# Gold Slips, Treasury Yields Near 5% as Traders Brace for a Fed Rate Hike Instead of a Cut

> Gold fell nearly 0.5% to $3,928.06 an ounce as the 10-year Treasury yield climbed to 4.97%. Futures markets priced roughly an 85% chance of a quarter-point Fed rate increase at the December 9 meeting, after the Fed held rates at 3.75% to 4% with two governors voting for a hike.

- Date: 2026-11-04 · published 2026-11-04T15:13:27.599Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/79992-gold-slips-treasury-yields-near-5-as-traders-brace-for-a-fed-rate-hike-instead
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A tighter Fed and a stronger dollar raise the cost of holding commodities and tend to weigh on dollar-priced grain and oilseed markets, while reinforcing pressure on emerging-market currencies that import feed.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| DXY | 2022-01-27 | [Stocks shed gains, Treasury yields jump as Fed signals rate hikes could come 'soon'](https://feedsoft.ai/events/43046-stocks-shed-gains-treasury-yields-jump-as-fed-signals-rate-hikes-could-come-soon.md) | +0.1% | +0.7% |
| DXY | 2021-12-14 | [Investors brace for faster Fed taper, rate hikes next year](https://feedsoft.ai/events/43784-investors-brace-for-faster-fed-taper-rate-hikes-next-year.md) | +0.1% | -1.3% |
| DXY | 2016-12-16 | [Dollar near 14-year peak as Fed targets more hikes, Treasury yields jump](https://feedsoft.ai/events/5967-dollar-near-14-year-peak-as-fed-targets-more-hikes-treasury-yields-jump.md) | +0.0% | -1.3% |
| DXY | 2025-01-29 | [Gold dips as dollar, yields climb after Fed stands pat on rates \| Reuters](https://feedsoft.ai/events/26412-gold-dips-as-dollar-yields-climb-after-fed-stands-pat-on-rates-reuters.md) | -0.1% | -0.8% |

## Sources

- ubstandard.com: https://www.ubstandard.com/business/gold-slips-treasury-yields-near-5-as-traders-brace-for-a-fed-rate-hike-instead-of-a-cut

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