# Gold: Showing Strength Despite Rate-Hike Signals

> CME analysis notes gold rallied nearly $100 from its December low of around $1,240 an ounce even as Fed funds futures priced in higher rates. The correlation between gold and rate expectations has weakened recently.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/66406-gold-showing-strength-despite-rate-hike-signals
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Gold's rally despite rate hikes was driven mainly by dollar weakness, a macro dynamic with little direct bearing on feed markets.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-29 | [Gold trims gain as Fed holds rates, signals hike support](https://feedsoft.ai/events/18264-gold-trims-gain-as-fed-holds-rates-signals-hike-support.md) | -0.9% | -2.0% |
| DXY | 2023-12-13 | [Gold climbs over 1% after Fed signals end of rate hikes \| Reuters](https://feedsoft.ai/events/32470-gold-climbs-over-1-after-fed-signals-end-of-rate-hikes-reuters.md) | -1.0% | -0.7% |
| DXY | 2025-09-30 | [Aussie dollar strengthens as RBA holds rates and signals cautious easing path - OFX](https://feedsoft.ai/events/23136-aussie-dollar-strengthens-as-rba-holds-rates-and-signals-cautious-easing-path.md) | +0.1% | +0.4% |
| DXY | 2025-03-20 | [Gold Hits Record High As Fed Signals Rate Cuts Amid Economic Tensions](https://feedsoft.ai/events/25478-gold-hits-record-high-as-fed-signals-rate-cuts-amid-economic-tensions.md) | +0.3% | -2.0% |
| DXY | 2023-12-13 | [Dollar drops as Fed signals coming rate cuts](https://feedsoft.ai/events/8296-dollar-drops-as-fed-signals-coming-rate-cuts.md) | -1.0% | -0.7% |

## Sources

- cmegroup.com: https://www.cmegroup.com/education/featured-reports/gold-showing-strength-despite-rate-hike-signals

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