Gold Jan '25 (GCF25)
Gold Futures Market News and Commentary
The dollar index (DXY00) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on Friday on hawkish comments from Fed Chair Warsh, who warned inflation isn’t meaningfully slowing and vowed that policymakers will return inflation to their 2% target. The chance of a Fed rate hike at next month’s FOMC meeting rose to 57% from 36% before Warsh’s speech. Friday’s unexpected upward revision in the University of Michigan US Aug consumer sentiment index also supported the dollar.
Limiting gains in the dollar was the unexpected downward revision to US 2026 nonfarm payrolls, signaling the labor market was weaker than previously stated, a dovish factor for Fed policy. Also, the unexpected contraction in the Aug MNI Chicago PMI is negative for the dollar.
Fed Chair Warsh said he's impressed by the economy, which appears to have strengthened, and said inflation data don't suggest the trend has meaningfully improved. He added that policymakers must be... Read more
Blue Line Futures · Fri Aug 28, 3:32PM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 734)
Barchart · Fri Aug 28, 2:40PM CDT
The dollar index (DXY00 ) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on Friday on hawkish comments from Fed Chair...
Barchart · Fri Aug 28, 10:35AM CDT
COMEX copper futures have reached another new record high in August 2026. However, LME three-month copper forwards have remained below their January 2026...
Barchart · Fri Aug 28, 9:45AM CDT
The dollar index (DXY00 ) rallied to a 1-week high today and is up by +0.41%. The dollar jumped today on hawkish comments from Fed Chair Warsh, who warned...
Blue Line Futures · Fri Aug 28, 6:10AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 733)
Barchart · Thu Aug 27, 2:35PM CDT
The dollar index (DXY00 ) rose to a 1-week high on Thursday and finished up by +0.03%. The dollar found some support on Thursday after weekly US jobless...
Barchart · Fri Aug 28, 6:00PM CDT
JNJ, MRK, and AMGN use AI to speed drug discovery, beat the market, and pay dividends. See the top AI healthcare pick for 2026.
Barchart · Fri Aug 28, 4:36PM CDT
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December...
Barchart · Fri Aug 28, 4:36PM CDT
Lean hog futures were 90 cents to $1.27 higher to close Friday, with October up $1.02 on the week, led by the Friday strength. USDA’s national base hog...
Barchart · Fri Aug 28, 4:36PM CDT
Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents....
Barchart · Fri Aug 28, 4:36PM CDT
The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied 10 ½ to 24 ¼ cents across the...
Barchart · Fri Aug 28, 4:36PM CDT
Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December still held up for a weekly gain of 303...
Barchart · Fri Aug 28, 4:36PM CDT
Live cattle futures faced weakness on Friday, with contracts down 45 cents to $1.30, as October fell $6.20 on the week. Cash trade picked up later on Friday...
Barchart · Fri Aug 28, 3:41PM CDT
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.02%, and the Nasdaq...