Gold News: XAUUSD Rebounds as Oil Plunge Pressures Fed Hike Expectations

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Jun 1, 2025Oil falls as higher OPEC+ output expectations weigh on sentiment+6.2%
• Apr 4, 2025Oil falls to near 4-year low amid recession fears, OPEC+ production hikes-10.2%
• Apr 30, 2020Palm oil futures plunge+58.9%
• May 4, 2023Outlook on gold as it hits record high, while USD and oil fall after Fed decision | IG International+5.7%
• Mar 11, 2020Ag Markets Feel Pinch As Oil Prices Plunge - ProAg-21.7%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Jun 1, 2025Oil falls as higher OPEC+ output expectations weigh on sentiment+4.9%
• Apr 21, 2020Brent oil futures plunge as growing glut feeds market panic-17.3%
• Apr 4, 2025Oil falls to near 4-year low amid recession fears, OPEC+ production hikes-9.8%
• Mar 11, 2020Ag Markets Feel Pinch As Oil Prices Plunge - ProAg-22.1%
• Jul 1, 2023Oil drops 1.5% as Fed projects more rate hikes this year+5.2%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Jan 11, 2023Gold prices surge on expectations for slower Fed rate rises-1.0%
• Nov 28, 2025Dollar Finishes Lower and Gold Rallies on Fed Rate Cut Expectations-0.5%
• Aug 29, 2017USD: Guided by the Fed’s expectations - BBH — Octa-0.3%
• Apr 30, 2020Gold rebounds on Fed's rate decision, ECB stimulus hopes | Financial Post+0.7%
• Feb 21, 2024Dollar edges down as Fed meeting minutes meet expectations-0.0%