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Gold Feb '17 (GCG17)

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Gold Futures Market News and Commentary

Dollar Drops on Hopes for US-Iran Diplomacy

The dollar index (DXY00) on Friday fell by -0.24%.  The dollar gave up an early advance and turned lower on Friday 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 on Friday lowered inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar.  In addition, strength in stocks on Friday 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 higher than expected.

Heightened US-Iran tensions are 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

A one dollar bill floating in water by Wirestock via iStock
Dollar Drops on Hopes for US-Iran Diplomacy

The dollar index (DXY00 ) on Friday fell by -0.24%. The dollar gave up an early advance and turned lower on Friday as stocks rallied on optimism that...

Gold bullion stacked by Steve Bidmead via Pixabay
Can Gold Decline... When Ceasefire Escalates? Apparently Yes.

Absurd? Perhaps. But it's still taking place.

A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Declines on Iran Peace Optimism

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...

Pile of money with hands by Sergey Nazarov via iStock
Dollar Climbs as Crude Prices Jump and Stocks Fall

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...

Pile of money by Atlantagreg via iStock
Middle East Tensions Support the Dollar

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,...

Puzzle of money by TPopova via iStock
Dollar Recovers on Rising Tensions Over the Strait of Hormuz

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...

Want to Buy OpenAI Stock? Invest in This 1 Robinhood ETF

The Robinhood Ventures Fund (RVI) now offers long exposure to OpenAI.

Better Later Than Never? Tesla Stock Hangs in the Crosshairs as Cybercab Finally Enters Production

Despite a mixed Q1, Tesla’s story now hinges on execution as Cybercab finally moves from vision to reality, even with autonomy still a question mark....

Intel Could Still Be Undervalued Based on Strong Free Cash Flow

Analysts are upgrading their Intel Corp price targets based on management's expectation of positive free cash flow this year. One way to play it is to...

Spirit Airlines Stock Is Ready for Takeoff Thanks to Trump, but Can This Plane Stay in the Sky?

Can Trump’s rescue talk really keep bankrupt Spirit Airlines flying, or is the stock's rally just a short-lived bounce before another rough landing?

Earnings Preview: What to Expect From Dollar Tree’s Report

With Dollar Tree is gearing up to report its first-quarter results, expectations are heating up, as analysts project a strong double-digit surge in earnings....

Earnings Preview: What to Expect From CrowdStrike’s Report

CrowdStrike is expected to report its first-quarter results soon, and analysts are forecasting a triple-digit boost in its bottom line.

What to Expect From Hewlett Packard Enterprise’s Q2 2026 Earnings Report

With Hewlett Packard Enterprise gearing up to report its second-quarter results in the near term, expectations are building on the Street, with analysts...

What to Expect From Dell Technologies’ Q1 2027 Earnings Report

As Dell Technologies gears up to unveil its first-quarter results, expectations are surging, with analysts forecasting explosive triple-digit earnings...

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