# Precious metals decline as Fed rate outlook weighs on markets

> Gold and silver prices fell on the COMEX exchange in New York as the outlook for further Federal Reserve rate increases weighed on markets.

- Date: 2026-11-03 · published 2026-11-03T09:14:31.792Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/77454-precious-metals-decline-as-fed-rate-outlook-weighs-on-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected tighter US monetary policy raises the opportunity cost of holding precious metals and tends to strengthen the dollar, keeping pressure on metal prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-02-27 | [Asian FX, stocks pressured by higher US rates outlook - Markets - Business Recorder](https://feedsoft.ai/events/37599-asian-fx-stocks-pressured-by-higher-us-rates-outlook-markets-business-recorder.md) | -0.7% | -0.9% |
| DXY | 2024-11-21 | [Dollar pulls ahead as markets focus on Trump policies, Fed outlook - Markets - Business Recorder](https://feedsoft.ai/events/27609-dollar-pulls-ahead-as-markets-focus-on-trump-policies-fed-outlook-markets.md) | -0.0% | +1.4% |
| DXY | 2022-04-25 | [Oil Price: Crude Down on China COVID Lockdowns and Fed Rate Outlook - Markets Insider](https://feedsoft.ai/events/42016-oil-price-crude-down-on-china-covid-lockdowns-and-fed-rate-outlook-markets.md) | +1.2% | +1.1% |
| DXY | 2019-07-31 | [Gold falls as Fed rate outlook disappoints](https://feedsoft.ai/events/58013-gold-falls-as-fed-rate-outlook-disappoints.md) | +0.9% | +1.8% |
| DXY | 2025-07-31 | [Fed's reticence on rate cuts forces market to rethink outlook](https://feedsoft.ai/events/23662-fed-s-reticence-on-rate-cuts-forces-market-to-rethink-outlook.md) | -0.7% | -0.6% |

## Sources

- azernews.az: https://www.azernews.az/business/266701.html

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