# Gold Tumbles as Powell’s Inflation Concerns Dash Easing Bets

> Gold declined for a sixth straight day after Fed Chair Powell said higher energy prices would push up inflation and that policy should stay restrictive. The Fed held rates and kept one cut forecast for the year, while crude rallied on escalation in the Iran war.

- Date: 2026-03-18 · published 2026-03-18T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/20074-gold-tumbles-as-powell-s-inflation-concerns-dash-easing-bets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rising yields and a firmer dollar on delayed rate cuts weigh on commodity prices, while escalation-driven crude gains raise input and freight costs for feed producers.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-30 | [Treasury yields rise as Powell signals concern about tariffs causing inflation](https://feedsoft.ai/events/23665-treasury-yields-rise-as-powell-signals-concern-about-tariffs-causing-inflation.md) | -0.0% | -0.4% |
| DXY | 2021-03-04 | [U.S. Dollar Soars As Powell Expresses Little Concern About Inflation, Rates \| Investing.com](https://feedsoft.ai/events/10064-u-s-dollar-soars-as-powell-expresses-little-concern-about-inflation-rates.md) | +0.7% | +0.9% |
| DXY | 2026-05-19 | [Treasury yields, dollar weigh on gold amid inflation concerns](https://feedsoft.ai/events/19168-treasury-yields-dollar-weigh-on-gold-amid-inflation-concerns.md) | +0.1% | +0.2% |
| DXY | 2025-05-07 | [Gold drops over 1% on Powell's cautious views, easing trade tensions](https://feedsoft.ai/events/24576-gold-drops-over-1-on-powell-s-cautious-views-easing-trade-tensions.md) | +0.8% | -0.8% |
| DXY | 2022-05-31 | [AUD steadies in face of escalating inflation concerns - OFX (US)](https://feedsoft.ai/events/41652-aud-steadies-in-face-of-escalating-inflation-concerns-ofx-us.md) | +0.0% | +2.0% |
| WTI | 2019-09-16 | [Oil spike sends India assets lower as inflation concerns revive](https://feedsoft.ai/events/57385-oil-spike-sends-india-assets-lower-as-inflation-concerns-revive.md) | +5.8% | -0.1% |
| WTI | 2021-05-26 | [Equities, dollar rise as Fed officials downplay inflation concerns](https://feedsoft.ai/events/47004-equities-dollar-rise-as-fed-officials-downplay-inflation-concerns.md) | +3.9% | +10.4% |
| WTI | 2022-08-10 | [C$ notches up 6-day high as U.S. inflation pressures ease \| Financial Post](https://feedsoft.ai/events/40282-c-notches-up-6-day-high-as-u-s-inflation-pressures-ease-financial-post.md) | -4.3% | -10.8% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/markets/commodities/articles/gold-steady-near-5-000-065630369.html

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