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Gold Dec '26 (GCZ26)

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Gold Futures Market News and Commentary

Dollar Weakens on Strength in the Chinese Yuan

The dollar index (DXY00) is down by -0.16% today.  The dollar is modestly lower today, consolidating below last Friday’s 2-week high.  Today’s rally in the Chinese yuan to a 3.5-year high is undercutting the dollar.

However, losses in the dollar are limited today as WTI crude oil climbs more than +2% to a 1-week high, which raises inflation expectations and could potentially persuade the Fed to raise interest rates, a supportive factor for the dollar.  Also, weaker stocks today have boosted some liquidity demand for the dollar, and higher T-note yields have strengthened the dollar’s interest rate differentials.  Finally, the dollar has some carryover support from last Friday, when Fed Chair Warsh warned inflation isn’t meaningfully slowing and vowed that policymakers will return inflation to their 2% target.   The chance of a Fed rate hike at next month’s FOMC meeting rose to 63% today from 36% before Warsh’s speech. 

Chinese economic news was mixed after China's Aug man... Read more

US dollar and Yuan banknote on USA and China flags by Dilok Klaisataporn via iStock
Dollar Weakens on Strength in the Chinese Yuan

The dollar index (DXY00 ) is down by -0.16% today. The dollar is modestly lower today, consolidating below last Friday’s 2-week high. Today’s rally...

Silver bullion by SonerCdem via iStock
Gold Holds 100 DMA After Selloff! Silver $67, Hike Odds Jump to 62% | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 735)

Commodities on laptop keyboard by Maxx-Studio via Shutterstock
Was the Commodity Complex a Case of More of the Same Monday?

A look at the headlines Monday morning gives us more fighting in the Middle East, threats in Europe, and continuing debate over Chairman Warsh's comments....

Silver bullion by SonerCdem via iStock
Gold Silver Selloff: Should You Buy the Dip After Warsh Jackson Hole? | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 734)

Image by allstars via Shutterstock
Hawkish Fed Chair Warsh Boosts the Dollar and Sinks Gold

The dollar index (DXY00 ) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on Friday on hawkish comments from Fed Chair...

Copper wires by Lukasz Klepaczewski via Pixabay
Is Copper Going to Trade $7 per Pound?

COMEX copper futures have reached another new record high in August 2026. However, LME three-month copper forwards have remained below their January 2026...

Why Nvidia Stock Looks Attractive... for Some Investors

Multiple long-term catalysts underscore NVDA stock. How should investors view Nvidia?

Renewed US-Iran Hostilities Push Crude Prices Higher

October WTI crude oil (CLV26 ) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26 ) closed up +0.0268 (+0.88%). Crude oil and gasoline...

Nat-Gas Prices Climb on Sweltering US Heat

October Nymex natural gas (NGV26 ) on Monday closed up +0.047 (+1.63%). Nat-gas prices settled higher on Monday as forecasts for triple-digit temperatures...

Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher

An uncommon convergence of bullish fundamental elements, as well as bullish technicals, are driving the rip-roaring bull runs in the grains.

Dear Tesla Stock Fans, Mark Your Calendars for September 3

Tesla’s Cybercab event is shaping up to be an intriguing next chapter in the company’s autonomous-driving journey.

eBay Just Gave GameStop Stock a Boost. Here's What to Know.

GameStop shares rally as eBay investment drives Q2 net income higher. Here’s why GME shares still aren’t worth buying today.

Amazon Stock Is Near Record Highs. Why There’s Still Room for AMZN to Grow.

Although Amazon stock is trading close to record levels, the solid momentum across its businesses could support additional gains.

A $2.88 Billion Reason Why Eli Lilly Stock Is in Focus Today

Eli Lilly announced a $2.88 billion acquisition of Merida Biosciences. Here’s what it means for LLY shares.

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