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Gold Aug '26 (GCQ26)

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Gold Futures Market News and Commentary

Dollar Erases Early Gains as Stocks Rebound from Early Sell-Off

The dollar index (DXY00) fell by -0.05% on Wednesday.  The dollar gave up an early advance on Wednesday and posted modest losses as stocks recovered from their worst levels, which reduced liquidity demand for the dollar. 

The dollar initially moved higher on Wednesday amid the surge in crude oil prices as tensions between the US and Iran intensified.  The stronger crude oil prices on Wednesday pushed up inflation expectations and could persuade the Fed to keep monetary policy tight, a supportive factor for the dollar. Also, the escalation of hostilities between the US and Iran has boosted demand for the dollar as a safe haven. 

The US launched strikes against more than 80 targets in Iran in response to Iran attacking commercial shipping in the Strait of Hormuz.  Also, President Trump said the ceasefire with Iran is over, raising the prospect of renewed hostilities in the region.

The minutes of the June 16-17 FOMC meeting were hawkish and dollar-supportive, as they... Read more

Gold bullion rounded by istara via Pixabay
XAUUSD Can Stop At 4220 Resistance

Gold came down perfectly and stopped at the 4027 level, which was the swing support from last Wednesday. Notice that what we are seeing now is only a corrective...

Puzzle of money by TPopova via iStock
Dollar Erases Early Gains as Stocks Rebound from Early Sell-Off

The dollar index (DXY00 ) fell by -0.05% on Wednesday. The dollar gave up an early advance on Wednesday and posted modest losses as stocks recovered from...

Holding money bunched in fist by Iana Miroshnichenko via iStock
Dollar Climbs on Escalation of Middle East Hostilities

The dollar index (DXY00 ) is up by +0.09% today. The dollar is supported by today’s equity market slump, which has boosted liquidity demand for the...

Chunk of gold in a gloved hand by RHJPhotoandilust___ via Shutterstock
Gold & Silver Drop | Mid-East Tensions Lift Energy | Where Is the Bottom? | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 696)

Hands holding a briefcase of money by Efired via Shutterstock
Dollar Edges Up on Weak Stocks and Crude Oil Strength

The dollar index (DXY00 ) rose by +0.24% on Tuesday. The dollar rose on Tuesday amid weakness in stocks, boosting liquidity demand for the currency. ...

Platinum bars by Shawn Hempel via Shutterstock
Where is the Next Big Move in Platinum?

Precious metals have remained in bearish trends since the late January 2026 highs. Platinum rose to a new record high in early 2026, but the price has...

3 Options Strategies for Netflix Earnings Next Week

Netflix (NFLX) is due to report earnings next Thursday after the closing bell. Today, we will analyze three different ideas - a Short Iron Condor, a Bull...

Stocks Rise Before the Open on Tech Boost, Middle East Developments in Focus

September S&P 500 E-Mini futures (ESU26) are up +0.19%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.64% this morning as investors largely...

SpaceX Stock Dropped 34% From Its High. This Trade Pays You to Bet It Stays There.

Learn how a bear call spread could help traders profit if SpaceX stays below key levels as IPO hype cools and volatility falls.

Earnings Preview: What To Expect From IDEX Corporation’s Report

IDEX Corporation enters Q2 earnings with strong momentum, as Wall Street watches for another solid performance.

What to Expect From Align Technology’s Next Quarterly Earnings Report

Align Technology is all set to report its second-quarter earnings results later this month, and analysts project its EPS to rise from last year’s quarter....

Nike’s Dividend Yield Is Near Record Highs, But That’s Not a Good Enough Reason to Buy NKE Stock

Nike's dividend yield is nearly 3.8%, which is near the record highs we saw last month. That, however, does not make the stock a buy.

Hogs Rally on Wednesday

Lean hog futures closed Wednesday with gains of $1.05 to $3.87. USDA’s national base hog price was reported at $97.79 on Wednesday afternoon, up $1.37...

Soybeans Close Wednesday on a Weaker Note

Soybeans faded off the early gains on Wednesday, as buyers of the Chinese rumor were selling the fact. Contracts were down fractionally to 5 ½ cents at...

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