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Commodity Compass - 9/7 - Gold in the Spotlight this Week, Further Weakness in Grains
Published 8 months, 4 weeks ago
Description
Markets began September on edge, with investors highly attuned to U.S. inflation data and momentum toward a possible rate cut. Risk appetite was buoyed by an unexpectedly soft dollar into Friday, as rising expectations that the Federal Reserve could ease policy kept equities buoyant and sought to support commodity prices—particularly gold, which notched its strongest weekly gain in three months.