# Gold falls below $4,000 as traders weigh a half-point Fed rate hike

> Gold fell to a fresh yearly low as markets fully priced in a December Fed rate hike after core CPI rose 0.3% against a 0.2% forecast. The Dollar Index reached about 103.10, its highest since April 2025, and US equities also slid.

- Date: 2026-11-12 · published 2026-11-13T06:13:29.424Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/97259-gold-falls-below-4-000-as-traders-weigh-a-half-point-fed-rate-hike
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of tighter US policy are lifting the dollar, which weighs on US agricultural export competitiveness and can pressure grain and oilseed prices. Higher rates also raise the cost of carrying feed inventories.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-11-18 | [Gold falls on Fed rate hike prospects, on track for weekly dip \| Reuters](https://feedsoft.ai/events/38592-gold-falls-on-fed-rate-hike-prospects-on-track-for-weekly-dip-reuters.md) | -0.5% | -1.1% |
| DXY | 2026-06-17 | [Gold drops below $4,300/oz as Fed votes 12-0 in favor of rate hold, but nearly half of policymakers see a rate hike in 2026  \| Kitco News](https://feedsoft.ai/events/18715-gold-drops-below-4-300-oz-as-fed-votes-12-0-in-favor-of-rate-hold-but-nearly.md) | +1.8% | +0.9% |
| 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 | 2018-09-26 | [Gold prices fall following Fed rate hike](https://feedsoft.ai/events/62952-gold-prices-fall-following-fed-rate-hike.md) | +0.2% | +1.5% |
| 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

- fxstreet.com: https://www.fxstreet.com/news/gold-falls-below-4-000-as-traders-weigh-a-half-point-fed-rate-hike-202611121051

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