# Gold marks yearly dip as central banks seek to wean economy off stimulus

> 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.

- Date: 2021-12-31 · published 2021-12-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43491-gold-marks-yearly-dip-as-central-banks-seek-to-wean-economy-off-stimulus
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Gold's weakness reflects expected tighter money and a firmer dollar, a macro backdrop that offers little direct support for feed commodities.

## Sources

- cnbc.com: https://www.cnbc.com/2021/12/31/gold-markets-us-treasury-yields.html

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