Newsig · Seeking Alpha

Gold and silver turn lower after Fed raises rates as expected

Market context: GC=F: Gold is directly mentioned and reacting to the Fed rate decision Bearish in the short term as higher rates raise opportunity cost of holding gold SI=F: Silver is directly mentioned and tends to follow gold's reaction to monetary policy Bearish as higher rates strengthen the dollar and pressure precious metals SPY: Major equity index sensitive to Fed rate decisions Neutral to mildly bearish near-term on rate hike, but 'as expected' limits surprise DXY: Dollar strengthens when Fed raises rates relative to expectations Bullish as rate hike supports dollar yields

Why it matters

GC=F (Gold Futures) · Why linked: Gold is directly mentioned and reacting to the Fed rate decision Market context: Bearish in the short term as higher rates raise opportunity cost of holding gold

SI=F (Silver Futures) · Why linked: Silver is directly mentioned and tends to follow gold's reaction to monetary policy Market context: Bearish as higher rates strengthen the dollar and pressure precious metals

SPY (SPDR S&P 500 ETF) · Why linked: Major equity index sensitive to Fed rate decisions Market context: Neutral to mildly bearish near-term on rate hike, but 'as expected' limits surprise

DXY (US Dollar Index) · Why linked: Dollar strengthens when Fed raises rates relative to expectations Market context: Bullish as rate hike supports dollar yields

How SPY usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
SPY10+0.67%70%

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How the reaction data is measured · Editorial policy