# Gold ticks up on weaker dollar, Warsh's Jackson Hole speech in focus

> The U.S. dollar eased, making dollar-denominated commodities more affordable for holders of other currencies. Markets saw the chance of a September Fed rate hike fall to 34%, with a 74% chance of a hike by December, ahead of Chair Warsh's Jackson Hole speech.

- Date: 2026-09-01 · published 2026-09-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/17808-gold-ticks-up-on-weaker-dollar-warsh-s-jackson-hole-speech-in-focus
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar supports commodity demand from overseas buyers, while rising hike odds later in the year could reverse that support.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-07-30 | [Gold rises on weaker U.S. dollar, soft inflation data](https://feedsoft.ai/events/18260-gold-rises-on-weaker-u-s-dollar-soft-inflation-data.md) | -1.2% | -1.9% |
| DXY | 2025-08-28 | [Metals Edge Higher on Weaker Dollar, PCE Data in Focus - ADM Investor Services](https://feedsoft.ai/events/23248-metals-edge-higher-on-weaker-dollar-pce-data-in-focus-adm-investor-services.md) | +0.0% | -0.2% |
| DXY | 2019-08-29 | [USD/JPY holds weaker below 106.00 handle, US GDP in focus — Octa](https://feedsoft.ai/events/57810-usd-jpy-holds-weaker-below-106-00-handle-us-gdp-in-focus-octa.md) | -0.3% | -0.1% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/world/india/gold-drifts-higher-eyes-fed-chair-warshs-comments-2026-08-27/

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