# Metals Stocks: Gold Prices Step Higher Ahead Of Fed Meeting, Buoyed By Weaker Buck - Global Financial Market Review

> Gold futures rose modestly ahead of the Fed's December meeting as the dollar weakened. Precious metals had fallen after a stronger-than-expected US jobs report, and Chinese trade data showed exports to the US down 23% year over year in November.

- Date: 2019-12-09 · published 2019-12-09T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/55511-metals-stocks-gold-prices-step-higher-ahead-of-fed-meeting-buoyed-by-weaker
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weak Chinese export data signals slowing demand from a major trading partner, while the softer dollar provides mild support to dollar-priced commodities.

## Sources

- gfmreview.com: https://www.gfmreview.com/markets/metals-stocks-gold-prices-step-higher-ahead-of-fed-meeting-buoyed-by-weaker-buck

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.