ashish Rajodiya of PL Capital noted that inflation data pushed the dollar to its highest levels since April 2025 and increased the likelihood of a December rate hike. Prithviraj Kothari of RiddiSiddhi Bullions highlighted reduced safe-haven demand amid geopolitical developments.
Looking ahead, investors should watch US inflation indicators, Federal Reserve commentary, and movements in the dollar and bond yields. For Indian investors, rupee movements will also play a crucial role in determining domestic bullion prices.