# Gold slips below $4,000 as hawkish Fed bets keep bullion under pressure

> Spot gold fell 0.4% to $3,973.13 an ounce on Thursday, extending the previous session's losses. Persistent inflation and hawkish Federal Reserve commentary pushed markets to fully price in a December 25-basis-point rate increase, with some investors considering 50 basis points. The US dollar index edged up 0.1% to 102.98.

- Date: 2026-11-12 · published 2026-11-12T06:13:18.635Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/95033-gold-slips-below-4-000-as-hawkish-fed-bets-keep-bullion-under-pressure
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher rate expectations and a stronger dollar raise the cost of dollar-priced commodities for importers and weigh on the broader commodity complex. Gold itself is not a feed input, so the direct effect on feed prices is limited.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-04-25 | [Fed’s hawkish stance keeps commodity markets under pressure](https://feedsoft.ai/events/41759-fed-s-hawkish-stance-keeps-commodity-markets-under-pressure.md) | +1.2% | +1.1% |
| DXY | 2017-01-19 | [Gold under pressure as Fed's Yellen backs gradual rate hikes \| Reuters](https://feedsoft.ai/events/72903-gold-under-pressure-as-fed-s-yellen-backs-gradual-rate-hikes-reuters.md) | -0.4% | -1.5% |
| DXY | 2026-08-28 | [Canadian dollar slips as trade tensions, Fed outlook keep loonie under pressure By Investing.com](https://feedsoft.ai/events/18124-canadian-dollar-slips-as-trade-tensions-fed-outlook-keep-loonie-under-pressure.md) | -0.2% | +1.7% |
| DXY | 2022-11-03 | [Gold dips as hawkish U.S. Fed lifts dollar, yields](https://feedsoft.ai/events/38593-gold-dips-as-hawkish-u-s-fed-lifts-dollar-yields.md) | -1.0% | -4.2% |
| DXY | 2022-12-15 | [Dollar gains after hawkish Fed, pound under pressure from dovish BOE - The Business Times](https://feedsoft.ai/events/38479-dollar-gains-after-hawkish-fed-pound-under-pressure-from-dovish-boe-the.md) | +0.4% | -2.2% |

## Sources

- ng.investing.com: https://ng.investing.com/news/commodities-news/gold-clings-below-4000-as-inflation-fears-fuel-bets-on-bigger-fed-hikes-2801497

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