Loading…
Producers of metals, grains and other raw materials rose as traders bet the Federal Reserve would hold off on rate hikes. Gold futures rose 2.83% to $4,489.40 an ounce, their highest close since May, as the dollar lost ground after the Treasury pledged to increase bond buybacks.
A weaker dollar makes dollar-priced commodities cheaper for foreign buyers, which can support grain and feed ingredient prices, though the gain is mainly in precious metals here.
marketwatch.comAug 19, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% 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.
