A stronger dollar index and a decline in long-term bond prices were primarily bearish factors for commodities in July. The September dollar index moved 3.37% higher, while the September U.S. 30-year Treasury bond futures fell 1.08% to 114-06 at the end of July. However, the commodities asset class responded to the moves in the debt and currency markets with mixed results.
There were gains and losses across all sectors for the month ending on Thursday, July 31, in a month where some commodities experienced substantial volatility.
