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The US Federal Reserve cut rates as expected, and Treasury yields had been falling since July. Despite the cuts, the US dollar strengthened over several months while gold and other risk assets kept rising.
Lower rates usually support gold and other real assets, but a firmer dollar offsets part of that effect for dollar-priced commodities. The analysis is general and gives no direct feed-market signal.
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.