
Gold fell to a one-year low near $3,876 after third-quarter US GDP grew 3.4% and core PCE inflation held at 3.1%. The dollar and real yields eased over the same days, but GLD holders sold anyway.
Strong growth and sticky inflation keep the Fed on course to hike, which pressures gold through rate-hike fears rather than dollar strength. Energy and consumer price pressures also feed into broader commodity costs.
After 47 past bearish report events, US Dollar (Broad) moved a median -0.2% over 5 sessions (34% higher; middle half -0.8% to +0.2%), and -0.7% over 20.
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.