# Gold steadies after selloff as central-bank demand offsets Fed rate hike concerns

> Gold prices stabilized after a sharp prior-session decline, supported by central-bank purchases and strong physical demand in Asia. The dollar strengthened as higher-than-expected US inflation and hawkish Fed comments raised concerns about further rate increases.

- Date: 2026-11-11 · published 2026-11-11T18:17:00.220Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/93884-gold-steadies-after-selloff-as-central-bank-demand-offsets-fed-rate-hike
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and higher expected interest rates can weigh on dollar-priced commodities, while resilient demand offers some offset. These currency and rate effects may influence import costs for feed buyers, though the story does not report a direct move in a listed feed commodity.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-02-27 | [Gold slides after Fed's Powell confirms gradual rate hikes](https://feedsoft.ai/events/66405-gold-slides-after-fed-s-powell-confirms-gradual-rate-hikes.md) | +0.1% | -0.1% |
| DXY | 2022-12-15 | [Oil prices slid 2% as dollar firms and central banks hike interest rates](https://feedsoft.ai/events/38152-oil-prices-slid-2-as-dollar-firms-and-central-banks-hike-interest-rates.md) | +0.4% | -2.2% |
| DXY | 2026-06-24 | [Dollar hits 13-month high as rate-hike bets and stock selloff boost demand \| MarketScreener](https://feedsoft.ai/events/19013-dollar-hits-13-month-high-as-rate-hike-bets-and-stock-selloff-boost-demand.md) | -0.1% | -0.4% |
| DXY | 2021-06-16 | [Gold slides over 1% after Fed projects rate hikes into 2023](https://feedsoft.ai/events/46487-gold-slides-over-1-after-fed-projects-rate-hikes-into-2023.md) | +1.4% | +1.4% |
| DXY | 2023-06-22 | [Dollar, yields rise after Powell comments, Bank of England rate hike \| Reuters](https://feedsoft.ai/events/35670-dollar-yields-rise-after-powell-comments-bank-of-england-rate-hike-reuters.md) | +0.5% | -1.0% |

## Sources

- uk.investing.com: https://uk.investing.com/news/commodities-news/gold-steadies-near-4040-after-inflationdriven-selloff-as-fed-hike-bets-rise-4973652

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