
August gold fell despite a weaker dollar as traders weighed hawkish Fed repricing against US-Iran talks. Money markets priced about 32bp of tightening and favored a hike in October.
Copper also slipped on the stronger dollar and hawkish repricing.
Expectations of a hike by October keep the dollar supported and pressure dollar-priced commodities. Feed buyers should watch the June payrolls data, which could shift the rate outlook further.
Setelah 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.