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Gold fell to a two-month low as the safe-haven dollar advanced on worries about the economic recovery and stalled US fiscal stimulus. Spot gold traded near $1,862 after touching $1,847.57, and jobless claims unexpectedly rose.
Stalled stimulus and a firmer dollar weigh on broad commodity sentiment and demand expectations. The move is mainly precious metals and has little direct effect on feed ingredients.
cnbc.comReutersSep 24, 2020Not 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.
