# Bouncing Dollar Hurts Gold, Rising Rates Boost Copper

> Commentary notes that rising U.S. interest rates relative to other economies have lifted the dollar, weighing on gold. Copper miners have outperformed gold miners, tracking a three-year high in copper prices.

- Date: 2017-10-20 · published 2017-10-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/68391-bouncing-dollar-hurts-gold-rising-rates-boost-copper
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and rising U.S. yields are the main macro drivers in this piece, and they tend to pressure dollar-priced commodities. The industrial metals strength reflects global growth, which is a separate factor.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-29 | [Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold \| Investing.com](https://feedsoft.ai/events/17391-fed-rate-hike-bets-and-us-bond-rout-bolster-the-dollar-hurt-equities-and-gold.md) | +0.5% | +0.8% |
| DXY | 2025-10-30 | [Yen weakens after BOJ holds rates steady, Fed boosts dollar](https://feedsoft.ai/events/22641-yen-weakens-after-boj-holds-rates-steady-fed-boosts-dollar.md) | +1.1% | +0.4% |
| DXY | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| DXY | 2021-09-23 | [Gold prices ease as dollar firms on Fed rate hike comments \| Financial Post](https://feedsoft.ai/events/44965-gold-prices-ease-as-dollar-firms-on-fed-rate-hike-comments-financial-post.md) | +1.0% | -0.0% |
| DXY | 2025-10-29 | [Powell's comments curb December rate cut bets, boosting dollar \| Reuters](https://feedsoft.ai/events/22318-powell-s-comments-curb-december-rate-cut-bets-boosting-dollar-reuters.md) | +1.0% | +0.5% |

## Sources

- articles.stockcharts.com: https://articles.stockcharts.com/article/articles-chartwatchers-2017-10-bouncing-dollar-hurts-gold-rising-rates-boost-copper/

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