# Gold Slips as Dollar Firms Before US CPI

> Dollar strength pushes gold down ahead of US inflation data.
- Title: Gold Slips as Dollar Firms Before US CPI · The Rio Times
- Summary: Dollar strength pushes gold down ahead of US inflation data. Gold fell 0.5% to $4,170 an ounce as the dollar index rose 0.19% to 102.41 before Wednesday's US…
- Keywords: dollar, gold, cpi, fed, inflation, treasury, bonds, market, usd, s&p 500, dow jones, Slips
- Source: The Rio Times — https://riotimesonline.com/global-economy-briefing-october-13-2026
- Author: Diego Fernández
- Published: 2026-10-13T03:33:39+00:00
- Read time: 2 min
- Topics: us, dollar, gold, cpi, fed, inflation, treasury, bonds, market, usd, s&p 500, dow jones
## Wall Street Pauses Near Records
The S&P 500 closed at 7,807.24, down 0.06%, while the Dow rose 0.38% and the Nasdaq fell 0.44%.
## Dollar Index Rises 0.19%
The dollar index rose 0.19% to 102.41 as US Treasury yields climbed to 5.24%.
## Gold Slips 0.5%
Gold slipped about 0.5% to roughly US$4,170 an ounce as a stronger dollar and elevated yields weighed on the metal.
## US CPI Data Approaches
US consumer prices for September arrive on Wednesday 14 October with a consensus of 3.7% year on year versus 3.4% before.
## Fed Hike Odds
Polymarket traders price a 25-basis-point Fed hike at 19.5% for October and 75.5% for December (as of 11:13 pm ET, 12 October).
## Brazil Exposed to Dollar Pressure
A firmer dollar and higher US yields tighten financial conditions for Brazil, increasing pressure on the real and complicating the Selic outlook.
## Core CPI Expected to Cool
Core CPI is expected at 0.2% month on month, cooling inflation expectations ahead of Wednesday's US CPI report.
## Japan Machinery Orders Rebound
Japan's August machinery orders are expected to rebound 3% after a 3.7% drop, signaling firm capital spending.
## Brazil Service Sector Growth
Brazil's service sector growth is expected at 0.9% this week, a slight decline from the previous week.
## US Inflation Data Impact
A hotter-than-expected US inflation reading could lift yields, strengthen the dollar, and pressure equities and emerging-market currencies.
## Market Reaction to Data
The S&P 500 rose 0.29% with 9 of 15 names advancing, indicating cautious optimism ahead of US CPI.
## What to Watch Next
Wednesday's US consumer prices (CPI) for September at 08:30 ET will be the main catalyst for Fed pricing decisions.
## Key takeaway

Gold fell 0.5% to $4,170 an ounce as the dollar index rose 0.19% to 102.41 before Wednesday's US CPI report.