# Commodity prices down last week amid US dollar’s pressure

> Commodity prices fell during the week as concerns grew that the Fed might delay rate cuts, and the dollar index hit a one-year high. Gold had its fastest weekly decline since mid-June 2021, with silver, platinum and palladium also lower.

- Date: 2024-11-18 · published 2024-11-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27336-commodity-prices-down-last-week-amid-us-dollar-s-pressure
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar pressures dollar-priced commodities, and the weekly sell-off across metals and energy signals broad downside pressure on dollar-denominated markets.

## Read by commodity

- DXY: bullish ▲

## Sources

- aa.com.tr: https://www.aa.com.tr/en/economy/commodity-prices-down-last-week-amid-us-dollar-s-pressure/3396765

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.