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Gold Jan '13 (GCF13)

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Gold Futures Market News and Commentary

Dollar Eases as S&P 500 Posts a Record High

The dollar index (DXY00) on Wednesday fell by -0.07%.  The dollar fell slightly on Wednesday after the S&P 500 rallied to a new all-time high, reducing liquidity demand for the dollar. Also, geopolitical tensions eased and weighed on the dollar after the AP reported that the US and Iran had reached an “in principle agreement” to extend the ceasefire to allow more time for diplomacy. The US and Iran are considering extending their ceasefire, which ends on Tuesday, by another two weeks to allow more time to negotiate a peace agreement. 

Losses in the dollar were limited on Wednesday from hawkish comments from Cleveland Fed President Beth Hammack, who said her baseline is that the Fed is on hold for a “good while.” Wednesday’s US economic news was mixed for the dollar after the Apr Empire manufacturing survey general business conditions rose more than expected to a 5-month high, but the Apr NAHB housing market index fell more than expected to a 7-month low. 

The Fed Beige B... Read more

Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Eases as S&P 500 Posts a Record High

The dollar index (DXY00 ) on Wednesday fell by -0.07%. The dollar fell slightly on Wednesday after the S&P 500 rallied to a new all-time high, reducing...

Nuclear energy powering AI data centers via Shutterstock AI
Turbine Season for Tech: John Rowland on the Next Era of AI Data Center Investments

We’ve gone way beyond Nvidia now. As data center sprawl dominates the conversation, here are the stocks, industries, and sectors in focus for the next...

Gold bars in a neat row by PublicDomainPictures via Pixabay
Two-Minute Analysis: The Bull vs. Bear Cases for Gold and Silver Prices Now

A major driver of safe-haven demand is currently playing out in the Middle East war.

Gold bars in a row by andriano_cz via iStock
All Talk, No Peace - Implications for Gold Investors

Words vs. Reality - which one will win?

Dollar bills in an organized pile by TheDigitalArtist via Pixabay
Dollar Little Changed Awaiting News on US-Iran Peace Talks

The dollar index (DXY00 ) today is up by +0.02%. The dollar is little changed today, awaiting fresh news on US-Iran peace talks. The dollar found some...

Gold bullion stacked by Steve Bidmead via Pixabay
Gold & Silver Attempt a Breakout! Ceasefire Clock Ticks | What’s Next?

Gold and silver test a breakout as markets monitor ongoing ceasefire developments and what could come next, with Phil Streible breaking down the metals...

Should You Chase the Rally in SoundHound Stock Today?

SoundHound shares rally without a company-specific announcement on Wednesday. Options data suggests SOUN stock will rip higher as the year unfolds.

Cathie Wood Is Doubling Down on Robinhood Stock. Should You?

Analysts see upside in Robinhood, yet negative revisions and premium valuation suggest caution is still warranted

Dollar Eases as S&P 500 Posts a Record High

The dollar index (DXY00 ) on Wednesday fell by -0.07%. The dollar fell slightly on Wednesday after the S&P 500 rallied to a new all-time high, reducing...

Uber Stock Just Broke Above Its 50-Day Moving Average. Should You Chase the Rally?

Uber stock rallies on an expanded deal with Lucid Group as part of the company’s $10 billion commitment to its robotaxi strategy. But does that warrant...

Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

May WTI crude oil (CLK26 ) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26 ) closed up +0.0297 (+0.98%). Crude oil and gasoline...

Oversold Conditions Spark Short Covering in Nat-Gas Prices

May Nymex natural gas (NGK26 ) on Wednesday closed up +0.011 (+0.42%). Nat-gas prices posted modest gains on Wednesday, as the selloff over the past month...

Macquarie Is Pounding the Table on CoreWeave Stock with a New ‘Outperform’ Rating. Should You Buy Here?

Macquarie upgraded CoreWeave, citing its new deals, including an agreement with Anthropic.

Tesla Is Still a ‘Leader in Physical AI’ and You Should Buy TSLA Stock Now, Says UBS

According to the investment bank, Tesla shares may be under pressure now, but its leadership in physical AI keeps the long-term bull case alive.

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