Low impact

London copper prices rose toward $14,700 per tonne after workers at the world's largest copper mine threatened a strike amid stalled wage talks, while Fed officials downplayed the need for further large rate hikes this year.

Jin1010/14, 12:24 PM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

Gold
Pushes up
DaysMedium confidence
Lower expected rate hikes reduce the opportunity cost of holding gold

What could change this

If Fed officials later signal openness to further hikes amid inflation pressure, this read on USD and gold could reverse.

6.50+1.55%vs previous close

-4.05%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

09/25, 11:00 AMNow