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Spot gold posted its biggest yearly decline since 2015, trading near $1,822 an ounce. The dollar's strength and expectations of central bank rate hikes in 2022 weighed on the metal.
Gold's weakness reflects expected tighter money and a firmer dollar, a macro backdrop that offers little direct support for feed commodities.
cnbc.comReutersDec 31, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
