# Opinion: What’s driving the rare simultaneous rise in gold and the dollar - MarketWatch

> An opinion piece notes the dollar and gold have risen together, which is unusual, with the Broad Trade-Weighted Dollar Index near 130.69 after an all-time high in September. It attributes the breakdown in the historical inverse relationship to quantitative easing policies.

- Date: 2019-10-04 · published 2019-10-04T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/56489-opinion-what-s-driving-the-rare-simultaneous-rise-in-gold-and-the-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A strong broad dollar makes US commodity exports less competitive, which can weigh on export-linked feed grain demand. The analysis is conceptual and gives no immediate price signal.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-11 | [Why the dollar is back on the rise despite the Fed’s dovish turn - MarketWatch](https://feedsoft.ai/events/60769-why-the-dollar-is-back-on-the-rise-despite-the-fed-s-dovish-turn-marketwatch.md) | +0.4% | +0.4% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2018-08-23 | [Here’s how Jackson Hole could impact the dollar, bonds and emerging markets - MarketWatch](https://feedsoft.ai/events/63695-here-s-how-jackson-hole-could-impact-the-dollar-bonds-and-emerging-markets.md) | -0.0% | -0.1% |
| DXY | 2018-10-01 | [Gold markets: Dollar, the Fed, trade in focus](https://feedsoft.ai/events/62443-gold-markets-dollar-the-fed-trade-in-focus.md) | +0.7% | +1.8% |
| DXY | 2020-03-19 | [A global rush into the US dollar is driving extreme market moves and a temporary shortage](https://feedsoft.ai/events/6274-a-global-rush-into-the-us-dollar-is-driving-extreme-market-moves-and-a.md) | +0.5% | -0.9% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/whats-driving-the-rare-simultaneous-rise-in-gold-and-the-dollar-2019-10-04

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