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The article describes how gold rose from about $2,000 to above $4,000 between 2023 and 2025 despite high U.S. interest rates, as central-bank and Asian buying outweighed Western ETF selling. It says gold has fallen back toward $4,000 this year as the Federal Reserve resumed raising rates, arguing that marginal buyers and sellers explain the changing relationship.
Higher interest rates can strengthen the dollar and increase financing costs, potentially raising the cost of dollar-priced feed inputs for importers. The article focuses on gold and monetary-market dynamics, without identifying a direct feed-commodity supply or demand change.
investing.comEdward WuNov 9, 2026After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
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.
