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A SafeHaven.com commentary from April 28, 2017 discusses the Fed's third rate hike since 2015 and its effect on gold. It argues that higher rates usually weigh on gold, but that past hikes in this cycle were followed by gold gains.
Fed tightening lifts the dollar and affects dollar-priced assets. The article centers on gold, so the grain and feed price effect is negligible.
safehaven.comArkadiusz SieronApr 28, 2017After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
