# Gold slips over 2%, palladium sheds 10% as post-Fed slide accelerates

> Spot gold fell about 2% to $1,776 per ounce after the Fed's hawkish dot plot lifted the dollar to a two-month high and pushed up Treasury yields. Palladium had its worst day in over a year as precious metals sold off.

- Date: 2021-06-17 · published 2021-06-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46486-gold-slips-over-2-palladium-sheds-10-as-post-fed-slide-accelerates
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Precious metals are not feed inputs, so the direct effect is limited; the story signals a stronger dollar that tends to weigh on dollar-denominated grain and oilseed prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-06-16 | [Gold slides over 1% after Fed projects rate hikes into 2023](https://feedsoft.ai/events/46487-gold-slides-over-1-after-fed-projects-rate-hikes-into-2023.md) | +1.4% | +1.4% |
| DXY | 2025-01-29 | [Gold dips as dollar, yields climb after Fed stands pat on rates \| Reuters](https://feedsoft.ai/events/26412-gold-dips-as-dollar-yields-climb-after-fed-stands-pat-on-rates-reuters.md) | -0.1% | -0.8% |
| DXY | 2025-07-30 | [Gold falls over 1% after Fed keeps rates steady, strong US data](https://feedsoft.ai/events/23661-gold-falls-over-1-after-fed-keeps-rates-steady-strong-us-data.md) | -0.0% | -0.4% |
| DXY | 2024-11-11 | [Gold drops over 2% as dollar strengthens; investors await Fed policy cues](https://feedsoft.ai/events/27337-gold-drops-over-2-as-dollar-strengthens-investors-await-fed-policy-cues.md) | +0.8% | +1.1% |
| DXY | 2024-12-18 | [Gold slides below $2,600 as Fed signals two rate cuts in 2025](https://feedsoft.ai/events/26855-gold-slides-below-2-600-as-fed-signals-two-rate-cuts-in-2025.md) | +0.7% | +1.5% |

## Sources

- cnbc.com: https://www.cnbc.com/2021/06/17/gold-markets-us-treasury-yields-federal-reserve.html

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