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Iron ore, gold and copper all gained, with iron ore supported by ongoing supply issues. Metals were also lifted by a weaker U.S. dollar after President Trump signaled lower interest rates.
This is routine metals price commentary with no direct link to feed or grain supply and demand. The weaker dollar is a mild positive for dollar-priced agricultural commodities.
miningnews.netMichael QuinnApr 8, 2019Not 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.
