# Gold markets: Dollar, the Fed, trade in focus

> Gold slipped as the dollar firmed after the Federal Reserve raised rates and signaled four more increases by end-2019 plus one in 2020. Spot gold fell 0.3% to $1,188.41, near its lowest since mid-August.

- Date: 2018-10-01 · published 2018-10-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/62443-gold-markets-dollar-the-fed-trade-in-focus
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and higher real yields raise the opportunity cost of holding non-yielding bullion, weighing on gold prices. For feed buyers this is macro noise with little direct effect on feed grain or protein prices, though a firmer dollar can pressure dollar-priced grains.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2018-11-12 | [Forex market: Fed, Brexit and dollar in focus](https://feedsoft.ai/events/62251-forex-market-fed-brexit-and-dollar-in-focus.md) | -0.4% | -0.2% |
| DXY | 2024-03-19 | [Gold loses footing as US dollar rises; Fed in focus](https://feedsoft.ai/events/31101-gold-loses-footing-as-us-dollar-rises-fed-in-focus.md) | +0.4% | +1.5% |
| DXY | 2020-09-23 | [Gold and Silver Hit by Hawkish Fed Boost to Dollar - Markets Insider](https://feedsoft.ai/events/51033-gold-and-silver-hit-by-hawkish-fed-boost-to-dollar-markets-insider.md) | +0.8% | -1.4% |
| DXY | 2017-10-30 | [Why breakouts in the dollar, Treasurys matter for the broader market](https://feedsoft.ai/events/68656-why-breakouts-in-the-dollar-treasurys-matter-for-the-broader-market.md) | -0.2% | -1.6% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/10/01/gold-markets-dollar-the-fed-trade-in-focus.html

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