# Strong Dollar, Rate Hike Bets Weigh on Gold This Year, But Commodity Strategists Bullish Long Term

> Gold and the broader S&P GSCI Precious Metals Index are down year to date as the dollar strengthens on rate-hike expectations. Commodity strategists remain bullish on gold over the long term despite the near-term pressure.

- Date: 2026-11-13 · published 2026-11-14T06:11:43.889Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/99051-strong-dollar-rate-hike-bets-weigh-on-gold-this-year-but-commodity-strategists
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and higher rate expectations make dollar-priced commodities more expensive for foreign buyers and raise carrying costs, which weighs on commodity prices broadly, including feed-linked markets.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-18 | [China's yuan weakens to one-week low on strong dollar, Fed hike bets weigh - Markets - Business Recorder](https://feedsoft.ai/events/8413-china-s-yuan-weakens-to-one-week-low-on-strong-dollar-fed-hike-bets-weigh.md) | +1.4% | +1.0% |
| 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 | 2026-06-17 | [Dollar jumps as Fed holds rates but projects one hike later this year \| Reuters](https://feedsoft.ai/events/11988-dollar-jumps-as-fed-holds-rates-but-projects-one-hike-later-this-year-reuters.md) | +1.8% | +0.9% |
| DXY | 2016-12-29 | [Stay both commodity and dollar bullish in 2017 – Goldman Sachs — Octa](https://feedsoft.ai/events/73389-stay-both-commodity-and-dollar-bullish-in-2017-goldman-sachs-octa.md) | -1.0% | -2.1% |
| 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% |

## Sources

- in.marketscreener.com: https://in.marketscreener.com/news/strong-dollar-rate-hike-bets-weigh-on-gold-this-year-but-commodity-strategists-bullish-long-term-ce785eded981f326

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