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Spot gold fell 0.1% to $1,780 per ounce as the dollar firmed ahead of US Q1 GDP data. Biden also unveiled a $1.8 trillion spending plan the same day.
Gold moves here reflect currency and rate expectations rather than feed supply, so the link to feed grain prices is limited.
cnbcafrica.comReutersApr 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.
