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Spot gold fell about 0.7% to around $1,722 per ounce as the dollar rallied to a one-year high. Traders are watching the Fed taper timeline and a possible US government shutdown over the debt ceiling.
Gold moves reflect dollar and rate expectations rather than feed demand, so the direct impact on feed commodities is limited.
cnbc.comReutersSep 29, 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.
