# Gold ETFs Rise Following Fed Rate Decision | Fox Business

> Gold ETFs such as GLD and GLDM gained after the Fed held rates flat on March 20, as the dollar fell. The UUP dollar fund declined 0.58 percent.

- Date: 2019-03-20 · published 2019-03-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59996-gold-etfs-rise-following-fed-rate-decision-fox-business
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar after the Fed hold supports dollar-priced commodities, though this report focuses on gold funds rather than feed markets.

## Read by commodity

- DXY: bearish ▼

## Sources

- foxbusiness.com: https://www.foxbusiness.com/markets/gold-etfs-rise-following-fed-rate-decision

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