Gold Jan '25 (GCF25)
Gold Futures Market News and Commentary
The dollar index (DXY00) today is down by -0.16%. The dollar gave up an early advance and turned lower today as stocks rallied on optimism that peace talks between the US and Iran are set to resume. Bloomberg reported that Iranian Foreign Minister Abbas Araghchi is expected to arrive in Pakistan on Friday night for a possible second round of peace talks between the US and Iran. Falling crude oil prices today are lowering inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar. In addition, strength in stocks today has reduced liquidity demand for the dollar. The dollar recovered from its worst level after the University of Michigan's US Apr consumer sentiment index was revised upward higher than expected.
Heightened US-Iran tension is boosting safe-haven demand for the dollar. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire.... Read more
Gold Price Forecast · 36 minutes ago
Absurd? Perhaps. But it's still taking place.
Barchart · Fri Apr 24, 9:32AM CDT
The dollar index (DXY00 ) today is down by -0.16%. The dollar gave up an early advance and turned lower today as stocks rallied on optimism that peace...
Barchart · Thu Apr 23, 2:37PM CDT
The dollar index (DXY00 ) climbed to a 1.5-week high on Thursday and finished up by +0.22%. The dollar remains supported amid persistent tensions in the...
Barchart · Thu Apr 23, 9:33AM CDT
The dollar index (DXY00 ) today climbed to a 1.5-week high and is up by +0.04%. The dollar remains supported amid persistent tensions in the Middle East,...
Barchart · Wed Apr 22, 2:36PM CDT
The dollar index (DXY00 ) on Wednesday rose to a 1-week high and finished up by +0.20%. The dollar found support on Wednesday as the escalation of the...
Barchart · Wed Apr 22, 12:56PM CDT
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Barchart · 52 minutes ago
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Barchart · 55 minutes ago
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Barchart · 1 hour ago
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Barchart · 1 hour ago
Mobileye’s long-term AI and autonomy bets remain intact, though near-term volatility may persist.
Barchart · 1 hour ago
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Barchart · 1 hour ago
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Barchart · 1 hour ago
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Barchart · 1 hour ago
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