Silver fell below $50 an ounce on rate fears and a technology-share sell-off that pushed investors into government bonds, not on any change in silver's supply or demand. The Federal Reserve held rates, two members voted for a hike, and PCE inflation at 3.6% kept a December rise in play.
Higher rate expectations and a firmer dollar weigh on precious and broader commodity prices, a mild headwind for feed-linked markets that move with macro sentiment. No direct feed-grain supply change is reported.
After 4,478 past macro events, DXY moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
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.