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Gold and silver prices fell on the COMEX exchange in New York as the outlook for further Federal Reserve rate increases weighed on markets.
Expected tighter US monetary policy raises the opportunity cost of holding precious metals and tends to strengthen the dollar, keeping pressure on metal prices.
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.