# Gold and Other Metals Decline on 'Surprise' U.S. Data

> Gold and other metals fell after U.S. producer prices and jobless claims came in stronger than expected. Analysts said the data pushed back expectations of a Fed rate cut.

- Date: 2019-04-11 · published 2019-04-11T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/59523-gold-and-other-metals-decline-on-and-039-surprise-and-039-u-s-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger U.S. economic data and a firmer outlook for rates tend to support the dollar and weigh on dollar-priced commodities. The direct effect on feed markets is small.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Gold rises on weaker U.S. dollar, soft inflation data](https://feedsoft.ai/events/18260-gold-rises-on-weaker-u-s-dollar-soft-inflation-data.md) | -1.2% | -1.9% |
| DXY | 2026-05-28 | [Gold prices pare losses after U.S. inflation data](https://feedsoft.ai/events/19167-gold-prices-pare-losses-after-u-s-inflation-data.md) | +0.2% | +1.6% |
| DXY | 2018-03-15 | [Metals Update: Asia Demand, U.S. Growth and U.S. CPI/PPI Leads to Reflation](https://feedsoft.ai/events/65907-metals-update-asia-demand-u-s-growth-and-u-s-cpi-ppi-leads-to-reflation.md) | +0.1% | -0.5% |
| DXY | 2019-02-28 | [Pound-to-Dollar Rate Retreats on U.S. GDP Growth Surprise](https://feedsoft.ai/events/60858-pound-to-dollar-rate-retreats-on-u-s-gdp-growth-surprise.md) | +0.8% | +1.0% |
| DXY | 2023-02-02 | [USD falls on Fed slowing inflation comments, gold and base metals boosted \| IG International](https://feedsoft.ai/events/37235-usd-falls-on-fed-slowing-inflation-comments-gold-and-base-metals-boosted-ig.md) | +1.3% | +2.1% |

## Sources

- fullertreacymoney.com: https://www.fullertreacymoney.com/general/post19224/

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