Why Gold and the US Dollar Usually Move in Opposite Directions
Gold is priced in dollars, so a weaker dollar often lifts it and a stronger one weighs on it. How the link works and when gold and the dollar rise together.
CFD education by market group.
Gold is priced in dollars, so a weaker dollar often lifts it and a stronger one weighs on it. How the link works and when gold and the dollar rise together.
Gold pays no interest, so higher inflation-adjusted yields raise the cost of holding it. How the link works, why it held for decades and why it weakened.
Wars, sanctions and shipping threats can cut oil supply and add risk premiums, while gold draws haven demand. How each reacts, with 1973, 2022 and 2026 cases.
Compare crude stock changes with expectations, then read gasoline and distillate stocks, Cushing, refinery use and exports: reading the weekly EIA report.
Most commodities are priced in dollars, so a stronger dollar often weighs on prices and a weaker one helps. How the link works and when supply shocks win.
The 3-2-1 crack spread estimates refining margins: two barrels of gasoline plus one of diesel minus three of crude, divided by three. Example: $32 a barrel.
Six commodity roll mistakes analyzed like engineering failures, rated for severity and detection: unknown roll dates, misread jumps, stops, contango, expiry.
Contango is when later futures prices sit above near ones; backwardation is the reverse. What causes each, what they signal and how they affect positions.
A commodity supercycle is a decade-plus rise in prices driven by structural demand that supply takes years to meet. Past examples and the 2020s debate.
Check the underlying, contract size, tick value, trading hours, margin, expiry and roll dates and costs: a step-by-step guide to commodity contract specs.
Commodity CFDs track oil, gold, silver, gas and crops, usually via futures. How they are priced, margin limits, contract rolls and the lessons of oil in 2020.
At a futures roll, a commodity CFD's price jumps by the gap between contracts and providers offset it in cash. A worked example on 100 barrels of oil.