
Spot gold eased to about $1,661 per ounce as the dollar rebounded after a one-month low, offsetting hopes that the Fed will slow rate hikes. Strong third-quarter U.S. GDP data also weighed on sentiment, with markets expecting a 75 basis-point hike at the Nov.
1-2 meeting.
Expectations of continued large Fed hikes keep the dollar supported, a macro headwind for dollar-priced commodities including feed ingredients.
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.