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Gold edged higher in Asian trading as softer oil prices eased inflation concerns, while strong U.S. payrolls lifted the perceived chance of a December Federal Reserve rate increase to about 80%. Developments in the Iran conflict and upcoming U.S. inflation data were also in focus.
Lower oil prices can ease inflation and rate pressure, while stronger rate expectations tend to support the dollar and weigh on dollar-priced commodities. The story describes cross-market influences rather than a direct feed-commodity supply or demand change.
investinglive.comEamonn SheridanNov 9, 2026After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
After 2,356 past bullish macro events, US Dollar (Broad) 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.
