# BNP Paribas: The outlook for gold as Fed rates fall | World Gold Council

> BNP Paribas analyst Harry Tchilinguirian expects gold to keep benefiting as the Fed cuts rates and economic uncertainty persists. He notes trade tensions and falling sentiment drove safe-haven demand this year.

- Date: 2019-10-08 · published 2019-10-08T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/56490-bnp-paribas-the-outlook-for-gold-as-fed-rates-fall-world-gold-council
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Falling real rates and safe-haven demand support gold, but this outlook has no direct bearing on feed commodity supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-10-01 | [Gold set for monthly fall on Fed rate outlook](https://feedsoft.ai/events/34011-gold-set-for-monthly-fall-on-fed-rate-outlook.md) | +0.9% | +0.9% |
| DXY | 2019-07-31 | [Gold falls as Fed rate outlook disappoints](https://feedsoft.ai/events/58013-gold-falls-as-fed-rate-outlook-disappoints.md) | +0.9% | +1.8% |
| DXY | 2020-03-04 | [The Fed cuts rates, increasing gold’s allure \| Post by Juan Carlos Artigas \| Insights \| World Gold Council](https://feedsoft.ai/events/54049-the-fed-cuts-rates-increasing-gold-s-allure-post-by-juan-carlos-artigas.md) | +1.2% | +5.2% |
| 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 | 2017-12-13 | [Gold jumps 1% as dollar slips on Fed rate outlook - The Business Times](https://feedsoft.ai/events/67390-gold-jumps-1-as-dollar-slips-on-fed-rate-outlook-the-business-times.md) | -0.4% | -1.8% |

## Sources

- gold.org: https://www.gold.org/goldhub/research/gold-investor/bnp-paribas-outlook-gold-fed-rates-fall

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