US Dollar, Steel, Copper & Oil Prices Fall in September
It’s difficult to trade in the commodity markets, as leading assets are on a downward trajectory. Both soft and hard metals are heading south, giving investors the jitters. Commodities like the US dollar, steel, copper, and oil prices have dipped drastically, leading to massive losses for traders. According to speculation, the negative trend could continue in September as the Feds might not initiate interest rate cuts. The development leaves the commodity markets without takers, leading to bearish sentiments. Only gold stayed afloat in the markets, trading above the $2,500 level on Wednesday. Gold’s dips are minimal, while the highs are nearly 23% year-to-date. While gold maintained its surge in the charts, the US dollar, steel, copper, and oil prices began shedding their gains. Also Read: Meme Coins Plummet: Trump vs. Harris Debate Shakes Election Odds Commodities Going South in September: US Dollar, Steel, Copper, and Oil Prices Source: investmentu.com The US dollar, Chine...