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Why does the rise of the US dollar exchange rate lead to the decline of commodity futures prices and the decline of gold prices?
Worldwide, commodity futures and gold are denominated in dollars.

If the dollar rises, the purchasing power of the corresponding dollar will increase, and commodity prices will fall.

The two are inversely proportional.

For example, you spent 10 on an apple, and the next day, the dollar depreciated, which means that what was originally 12 now costs 12. So, if you haven't eaten this apple, the price the next day will be 12 USD, and if the USD appreciates the next day, it will be 65438+ USD.

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