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Gold Dec '26 (GCZ26)

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Gold Futures Market News and Commentary

Dollar Recovers on Strong ISM Manufacturing Index

The dollar index (DXY00) fell to a 7-week low on Monday and finished down by -0.02%.  The dollar moved lower on Monday as easing geopolitical tensions in the Middle East boosted stocks and reduced safe-haven demand for the dollar.  Also, Monday's -5% fall in WTI crude oil prices lowered inflation expectations and could prompt the Fed to loosen monetary policy, a negative factor for the dollar. 

The dollar recovered nearly all of its losses on Monday on signs of US economic strength after the July ISM manufacturing index rose more than expected to a 4-year high. 

Dovish comments on Monday from New York Fed President John Williams were negative for the dollar, as he said interest rates remain well positioned and inflation should ease during the second half of the year.

The US July ISM manufacturing index rose +2.3 to 55.6, stronger than expectations of 53.9 and the fastest pace of expansion in four years.

US June construction spending unexpectedly fell -0.1% m/... Read more

Trader looking at chart by Tima Miroshnichenko via Pexels
NovaRed Mining Identifies A Large Copper-Gold Target Beside Hudbay's Producing Copper Mountain Mine

NovaRed Mining (NREDF) says it has detected two large anomalies ten kilometers from a producing copper mine, and pitches the target as a matter of national...

A U_S_ banknote that is digitally warped by Ruslan Lytvyn via Shutterstock
Dollar Recovers on Strong ISM Manufacturing Index

The dollar index (DXY00 ) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions...

The index of oil up by Pashalgnatov via istock
July’s Top Commodity Performers and Underperformers

Crude oil and oil products posted impressive gains in July as the on-again-off-again war in Iran continues to take center stage in the commodities asset...

A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Pressured by Strong Stocks and Easing Geopolitical Risks

The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing...

Hands holding a briefcase of money by Efired via Shutterstock
How Did Markets Start the New Month?

It was another Monday morning of more of the same, with a little spice added in, just to change things up a bit.

Liberty silver dollar by Tony Savino via iStock
Gold & Silver Rise as Oil Drops | The Number Metals Traders Must Watch | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 714)

Do Wall Street Analysts Like GE Vernova Stock?

GE Vernova’s shares have outperformed the broader market and sector peers, and analysts are bullish on the stock’s growth potential.

General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race

As Tesla's automotive momentum slows, General Motors and Ford are emerging as serious EV contenders. But one is clearly ahead.

Corn Rallies into the Monday Close as NASS Cuts Ratings

Corn futures were busy shrugging off the overnight losses, with contracts closing 6 to 8 ½ cents higher across most months. The CmdtyView national average...

Cotton Rallies from Early Weakness to Close Higher on Monday

Cotton futures posted 36 to 85 point gains across the board on Monday. Crude oil was back down $4.61 per barrel, with the US dollar index back up $0.61....

Cattle Fade Lower to Kick Off August

Live cattle futures were 7 to 72 cents lower across most contracts on Monday, fading early gains. Cash trade was at $232-233 last week, with a few at $235....

Wheat Closes Monday Higher

The wheat complex was higher at the final bell on Monday. Chicago SRW contracts were 10 to 12 1/4 cents higher at the close. KC HRW futures were 9 3/4...

Hogs Close Mixed on Monday

Lean hog futures saw mixed action on Monday with nearby contracts down $1.32 to $1.12 higher in the deferreds. USDA’s national base hog price was reported...

Soybeans Push Higher into Monday’s Close

Soybeans were busy firming into the close, as contracts settled 3 to 7 ½ cents higher, with nearby August down 3 ¼ cents. The cmdtyView national average...

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