# Gold is moving with rates | Post by Adam Perlaky | Gold Focus blog | World Gold Council

> Gold fell below US$1,785 an ounce on February 24 as the US 10-year yield rose above 1.42% after Powell's testimony, then recovered as yields eased. The article notes that US 10-year yields have risen from about 1% in late January to near 1.4%.

- Date: 2021-02-01 · published 2021-02-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/48545-gold-is-moving-with-rates-post-by-adam-perlaky-gold-focus-blog-world-gold
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising real rates raise the opportunity cost of holding non-yielding assets, a pattern that signals how rate moves transmit to commodity prices more broadly.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | -1.5% | -1.3% |
| DXY | 2019-09-18 | [Fed cuts interest rates again, gives mixed signals on next move \| Financial Post](https://feedsoft.ai/events/56974-fed-cuts-interest-rates-again-gives-mixed-signals-on-next-move-financial-post.md) | +0.2% | -0.3% |
| DXY | 2019-02-20 | [How Long Will Fed’s Rate Pause Last? Minutes Could Yield Clues](https://feedsoft.ai/events/60506-how-long-will-fed-s-rate-pause-last-minutes-could-yield-clues.md) | -0.5% | -0.4% |
| DXY | 2016-11-03 | [Trump worries hit dollar; pound boosted by Brexit court ruling](https://feedsoft.ai/events/74075-trump-worries-hit-dollar-pound-boosted-by-brexit-court-ruling.md) | +0.7% | +3.0% |
| DXY | 2021-10-13 | [S.Korea's won and Philippine peso rise, U.S. inflation in focus \| Financial Post](https://feedsoft.ai/events/44799-s-korea-s-won-and-philippine-peso-rise-u-s-inflation-in-focus-financial-post.md) | -1.0% | -0.9% |

## Sources

- gold.org: https://www.gold.org/goldhub/gold-focus/2021/02/gold-moving-rates

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