# A Big Test for Gold | Stansberry Research

> CME FedWatch odds of a December Fed rate hike rose to 87%, up from 30% a month earlier. The commentary also notes that Japan's central bank continues to ease while the Fed tightens.

- Date: 2017-10-10 · published 2017-10-10T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/68394-a-big-test-for-gold-stansberry-research
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising odds of U.S. tightening support the dollar and pressure dollar-priced commodities. The effect is a macro backdrop rather than a direct feed supply shock.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-21 | [Gold retreats on Fed's higher-for-longer stance](https://feedsoft.ai/events/34007-gold-retreats-on-fed-s-higher-for-longer-stance.md) | +1.7% | +2.3% |
| DXY | 2022-12-15 | [Gold broods over Fed's higher-for-longer rate hike stance](https://feedsoft.ai/events/38157-gold-broods-over-fed-s-higher-for-longer-rate-hike-stance.md) | +0.4% | -2.2% |
| DXY | 2019-07-31 | [Gold, Silver Dip as Fed Cuts Rates for First Time Since 2008 \| INN](https://feedsoft.ai/events/58017-gold-silver-dip-as-fed-cuts-rates-for-first-time-since-2008-inn.md) | +0.9% | +1.8% |
| DXY | 2026-06-30 | [Gold heads for biggest monthly decline since 2008 on rate hike fears \| Commodity News - Business Standard](https://feedsoft.ai/events/18711-gold-heads-for-biggest-monthly-decline-since-2008-on-rate-hike-fears-commodity.md) | -0.1% | -0.3% |
| DXY | 2024-11-01 | [Gold eases for sixth session as dollar marches upward](https://feedsoft.ai/events/27759-gold-eases-for-sixth-session-as-dollar-marches-upward.md) | -0.0% | +1.9% |

## Sources

- stansberryresearch.com: https://stansberryresearch.com/stansberry-digest/a-big-test-for-gold

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