Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | More
or

Metals Futures Prices

Mon, Jan 20th, 2020
[[ timeframe ]] futures price quotes as of Mon, Jan 20th, 2020.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Weekly commodity commentary from market professionals delivered to your inbox.

Futures Market News and Commentary

Precious Metals Close Higher on the Outlook for a BOE Rate Cut and Signs of Strong Industrial Metals Demand

Feb Comex gold (GCG20) on Friday closed up +9.8 (+0.63%), and Mar silver (SIH20) closed up +0.134 (+0.75%).

Precious metals moved higher Friday with Mar silver at a 1-week high. Gold prices found support on weak UK data that increases the chances for a rate cut by the BOE while silver rose on improved industrial metals demand prospects due to stronger-than-expected U.S. and China economic data.

The 10-year UK gilt yield dropped to 3-month low Friday of 0.609% after weak retail sales data boosted the outlook for a BOE interest rate cut, which is bullish for gold demand as a store of value. Friday's data showed UK Dec retail sales ex auto fuel unexpectedly fell -0.8% m/m, weaker than expectations of +0.8% m/m and matched Nov as the largest decline in a year.

Strength in Chinese and U.S. data on Friday is positive for industrial metals demand and bullish for silver prices after China Dec industrial production rose +6.9% y/y, stronger than expectations of +5.9% y/y... Read more

Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar