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Gold prices eased on Monday after a record rally as U.S. Treasury yields and the dollar gained. Investors awaited a series of U.S. economic data due that week for guidance on the Federal Reserve's rate outlook.
Gold is not a feed commodity, and this is a routine precious metals move driven by rates and the dollar. Limited direct effect on feed price direction.
reuters.comAnjana AnilOct 28, 2024Not 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.
