# Gold Price Forecast: Gold To Rise On Fed Dollar Debasement | Gold Eagle

> The Federal Reserve held its benchmark rate at 1.50%-1.75% and announced $425 billion in new liquidity via repo operations, with a pledge to buy short-term Treasuries if financing pressures require it. An analyst argues this points to dollar weakness in the first half of 2020.

- Date: 2019-12-17 · published 2019-12-17T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/55510-gold-price-forecast-gold-to-rise-on-fed-dollar-debasement-gold-eagle
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expanded Fed liquidity and expected dollar weakness would tend to support dollar-priced commodities, though the effect depends on how durable the dollar decline proves.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-09-30 | [US Dollar Forecast: Fed’s easing weighs on the Dollar](https://feedsoft.ai/events/28507-us-dollar-forecast-fed-s-easing-weighs-on-the-dollar.md) | +0.9% | +3.1% |
| DXY | 2023-01-11 | [Gold prices surge on expectations for slower Fed rate rises](https://feedsoft.ai/events/37704-gold-prices-surge-on-expectations-for-slower-fed-rate-rises.md) | -1.0% | -0.1% |
| DXY | 2021-01-04 | [Baht rises on dollar sales due to Fed's fiscal policy](https://feedsoft.ai/events/49404-baht-rises-on-dollar-sales-due-to-fed-s-fiscal-policy.md) | -0.0% | +0.9% |
| DXY | 2018-05-10 | [US Dollar Forecast: Has USD Run Out Of Surprises This Month?](https://feedsoft.ai/events/65213-us-dollar-forecast-has-usd-run-out-of-surprises-this-month.md) | +0.4% | +1.1% |
| DXY | 2023-12-14 | [US Dollar Forecast: EUR/USD Rally Persists Following Fed and ECB](https://feedsoft.ai/events/8303-us-dollar-forecast-eur-usd-rally-persists-following-fed-and-ecb.md) | -1.3% | -1.3% |

## Sources

- gold-eagle.com: https://www.gold-eagle.com/article/gold-price-forecast-gold-to-rise-fed-dollar-debasement

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