Gold Aug '26 (GCQ26)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell by -0.03% on Tuesday. The dollar was under pressure Tuesday as hopes for a deal to reopen the Strait of Hormuz have boosted stocks and knocked crude oil prices sharply lower. The slide in crude oil prices lowers inflation expectations and could prompt the Fed to loosen monetary policy, a negative factor for the dollar. Tuesday's weaker-than-expected US economic reports on June JOLTS job openings and June factory orders also weighed on the dollar.
The US June trade deficit was -$73.3 billion, slightly larger than expectations of -$73.0 billion.
US June factory orders unexpectedly fell -0.3% m/m, weaker than expectations of +0.2% m/m. Also, June factory orders ex-transportation unexpectedly fell -0.4% m/m versus expectations of +0.4% m/m and the biggest decline in 14 months.
US June JOLTS job openings fell -178,000 to 7.359 million, showing a weaker labor market than expectations of 7.454 million.
The markets are discounting... Read more
Barchart · Tue Aug 4, 2:33PM CDT
The dollar index (DXY00 ) fell by -0.03% on Tuesday. The dollar was under pressure Tuesday as hopes for a deal to reopen the Strait of Hormuz have boosted...
Barchart · Tue Aug 4, 9:36AM CDT
The dollar index (DXY00 ) is down by -0.06% today. The dollar is under pressure today as hopes for a deal to reopen the Strait of Hormuz have boosted...
Blue Line Futures · Tue Aug 4, 6:12AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 715)
Ivan Patriki · Mon Aug 3, 4:32PM CDT
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...
Barchart · Mon Aug 3, 2:38PM CDT
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...
Barchart · Mon Aug 3, 10:42AM CDT
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...
Barchart · 22 minutes ago
Despite Texas Instruments trailing the semiconductor industry’s returns, it has outpaced the S&P 500 Index. That performance, coupled with its long-term...
Barchart · 1 hour ago
Anterix (ATEX) has surged 380% over the past year, recently hitting an all-time high of $113. ATEX maintains strong technical momentum with a 100% “Buy”...
Barchart · Tue Aug 4, 6:30PM CDT
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Barchart · Tue Aug 4, 5:09PM CDT
Corn futures closed out the Tuesday session falling lower, down 2 to 7 cents across most contracts at the close. Crude oil, down $5.20, added pressure....
Barchart · Tue Aug 4, 5:09PM CDT
Soybeans were pressured by weaker products, crude and a wetter forecast on Tuesday, with contracts steady in some deferreds to down 15 cents in the nearbys....
Barchart · Tue Aug 4, 5:09PM CDT
Live cattle futures posted gains of 85 cents to $1.72 across the board on Tuesday. Cash trade was at $232-233 last week, with a few at $235. Trade has...
Barchart · Tue Aug 4, 5:09PM CDT
Lean hog futures posted Tuesday gains of 32 to 62 cents at the close. USDA’s national base hog price was reported at $99.65 on Tuesday afternoon, up...
Barchart · Tue Aug 4, 5:09PM CDT
The wheat complex was under pressure on Tuesday, with the three markets falling lower. Chicago SRW contracts were 11 to 14 cents in the red. KC HRW futures...