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Spot gold fell about 0.4% to $3,643.40 an ounce on September 18 as profit-taking followed a record peak of $3,707.40 the previous session. Traders weighed the Federal Reserve's stance on further rate cuts after its first cut since December.
Gold trades as a macro and dollar asset, so this move mainly signals currency and rate sentiment rather than feed-grain supply. The firmer dollar index makes dollar-priced commodities marginally more expensive for other currency holders.
Not enough comparable past events yet for a historical read.
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.