--- title: "U.S. Dollar Performance" site: "Monex Precious Metals" domain: "https://www.monex.com/" type: "Post Category" featured_image: "https://www.monex.com/wp-content/uploads/dollar.jpg.webp" last_updated: "June 16, 2026" canonical_url: "https://www.monex.com/category/dollar/" markdown_url: "https://www.monex.com/category/dollar.md" --- # U.S. Dollar Performance ![](https://www.monex.com/wp-content/uploads/Artwork-269-2.png.webp) One of the most popular inverse relationships that exists is that of the U.S. Dollar value and precious metals prices. As U.S. dollar devaluation occurs, the prices of dollar denominated precious metals can go up. This simple, yet valuable, piece of information is often the driving factor of making investors look to the metals in times when U.S. Dollar rates are lower. Read on about U.S. dollar performance news and more in the following articles. ## Posts ### [Why is the gold price falling despite Iran war uncertainty?](https://www.monex.com/why-is-the-gold-price-falling-despite-iran-war-uncertainty/) March 23, 2026 · From Valerio Baselli in 3/23 Morningstar.com “When missiles began flying over Iran on Feb. 28, markets’ reaction followed a familiar playbook: Oil prices spiked, equities fell, and investors rushed, at least initially, into safe havens. Gold, the oldest refuge of all, surged above USD 5,400 per ounce within days. And then, despite the war dragging on with unmitigated fury, the gold more... [Read More](https://www.monex.com/why-is-the-gold-price-falling-despite-iran-war-uncertainty/) ### [Is gold set to extend record-breaking run on global anxieties?](https://www.monex.com/is-gold-set-to-extend-record-breaking-run-on-global-anxieties/) October 8, 2025 · From Polina Devitt in 10/8 Reuters.com “Anxieties over global geopolitical and economic risks are the biggest drivers pushing gold’s 54% surge this year to a record over $4,000 an ounce, with analysts seeing little to halt the rally. The precious metal has climbed twofold over the last two years as investors have sought safety amid risks fuelled by President Donald Trump’s more... [Read More](https://www.monex.com/is-gold-set-to-extend-record-breaking-run-on-global-anxieties/) ### [How are pending Fed cuts affecting the dollar?](https://www.monex.com/how-are-pending-fed-cuts-affecting-the-dollar/) August 4, 2025 · From Samuel Indyk and Gertrude Chavez-Dreyfuss in 8/4 Reuters.com “The U.S. dollar modestly recovered on Monday after a trio of market-moving events on Friday that highlighted the fragility of the greenback: a dismal U.S. jobs report, the resignation of a Federal Reserve Governor, and President Donald Trump’s firing of a top statistics official. Those developments battered the currency and prompted investors to ramp up more... [Read More](https://www.monex.com/how-are-pending-fed-cuts-affecting-the-dollar/) ### [​What recent developments have highlighted the intricate relationship between the U.S. dollar and gold?](https://www.monex.com/what-recent-developments-have-highlighted-the-intricate-relationship-between-the-u-s-dollar-and-gold/) April 1, 2025 · From Anjana Anil and Anushree Ashish Mukherjee in 3/31 Reuters.com “Gold prices soared to record levels above $3,100 per ounce in a rally marking one of the most significant upswings in the precious metal’s history, with psychological levels swept aside by a cocktail of factors – including worry about fallout from impending U.S. tariffs. Spot gold hit a record of $3,128.06 per ounce on Monday. more... [Read More](https://www.monex.com/what-recent-developments-have-highlighted-the-intricate-relationship-between-the-u-s-dollar-and-gold/) ### [Did the dollar slump after WSJ report?](https://www.monex.com/did-the-dollar-slump-after-wsj-report/) January 20, 2025 · From Peter Nurse in 1/20 investing.com “The US dollar slumped Monday following a report that indicated that President-elect Donald Trump was set to delay imposing trade tariffs immediately upon his inauguration, an expectation which had boosted the US currency following his November election victory. At 09:20 ET (14:20 GMT), the Dollar Index, which tracks the greenback against a basket of six more... [Read More](https://www.monex.com/did-the-dollar-slump-after-wsj-report/) ### [Is gold’s decline due to the strengthened dollar?](https://www.monex.com/is-golds-decline-due-to-the-strengthened-dollar/) November 12, 2024 · From Sherin Elizabeth Varghese in 11/11 Reuters.com “Gold prices slipped more than 2% on Monday, weighed down by the greenback’s continued rise and broader implications of Donald Trump’s victory in the U.S. presidential election on fiscal policy and interest rate cuts. Spot gold fell 2.5% to $2,617.96 per ounce, as of 1:54 p.m. ET (1854 GMT). U.S. gold futures settled 2.9% lower more... [Read More](https://www.monex.com/is-golds-decline-due-to-the-strengthened-dollar/) ### [How is the dollar affecting gold?](https://www.monex.com/how-is-the-dollar-affecting-gold-2/) May 6, 2024 · From CPM Group in 5/3 Precious Metals Advisory “Prices of gold and silver have risen sharply over the past two months. Those gains have come alongside a stronger U.S. dollar and higher interest rate yields, which has surprised some market participants. The reason why gold has risen in this environment becomes clearer when the reason for rising yields and dollar are taken into more... [Read More](https://www.monex.com/how-is-the-dollar-affecting-gold-2/) ### [Are gold prices firming on Fed rate-cut prospects?](https://www.monex.com/are-gold-prices-firming-on-fed-rate-cut-prospects/) December 27, 2023 · From Hissay Ongmu Bhutia in 12/26 Reuters.com “Gold prices rose on Tuesday, helped by a weaker U.S. dollar and lower Treasury yields on expectations that the Federal Reserve will lower interest rates next year. Spot gold XAU= was up 0.4% at $2,062.09 an ounce by 1041 GMT after hitting a more than two-week high of $2,070.39 in the previous session. U.S. gold more... [Read More](https://www.monex.com/are-gold-prices-firming-on-fed-rate-cut-prospects/) ### [Is the dollar still vulnerable after Fed?](https://www.monex.com/is-the-dollar-still-vulnerable-after-fed/) November 6, 2023 · From Samuel Indyk in 11/6 Reuters.com “The U.S. dollar extended its decline on Monday, having fallen last week by the most since July after the Federal Reserve dialed down its hawkish rhetoric and U.S. data showed signs of moderation. The dollar index was hovering around a 6-1/2 week low of 104.84, after falling around 1.4% last week. The euro gained 0.2% more... [Read More](https://www.monex.com/is-the-dollar-still-vulnerable-after-fed/) ### [What’s the outcome of precious metals as the dollar declines?](https://www.monex.com/whats-the-outcome-of-precious-metals-as-the-dollar-declines/) August 23, 2023 · From Monica Kingsley in 8/23 FXStreet.com “Stocks struggled even though yields barely changed yesterday – financials were responsible even though market breadth was a mixed picture. The dollar though turned sharply lower, and keeps a lid on pretty much everything apart from the precious metals (the turn to bullish is here as I told you last week would happen). With the more... [Read More](https://www.monex.com/whats-the-outcome-of-precious-metals-as-the-dollar-declines/)