Gold rose above $4,100 on Monday after stronger-than-expected U.S. jobs data had weighed on prices the previous session. Investors were assessing the possibility of further Federal Reserve rate increases and awaiting U.S. inflation data.
Expectations of higher interest rates can support the dollar and raise the opportunity cost of holding commodities, while easing rate expectations can have the opposite effect. The article does not identify a direct feed-commodity supply or demand change.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.