# Federal Reserve Cries Uncle As Rates Fall, Commodities Strengthen | Seeking Alpha

> Gold rose 0.6% on the week to about $1,311 an ounce, silver gained 0.5%, platinum rose 1.9%, and palladium hit a record high. The commentary is a weekly market wrap with a bullish view on precious metals.

- Date: 2019-03-23 · published 2019-03-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59995-federal-reserve-cries-uncle-as-rates-fall-commodities-strengthen-seeking-alpha
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Precious metals strength reflects a weaker dollar expectation, but the report has little direct bearing on feed commodity supply or prices.

## Read by commodity

- DXY: bearish ▼

## Sources

- seekingalpha.com: https://seekingalpha.com/article/4250636-federal-reserve-cries-uncle-as-rates-fall-commodities-strengthen

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