# Gold holds gains after Federal Reserve says it will leave rates unchanged - The Business Times

> Gold rose on Wednesday after the Federal Reserve kept its target rate at 1-1.25% but signaled it remained on track for a December hike. Spot gold traded about 0.4% higher near US$1,276 an ounce, after breaking above its 100-day moving average.

- Date: 2017-10-27 · published 2017-10-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/67896-gold-holds-gains-after-federal-reserve-says-it-will-leave-rates-unchanged-the
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected US rate increases lift the dollar and raise the opportunity cost of holding gold, which limits bullion gains. For feed markets, a firmer dollar tends to weigh on dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2022-12-15 | [Dollar gains after hawkish Fed, pound under pressure from dovish BOE - The Business Times](https://feedsoft.ai/events/38479-dollar-gains-after-hawkish-fed-pound-under-pressure-from-dovish-boe-the.md) | +0.4% | -2.2% |
| DXY | 2018-08-01 | [Gold pinned lower after Fed announces unchanged interest rates](https://feedsoft.ai/events/63462-gold-pinned-lower-after-fed-announces-unchanged-interest-rates.md) | +0.2% | +0.5% |
| 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% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-gains-after-federal-reserve-says-it-will-leave
- cnbc.com: https://www.cnbc.com/2017/10/26/gold-markets-focus-euro-moves-post-ecb-policy.html

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