# Fed Day: Where to for Gold, Silver? | Investing.com

> Ahead of the Fed decision, markets priced a 25-basis-point hike with about 98% consensus. Traders were focused on Powell's comments on whether another hike would come before year-end.

- Date: 2023-07-26 · published 2023-07-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/34957-fed-day-where-to-for-gold-silver-investing-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Pre-decision positioning in the dollar and risk assets can move commodity prices, but the expected outcome gives little new price signal for feed markets.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-12-15 | [6 Reasons For The Dollar Slump \| Investing.com](https://feedsoft.ai/events/67393-6-reasons-for-the-dollar-slump-investing-com.md) | -0.2% | -2.5% |
| DXY | 2019-07-31 | [Gold, Silver Dip as Fed Cuts Rates for First Time Since 2008 \| INN](https://feedsoft.ai/events/58017-gold-silver-dip-as-fed-cuts-rates-for-first-time-since-2008-inn.md) | +0.9% | +1.8% |
| DXY | 2021-04-11 | [Week Ahead: Fed’s Inflation Calm Is About To Get Tested \| Investing.com](https://feedsoft.ai/events/47862-week-ahead-fed-s-inflation-calm-is-about-to-get-tested-investing-com.md) | -0.6% | -1.9% |
| DXY | 2026-04-29 | [Gold adds slightly to losses after Fed holds rates steady, but sees four dissents By Investing.com](https://feedsoft.ai/events/19645-gold-adds-slightly-to-losses-after-fed-holds-rates-steady-but-sees-four.md) | -0.1% | +0.3% |
| DXY | 2017-12-28 | [Outlook 2018, Part II: Gold, Silver, Oil, USD, Euro, Central Banks \| Investing.com](https://feedsoft.ai/events/67392-outlook-2018-part-ii-gold-silver-oil-usd-euro-central-banks-investing-com.md) | -1.2% | -3.8% |

## Sources

- investing.com: https://www.investing.com/analysis/fed-day-where-to-for-gold-silver-200640379

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