Gold Aug '26 (GCQ26)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Wednesday rose by +0.06%. The dollar recovered from early losses on Wednesday and posted modest gains after crude oil prices surged. WTI crude rallied by more than 2% on Wednesday, boosting inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar. Also, Wednesday’s stock market slump boosted liquidity demand for the dollar. The dollar initially moved lower on Wednesday after US May consumer prices rose as expected, easing inflation fears and potentially keeping the Fed from tightening monetary policy.Â
US May CPI rose +4.2% y/y, right on expectations and the fastest pace of increase in 3 years. May core CPI rose +2.9% y/y, right on expectations, and the fastest pace of increase in 7 months.
The dollar also benefits from safe-haven demand amid the ongoing hostilities between the US and Iran. Overnight, the US and Iran exchanged strikes, and the US said it had completed an operation tha... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) on Wednesday rose by +0.06%. The dollar recovered from early losses on Wednesday and posted modest gains after crude oil prices...
Barchart · Wed Jun 10, 9:36AM CDT
The dollar index (DXY00 ) today is down by -0.13%. The dollar is under pressure today after US May consumer prices rose as expected, easing inflation...
Blue Line Futures · Wed Jun 10, 6:27AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 679)
Barchart · Tue Jun 9, 2:31PM CDT
The dollar index (DXY00 ) on Tuesday fell by -0.12%. Tuesday's -3% plunge in WTI crude oil prices to a 7-week low lowered inflation expectations, which...
Barchart · Tue Jun 9, 9:37AM CDT
The dollar index (DXY00 ) is moving lower today and is down by -0.28%. Today's -3% plunge in WTI crude oil prices has lowered inflation expectations and...
Blue Line Futures · Tue Jun 9, 6:24AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 678)
Barchart · 17 minutes ago
The quantum computing entry point today echoes Nvidia before its 2019 surge. From speculative bets like IonQ to safer plays like IBM and Alphabet, here's...
Barchart · 22 minutes ago
Cracker Barrel stock soars as a strong Q3 release triggers a short squeeze. But should you chase the momentum in CBRL shares today? Let’s find out!
Barchart · 28 minutes ago
Flex is joining the S&P 500 before the market opens on June 22.
Barchart · 38 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.87%, and the Nasdaq 100...
Barchart · 38 minutes ago
Barchart Senior Market Analyst Darin Newsom analyzes whether the morning's short-covering bounce in grains is a temporary reprieve or a permanent bottom,...
Barchart · 42 minutes ago
Super Micro stock tumbles as the company announces a $5 billion underwritten public offering. Here’s why the capital raise is bearish for SMCI shares....
Barchart · 50 minutes ago
Oscar Health shares rally on a bullish Barclays’ research note. Here’s how high the investment firm believes OSCR stock could fly in 2026.
Barchart · 51 minutes ago
While AI-driven revenue opportunities may take time to materialize, solid iPhone demand and strength in the Services segment will support Apple’s growth....