# USD price plummets, drops to a week's bottom; Gold price suddenly increases sharply

> On March 30, 2022 the US Dollar Index fell to a one-week low near 97.88 as US 10-year yields retreated from near three-year highs. Gold rose on the weaker dollar, and the decline was partly attributed to hopes for progress in Russia-Ukraine peace talks.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/42563-usd-price-plummets-drops-to-a-week-s-bottom-gold-price-suddenly-increases
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar and lower yields modestly support dollar-priced commodities, though the effect on feed grain prices is small compared with energy and war-driven supply news.

## Read by commodity

- DXY: bearish ▼

## Sources

- news.laodong.vn: https://news.laodong.vn/tien-te-dau-tu/gia-usd-lao-doc-tut-day-1-tuan-gia-vang-bat-ngo-tang-manh-1028984.ldo

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