# Gold Futures Settle Above $4,100 as Oil Prices Ease Inflation Fears By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/53435 Published: 2026-11-11T00:31:20.000Z Updated: 2026-11-11T00:31:20.000Z Section: Investing > A weaker dollar and expectations of pressure to end the Middle East war supported gold. Strong U.S. payrolls data kept rate-hike concerns in focus. Gold futures settled above $4,100 an ounce Monday, gaining as lower oil prices eased inflation concerns and a weaker U.S. dollar extended the metal’s post-election advance. Investor expectations that a Democratic-controlled Congress would press to end the Middle East war also supported gold. Gold and silver also gained [after Democrats were projected to win House control](). Stronger-than-expected U.S. payrolls data raised concerns about further interest rate increases, which can weigh on gold because it pays no interest. Traders put the chance of a December rate hike at 82%. ## Links in this article - [after Democrats were projected to win House control](https://www.tokenpost.com/news/investing/48786)