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Gold prices were little changed as rising yields offset dollar weakness ahead of PCE inflation data. A Reuters poll of over 100 economists forecast a 25 bp Fed rate cut at the December 9-10 meeting to support a cooling labor market.
The story reflects expectations for US rate policy and gold price moves, with no direct effect on feed supply or demand. Its impact on agricultural commodities is minimal.
After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% 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.