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Commodities closed with small gains on Friday as the U.S. dollar weakened after Powell's speech. Gold rose to its highest close in three weeks, and copper also gained.
A weaker dollar makes dollar-priced commodities cheaper for foreign buyers, giving modest support to commodity prices broadly.
sharecafe.com.auGlenn DyerAug 26, 2018Not 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.
