# Six years of Fed decisions mapped against gold prices

> A visual guide to every FOMC rate move from 2020 through mid-2026 and how gold responded.
- Title: Six years of Fed decisions mapped against gold prices
- Summary: A visual guide to every FOMC rate move from 2020 through mid-2026 and how gold responded. Gold's price movements closely track Federal Reserve rate…
- Keywords: fomc, federal reserve, gold futures, interest rates, rate hikes, rate cuts, monetary policy, gc1, dxy, treasury yields, 2020-2026, business
- Source: TradingView — https://tradingview.com/chart/GC1!/IZRtlL46-FOMC-2020-2026-Gold-with-hike-cut-hold-markers
- Published: 2026-09-15T21:50:49+00:00
- Read time: 1 min
- Topics: fomc, federal reserve, gold futures, interest rates, rate hikes, rate cuts, monetary policy, gc1, dxy, treasury yields, 2020-2026, business
## Tracking 54 Fed meetings
A chart marks every FOMC rate decision from January 2020 through July 2026. Red bubbles show hikes, green shows cuts, gray shows holds.
## Gold mapped with key indicators
The chart plots gold futures alongside the dollar index and Treasury yields. These three indicators together show the full context of Fed policy impact.
## Last hike was July 2023
The Federal Reserve's final rate increase in the tightening cycle came on July 26, 2023. This marked the peak of the hiking campaign.

> Last hike Jul 26 2023
## First cut arrived September 2024
The easing cycle began on September 18, 2024. This was the first rate reduction after more than a year of holding at peak levels.

> first cut of easing cycle Sep 18 2024
## Rates frozen through mid-2026
The Fed is projected to hold rates at 3.50 to 3.75 percent through July 2026. No further cuts or hikes are expected in this window.

> Holds at 3.50, 3.75% through Jul 2026
## Key takeaway

Gold's price movements closely track Federal Reserve rate decisions, with cuts typically supporting higher prices.