# Gold Prices Drop as Rate Hike Bets Rise

> Gold falls 4.5% this week, poised for worst four-month stretch amid rate hike expectations.
- Title: Gold Prices Drop as Rate Hike Bets Rise · mint | Shortify
- Summary: Gold falls 4.5% this week, poised for worst four-month stretch amid rate hike expectations.
- Keywords: gold prices, rate hike bets, us inflation, producer price index, fed hawkishness, us ppi, mint
- Source: mint — https://livemint.com/market/ratehike-bets-keep-gold-on-track-for-worst-week-in-four-months-11794598496469.html
- Published: 2026-11-13T19:34:56+00:00
- Read time: 1 min
- Topics: gold prices, rate hike bets, us inflation, producer price index, fed hawkishness, us ppi, money, business
## Gold Prices Drop
Spot gold down about 4.5% this week, the most since early June.
## US PPI Data
US Producer Price Index for final demand rose 0.3% last month.
## Rate Hike Bets
Markets see 91.4% chance of 25-basis-point US rate hike in December.
## Gold Selloff
Gold prices slid 3% on Thursday, hitting a more-than-one-year low.
## Key takeaway

Gold prices dropped 4.5% this week, marking its worst week in four months as rate hike bets increase.