US September Final Wholesale Inventories MoM: Bearish for USD, Bullish for Gold and Silver

The US Census Bureau released the final reading of the September wholesale inventories month-over-month rate on September 10, 2025. The actual, forecast, and previous values were not provided.Definition: Wholesale inventories represent the stock of unsold goods held by wholesalers, who act as intermediaries between manufacturers or importers and retailers. Market impact: If the actual figure exceeds expectations, it is typically bearish for the US dollar, while bullish for gold, silver, the euro, and commodities.This indicator has a medium importance level (2). The monthly rate is calculated by measuring changes in the total value of goods held by wholesalers. The data is released monthly, with the next publication scheduled for October 2025.

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