# Gold falls to 13-month low of $3,850 as Fed rate hike bets rise

> Gold fell to near $3,850 an ounce on Thursday, its lowest level in over 13 months. The decline followed hawkish Fed comments and hotter-than-expected US inflation data, with markets pricing a 100% chance of a December rate hike and the dollar index near 103.

- Date: 2026-11-14 · published 2026-11-14T21:13:45.843Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/99986-gold-falls-to-13-month-low-of-3-850-as-fed-rate-hike-bets-rise
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger dollar and higher rates raise the cost of holding commodities and tighten financial conditions. For feed markets this strengthens the dollar, which tends to pressure US commodity export prices and supports importers' buying power.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 2026-06-24 | [U.S. dollar rises to 13-month high on Fed rate hike views](https://feedsoft.ai/events/11992-u-s-dollar-rises-to-13-month-high-on-fed-rate-hike-views.md) | -0.1% | -0.4% |
| DXY | 2022-01-24 | [Oil falls 2% as Fed rate hike talk spooks risk markets](https://feedsoft.ai/events/43049-oil-falls-2-as-fed-rate-hike-talk-spooks-risk-markets.md) | +1.2% | +0.2% |
| DXY | 2023-05-25 | [Gold hits 2-month low on US debt talks progress, rate hike bets \| Reuters](https://feedsoft.ai/events/35842-gold-hits-2-month-low-on-us-debt-talks-progress-rate-hike-bets-reuters.md) | -0.4% | -1.1% |
| EURUSD | 2016-10-11 | [Dollar climbs to 7-month peak on rate hike bets; pound plunges](https://feedsoft.ai/events/5892-dollar-climbs-to-7-month-peak-on-rate-hike-bets-pound-plunges.md) | -1.4% | -1.1% |
| EURUSD | 2024-04-12 | [Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg](https://feedsoft.ai/events/9969-euro-eur-usd-falls-to-five-month-low-as-ecb-fed-divergence-looms-large-bloomberg.md) | -0.6% | +0.5% |
| EURUSD | 2023-08-31 | [ForexLive European FX news wrap: Euro falls as ECB rate hike bets abate](https://feedsoft.ai/events/34810-forexlive-european-fx-news-wrap-euro-falls-as-ecb-rate-hike-bets-abate.md) | -2.0% | -3.2% |

## Sources

- 60arabia.com: https://60arabia.com/en/news/r9GDAULLthzavX7xX0dV/gold-falls-to-13-month-low-of-3-850-as-fed-rate-hike-bets-rise

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