◂ Event Timeline

Sep 1, 2026MACROUS

Gold climbs on weaker dollar, easing Fed rate hike concerns

Gold prices rose on Monday, supported by a weaker dollar and fading expectations of a U.S. Federal Reserve rate hike amid Middle East tensions. Spot gold was up 0.9% to $4,417.24 per ounce.

WHY IT MATTERS

Macro currency moves shift dollar-denominated commodity affordability, but gold is not a feed ingredient, so the direct impact on feed prices is limited.

AFFECTSDXY▼

SOURCE
reuters.comSumit SahaSep 1, 2026

Price reaction & history

DXY▼bearishSO FAR1d +0.1%5d -0.6%20d +2.1%

After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

Jan 11, 2019Gold shines on weak dollar, Fed chief's dovish tone on rate hike+0.4%
Nov 23, 2023Gold up on weaker dollar as investors wait on Fed rate path-0.4%
Oct 31, 2019Gold gains as dollar weakens after Fed's interest rate cut-0.1%
Feb 22, 2018Mexico peso firms on rate hike bets, weaker U.S. dollar+0.5%
Mar 20, 2018Even with a Fed rate hike, dollar can weaken further: Credit Suisse-0.9%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

DXY · GP ▸

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