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Spot gold rose 0.3% to $1,759.31 per ounce as inflation fears and a global energy crunch boosted safe-haven demand. A rising dollar limited gains, and analysts noted expectations of Fed asset purchase reductions.
Gold moves reflect inflation and dollar sentiment, which feed into broader commodity pricing but have limited direct effect on feed grain supply.
cnbc.comReutersNov 1, 2021Not 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.
