# Three drivers setting gold’s tone as December Fed hike bets build, according to Standard Chartered

> Standard Chartered said oil, inflation risks and equity-market moves are shaping gold trading as markets price in a December Federal Reserve rate increase. Gold fell nearly 3% after hot U.S. CPI but remained above $4,000, while the bank maintained its longer-term bullish outlook and price targets.

- Date: 2026-11-11 · published 2026-11-11T06:16:34.358Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/93066-three-drivers-setting-gold-s-tone-as-december-fed-hike-bets-build-according-to
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher rate expectations and a stronger dollar can weigh on dollar-priced commodities, while oil-driven inflation could keep rate pressure elevated. The article does not describe a direct feed-commodity supply or demand shift.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-31 | [Dollar holds near two-week high as bets rise on September Fed rate hike \| Markets News - Business Standard](https://feedsoft.ai/events/18081-dollar-holds-near-two-week-high-as-bets-rise-on-september-fed-rate-hike-markets.md) | -0.6% | +1.6% |
| DXY | 2023-12-01 | [Gold hits record high on bets for March start to Fed rate cuts](https://feedsoft.ai/events/32473-gold-hits-record-high-on-bets-for-march-start-to-fed-rate-cuts.md) | +0.3% | -1.5% |
| DXY | 2019-03-26 | [It's not too soon for a Fed interest rate cut, according to this chart](https://feedsoft.ai/events/59994-it-s-not-too-soon-for-a-fed-interest-rate-cut-according-to-this-chart.md) | +0.5% | +0.3% |
| DXY | 2026-09-29 | [Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold \| Investing.com](https://feedsoft.ai/events/17391-fed-rate-hike-bets-and-us-bond-rout-bolster-the-dollar-hurt-equities-and-gold.md) | +0.5% | +0.8% |
| DXY | 2018-11-10 | [Gold falls to one-month low as Fed affirms rate-hiking stance](https://feedsoft.ai/events/61962-gold-falls-to-one-month-low-as-fed-affirms-rate-hiking-stance.md) | -0.4% | -0.2% |

## Sources

- investinglive.com: https://investinglive.com/commodities/three-drivers-setting-gold-s-tone-as-december-fed-hike-bets-build-according-to-standard-chartered/

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