# Metals rally as Federal Reserve eases again

> Precious metals rose in October, with silver up 6.65% and gold up 2.77% in US dollar terms. The US dollar index fell more than 2% that month following a 0.25% Fed rate cut and US-China trade tensions.

- Date: 2019-11-06 · published 2019-11-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/55962-metals-rally-as-federal-reserve-eases-again
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and lower rates tend to support dollar-priced commodities broadly. The article covers precious metals and does not directly move feed prices.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-13 | [Yen rallies after Federal Reserve signals rate cuts in 2024 - Nikkei Asia](https://feedsoft.ai/events/8716-yen-rallies-after-federal-reserve-signals-rate-cuts-in-2024-nikkei-asia.md) | -1.0% | -0.7% |
| DXY | 2019-06-20 | [Dollar falls to 2-week low after Federal Reserve meeting](https://feedsoft.ai/events/7438-dollar-falls-to-2-week-low-after-federal-reserve-meeting.md) | -1.1% | -0.8% |
| DXY | 2023-02-01 | [Federal Reserve raises key interest rate 0.25%, signals more hikes likely](https://feedsoft.ai/events/37236-federal-reserve-raises-key-interest-rate-0-25-signals-more-hikes-likely.md) | +1.1% | +1.4% |
| DXY | 2020-07-30 | [Forex markets: Dollar, U.S. Federal Reserve in focus](https://feedsoft.ai/events/52297-forex-markets-dollar-u-s-federal-reserve-in-focus.md) | -0.3% | -0.5% |
| DXY | 2024-08-02 | [Euro-Dollar Surges as Odds of Emergency Federal Reserve Rate Cut Grows](https://feedsoft.ai/events/9284-euro-dollar-surges-as-odds-of-emergency-federal-reserve-rate-cut-grows.md) | -0.3% | -1.3% |

## Sources

- perthmint.com: https://www.perthmint.com/news/investor/market-research-and-analysis/metals-rally-as-federal-reserve-eases-again/

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