Gold Jan '25 (GCF25)
Gold Futures Market News and Commentary
The dollar index (DXY00) rallied to a 2.5-week high on Friday and finished up by +0.47%. The dollar rallied on Friday on concerns that strong US economic news and soaring crude oil prices will prompt the Fed to tighten monetary policy, a bullish factor for the dollar.  Friday's economic news was bullish for the dollar after the May Empire manufacturing survey general business conditions unexpectedly rose to a 4-year high, and Apr manufacturing production posted its biggest increase in 14 months. Also, the 10-year T-note yield rose to an 11.75-month high of 4.60% on Friday, strengthening the dollar's interest rate differentials. Finally, slumping equity markets on Friday boosted liquidity demand for the dollar.
The US May Empire manufacturing survey of general business conditions unexpectedly rose +8.6 to a 4-year high of 19.6, stronger than expectations of a decline to 7.2.
US Apr manufacturing production rose +0.6% m/m, stronger than expectations of +0.2% m/m and the... Read more
Barchart · Fri May 15, 2:33PM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high on Friday and finished up by +0.47%. The dollar rallied on Friday on concerns that strong US economic...
Barchart · Fri May 15, 10:43AM CDT
Platinum is hovering around $2,000 per ounce, $925 below its late January all-time high. Platinum’s current consolidation could be the perfect time to...
Barchart · Fri May 15, 9:38AM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high today and is up by +0.39%. The dollar is climbing today on concerns that strong US economic news...
Barchart · Fri May 15, 6:54AM CDT
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
Blue Line Futures · Fri May 15, 6:31AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 660)
Barchart · Thu May 14, 2:32PM CDT
The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April...
Barchart · 35 minutes ago
Taiwan Semiconductor has raised its global 2030 chip market forecast to $1.5 trillion from $1 trillion.
Barchart · 1 hour ago
Dell Technologies is set to report fiscal Q1 2027 earnings toward month's end, coming off record revenue of $33.4 billion. Investors will be watching.
Barchart · 1 hour ago
Nokia shares jumped more than 10% after Cisco’s strong fiscal Q3 2026 results, as investors increasingly view the company as a beneficiary of surging...
Barchart · Sun May 17, 9:15AM CDT
Verizon Partners with Anthropic to integrates its Claude artificial intelligence model Mythos.
Barchart · Sun May 17, 9:14AM CDT
While Darden Restaurants has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic...
Barchart · Sun May 17, 9:00AM CDT
Watch as Disney aims for something bigger than streaming dominance.
Barchart · Sun May 17, 8:30AM CDT
Cisco Systems' free cash flow fell vs last year, as did its FCF margins. However, its fair value could be 16% higher based on higher revenue forecasts....
Barchart · Sun May 17, 8:00AM CDT
Recently, Cerebras went public with the largest IPO of the year, but it is still far away from the big names in the AI space.
