# Fed, Equities Block Gold’s Safe Haven Path; Arabica Remains On The Ropes | Investing.com AU

> Gold hit a one-year low of $1,226.90 on July 17 as a hawkish Fed and rallying US stocks strengthened the dollar. Arabica coffee also weakened on Brazilian oversupply worries, and WTI traded near $67 with Brent under $72 amid Iran sanction-waiver reversal.

- Date: 2018-07-18 · published 2018-07-18T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/63948-fed-equities-block-gold-s-safe-haven-path-arabica-remains-on-the-ropes
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and weaker crude reduce commodity prices and ethanol and energy-linked input costs, while Brazilian supply signals point to lower soft commodity prices.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- au.investing.com: https://au.investing.com/analysis/fed-equities-block-golds-safe-haven-path-arabica-remains-on-the-ropes-200198323

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