# Gold expected to be contained by interest rates and strong dollar

> Gold has fallen to about $1,770 an ounce from a March high of $2,069.89 as the Fed and other central banks raised rates. Real US 10-year yields turned positive and the dollar reached 20-year highs.

- Date: 2022-09-01 · published 2022-09-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39942-gold-expected-to-be-contained-by-interest-rates-and-strong-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher real yields and a strong dollar keep gold under pressure, which has little direct bearing on feed-grain prices.

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/gold-expected-be-contained-by-interest-rates-strong-dollar-2022-08-03/

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