# Gold shines on weak dollar, Fed chief's dovish tone on rate hike

> Gold gained on a weaker dollar and the Fed chief's dovish tone on rate hikes. Markets were pricing in rate cuts as concerns grew about a US economic slowdown late in 2019 and into 2020.

- Date: 2019-01-11 · published 2019-01-11T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/61008-gold-shines-on-weak-dollar-fed-chief-s-dovish-tone-on-rate-hike
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and expected rate cuts support dollar-denominated commodities, but the story centers on gold, which has limited feed market impact.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-01 | [Gold climbs on weaker dollar, easing Fed rate hike concerns](https://feedsoft.ai/events/17807-gold-climbs-on-weaker-dollar-easing-fed-rate-hike-concerns.md) | -0.6% | +2.1% |
| DXY | 2019-10-31 | [Gold gains as dollar weakens after Fed's interest rate cut](https://feedsoft.ai/events/56483-gold-gains-as-dollar-weakens-after-fed-s-interest-rate-cut.md) | -0.1% | +0.8% |
| DXY | 2023-11-23 | [Gold up on weaker dollar as investors wait on Fed rate path](https://feedsoft.ai/events/33078-gold-up-on-weaker-dollar-as-investors-wait-on-fed-rate-path.md) | -0.4% | -1.1% |
| DXY | 2018-02-22 | [Mexico peso firms on rate hike bets, weaker U.S. dollar](https://feedsoft.ai/events/66711-mexico-peso-firms-on-rate-hike-bets-weaker-u-s-dollar.md) | +0.5% | -0.1% |
| DXY | 2025-11-25 | [Dollar Tumbles and Gold Rallies on Improved Fed Rate Cut Chances](https://feedsoft.ai/events/21880-dollar-tumbles-and-gold-rallies-on-improved-fed-rate-cut-chances.md) | -0.6% | -1.8% |

## Sources

- zeebiz.com: https://www.zeebiz.com/market-news/news-gold-shines-on-weak-dollar-fed-chiefs-dovish-tone-on-rate-hike-79676

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