# US Fed rate cuts: What does this mean for gold, equities, and emerging markets? | Julius Baer

> Julius Baer says the outlook for Fed rate cuts is supporting gold, which reached record highs after the ECB's second cut. It adds that past cycles show lower rates alone do not lift gold without a recession, and that equities usually perform well during easing cycles.

- Date: 2024-09-20 · published 2024-09-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/28221-us-fed-rate-cuts-what-does-this-mean-for-gold-equities-and-emerging-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The article covers gold and equities rather than feed inputs, so its direct effect on feed prices is minimal; the main link is a weaker dollar from easing.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-02 | [US asset markets: What Fed cuts mean for US Treasuries and the dollar \| articles \| ING THINK](https://feedsoft.ai/events/7151-us-asset-markets-what-fed-cuts-mean-for-us-treasuries-and-the-dollar-articles.md) | -0.8% | +4.0% |
| DXY | 2024-10-01 | [What a Fed rate cut could mean for the world](https://feedsoft.ai/events/28219-what-a-fed-rate-cut-could-mean-for-the-world.md) | +0.9% | +2.9% |
| DXY | 2020-07-29 | [US dollar breaking down, gold and the $A breaking up – what does it mean for investors? - Invest Blue](https://feedsoft.ai/events/52393-us-dollar-breaking-down-gold-and-the-a-breaking-up-what-does-it-mean-for.md) | +0.4% | -0.4% |
| DXY | 2025-06-06 | [For markets, end to ECB rate cuts just got closer](https://feedsoft.ai/events/24435-for-markets-end-to-ecb-rate-cuts-just-got-closer.md) | -0.7% | -1.1% |
| DXY | 2025-06-26 | [The US dollar is tanking! What it means for gold, copper, Bitcoin, and the global economy](https://feedsoft.ai/events/24110-the-us-dollar-is-tanking-what-it-means-for-gold-copper-bitcoin-and-the-global.md) | -0.9% | -0.6% |

## Sources

- juliusbaer.com: https://www.juliusbaer.com/en/insights/market-insights/market-outlook/us-fed-cuts-rates-what-does-this-mean-for-gold-equities-and-emerging-markets/

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