# Gold pinned lower after Fed announces unchanged interest rates

> Gold hovered near one-year lows after the Fed held rates at 1.75% to 2%, with markets expecting two more hikes this year. A stronger dollar kept pressure on bullion.

- Date: 2018-08-01 · published 2018-08-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/63462-gold-pinned-lower-after-fed-announces-unchanged-interest-rates
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rate-hike expectations and a firmer dollar weigh on dollar-priced commodities, though gold is not a feed input.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-13 | [Gold erases gains after Fed hikes interest rates](https://feedsoft.ai/events/64440-gold-erases-gains-after-fed-hikes-interest-rates.md) | +1.3% | +0.6% |
| DXY | 2025-07-30 | [Dollar gains against peers after Fed leaves rates unchanged](https://feedsoft.ai/events/23952-dollar-gains-against-peers-after-fed-leaves-rates-unchanged.md) | -0.0% | -0.4% |
| DXY | 2026-03-20 | [US dollar rises after Federal Reserve leaves interest rates unchanged, while gold prices slip \| The Straits Times](https://feedsoft.ai/events/20070-us-dollar-rises-after-federal-reserve-leaves-interest-rates-unchanged-while.md) | +0.2% | -1.5% |
| DXY | 2017-12-13 | [Fed raises interest rates, keeps 2018 policy outlook unchanged](https://feedsoft.ai/events/67389-fed-raises-interest-rates-keeps-2018-policy-outlook-unchanged.md) | -0.4% | -1.8% |
| DXY | 2026-04-29 | [Dollar gains after Fed keeps rates unchanged and yen weakens past 160](https://feedsoft.ai/events/19915-dollar-gains-after-fed-keeps-rates-unchanged-and-yen-weakens-past-160.md) | -0.1% | +0.3% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/08/01/gold-markets-fed-statement-in-focus.html

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