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A weekly SWOT commentary covering precious metals notes gold near an eight-week low after Boston Fed president Rosengren warned of overheating and called for three more hikes this year. It also cites strong gold demand in India and China and a BMI cut to its 2017 gold forecast.
The article is about precious metals rather than feed commodities, so its effect on feed buyers is limited to general dollar and rate sentiment.
news.goldseek.comMay 15, 2017Not 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.
