# Gold / Silver / Copper futures - weekly outlook: July 31 - August 4 By Investing.com

> Gold rose to one-and-a-half-month highs on July 28 after softer inflation data reduced expectations of another US rate hike this year. The dollar index closed at 93.20, its lowest since June 2016, and North Korea's ballistic missile launch added safe-haven demand.

- Date: 2017-07-30 · published 2017-07-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69900-gold-silver-copper-futures-weekly-outlook-july-31-august-4-by-investing-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and reduced rate-hike expectations support dollar-denominated commodities. The safe-haven bid reflects geopolitical tension rather than a direct change in feed supply.

## Read by commodity

- DXY: bearish ▼

## Sources

- investing.com: https://www.investing.com/news/commodities-news/gold---silver---copper-futures---weekly-outlook:-july-31---august-4-512049

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