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Gold rose on Monday, recovering some of the previous session’s losses, as oil prices and the US dollar weakened. Investors awaited US CPI data for clues on the Federal Reserve’s rate outlook, after stronger-than-expected payrolls increased expectations of a December rate hike.
Lower oil prices can ease energy-cost pressure on feed production and transport, while a weaker dollar can support dollar-denominated commodity prices. The article reports broad oil and currency moves but no direct change in feed-commodity supply or demand.
mining.com.auNov 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 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.
