# Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts

> Gold dropped to a two-week low after the Fed cut rates by 25 basis points but signaled no lengthy easing cycle, lifting the dollar to a two-year high. Spot gold fell to its lowest level since July 17 before paring losses.

- Date: 2019-08-01 · published 2019-08-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/57513-gold-prices-slip-to-two-week-low-as-us-fed-dashes-hopes-of-more-rate-cuts
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes dollar-priced commodities costlier for overseas buyers, which tends to weigh on US export demand for feed ingredients. The move reflects the policy outlook rather than a change in physical supply.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| DXY | 2018-03-01 | [Gold slips to two-month low on US rate expectations](https://feedsoft.ai/events/65903-gold-slips-to-two-month-low-on-us-rate-expectations.md) | -0.1% | -0.8% |
| DXY | 2023-06-14 | [US dollar falls, but off four-week lows, as Fed signals more rate hikes \| Reuters](https://feedsoft.ai/events/35412-us-dollar-falls-but-off-four-week-lows-as-fed-signals-more-rate-hikes-reuters.md) | -0.4% | -1.7% |
| DXY | 2024-06-07 | [Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede](https://feedsoft.ai/events/8477-dollar-rallies-and-gold-sinks-as-fed-rate-cut-hopes-recede.md) | +1.4% | +0.8% |
| DXY | 2018-11-10 | [Gold falls to one-month low as Fed affirms rate-hiking stance](https://feedsoft.ai/events/61962-gold-falls-to-one-month-low-as-fed-affirms-rate-hiking-stance.md) | -0.4% | -0.2% |

## Sources

- zeebiz.com: https://www.zeebiz.com/world/news-gold-prices-slip-to-two-week-low-as-us-fed-dashes-hopes-of-more-rate-cuts-107189

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