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Monthly Commodities Fundamental Report – September, 2023

Author Published on: November 7, 2023 at 8:22 PM UTC
Monthly Commodities Fundamental Report – September, 2023
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Gold: The extended weakness in gold from the past few months continued to extend further, as the yellow metal concluded the August month marginally lower. Gold’s monthly performance was a story of initial promise followed by challenges. It kicked off the month with a rise in prices, benefiting from a weaker U.S. dollar and Treasury yields amid economic uncertainty and the Federal Reserve’s hawkish tone.

 

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