
Spot gold rose more than 4% to $1,559.55 an ounce on March 23 after the Fed announced it would backstop credit for households, small businesses and large employers. The dollar fell over 1% against major currencies and US stock index futures jumped more than 3%.
The Fed's expanded credit backstop weakens the dollar and lifts risk assets and precious metals, a combination that tends to support dollar-priced commodities. Its scale also suggests further central bank support for demand.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% 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.