Loading…
Gold futures fell about 0.6% to $1,270.20 an ounce as the dollar index edged higher. The move followed mixed Chinese manufacturing data and stronger U.S. Chicago PMI and consumer confidence readings ahead of the Fed meeting.
A firmer dollar and stronger U.S. data point to a generally supportive dollar backdrop, which modestly weighs on dollar-priced commodities. The effect on feed prices is small.
Not 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.