Gold futures rose 0.4% to $4,242.70 an ounce on December 11 after the Fed cut rates by 25 bps in a split vote, to a range of 3.50% to 3.75%. The Fed signaled that further borrowing cost reductions may not come soon.
Analysts noted limited US investor exposure to gold ETFs.
Lower rates support gold as a non-yielding asset, but gold has no direct link to feed supply or demand. The story mainly reflects macro conditions affecting precious metals.
After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
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.