# 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.

- Date: 2026-09-01 · published 2026-09-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/17807-gold-climbs-on-weaker-dollar-easing-fed-rate-hike-concerns
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## 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.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-01-11 | [Gold shines on weak dollar, Fed chief's dovish tone on rate hike](https://feedsoft.ai/events/61008-gold-shines-on-weak-dollar-fed-chief-s-dovish-tone-on-rate-hike.md) | +0.4% | +0.9% |
| DXY | 2023-11-23 | [Gold up on weaker dollar as investors wait on Fed rate path](https://feedsoft.ai/events/33078-gold-up-on-weaker-dollar-as-investors-wait-on-fed-rate-path.md) | -0.4% | -1.1% |
| DXY | 2019-10-31 | [Gold gains as dollar weakens after Fed's interest rate cut](https://feedsoft.ai/events/56483-gold-gains-as-dollar-weakens-after-fed-s-interest-rate-cut.md) | -0.1% | +0.8% |
| DXY | 2018-02-22 | [Mexico peso firms on rate hike bets, weaker U.S. dollar](https://feedsoft.ai/events/66711-mexico-peso-firms-on-rate-hike-bets-weaker-u-s-dollar.md) | +0.5% | -0.1% |
| DXY | 2018-03-20 | [Even with a Fed rate hike, dollar can weaken further: Credit Suisse](https://feedsoft.ai/events/66188-even-with-a-fed-rate-hike-dollar-can-weaken-further-credit-suisse.md) | -0.9% | -1.2% |

## Sources

- reuters.com: https://www.reuters.com/business/gold-gains-weaker-dollar-reduced-fed-rate-hike-bets-2026-08-17/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.