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Gold Feb '18 (GCG18)

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Gold Futures Market News and Commentary

Dollar Advances with US-Iran Talks in Limbo

The dollar index (DXY00) on Tuesday rose by +0.29% and posted a 1-week high.  The dollar moved higher on Tuesday on the stronger-than-expected US Mar retail sales and Mar pending home sales reports.  The dollar gained further on Tuesday after stock prices slumped when Vice President Vance's trip to Pakistan to meet Iranian negotiators was put on hold after Iran failed to respond to US negotiating positions.

The dollar also has support on signs that Fed Chair nominee Kevin Warsh will support an independent Fed and prioritize low inflation.  Fed Chair nominee Warsh's prepared statement before the Senate Banking Committee said he is committed to ensuring that the conduct of monetary policy remains "strictly independent" and to keeping inflation in check, stating that price stability is a mandate for the Fed "without excuse or equivocation."   

US Mar retail sales rose +1.7% m/m, stronger than expectations of +1.4% m/m and the biggest increase in a year.  Also, Mar retail sa... Read more

Holding money bunched in fist by Iana Miroshnichenko via iStock
Dollar Advances with US-Iran Talks in Limbo

The dollar index (DXY00 ) on Tuesday rose by +0.29% and posted a 1-week high. The dollar moved higher on Tuesday on the stronger-than-expected US Mar...

Image by Karolina Kaboompics via Pexels
Dollar Climbs on Strong US Economic Reports

The dollar index (DXY00 ) today is up by +0.09%. The dollar is climbing today on a stronger-than-expected US Mar retail sales and Mar pending home sales...

Silver bullion by SonerCdem via iStock
Flashback: Silver Wave-4 Swing Low Triggered Rally as War Risks Fueled Safe Havens

Fourth waves are typically corrective and often retrace back into previous support zones, which is why they can offer good trading opportunities within...

Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Weakens on Hopes US-Iran Peace Talks to Resume

The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar gave up an early advance on Monday and turned lower after the New York Post reported that...

Gold bars in a neat row by PublicDomainPictures via Pixabay
Gold's Outlook Given The Deal That Lasted One Day

This is yet another time when gold failed to hold above its 50% retracement, and it has consequences.

Pile of money with hands by Sergey Nazarov via iStock
Dollar Climbs as US-Iran War Tensions Rise

The dollar index (DXY00 ) today is up by +0.08%. The dollar is climbing today on ramped-up tensions in the Middle East after Iran on Saturday said the...

American International Group Earnings Preview: What to Expect

American International Group is scheduled to release its fiscal first-quarter earnings this month, and analysts project a double-digit earnings rise.

Astera Labs Stock Jumps on Major Amazon-Anthropic Deal. Should You Buy ALAB Here?

Astera stock rallies as Amazon announces a $100 billion partnership expansion with Anthropic. Here’s why this deal is bullish for ALAB shares.

As China iPhone Shipments Jump 20%, Should You Buy Apple Stock?

Apple gains ground as China iPhone shipments jump 20%, but does that mean the stock is a buy now?

Is a Short Squeeze Breaking Out in Beyond Meat Stock Now?

Beyond Meat stock remains in focus among meme-stock enthusiasts. Here’s why disciplined investors should avoid chasing the momentum in BYND shares.

Stocks Fall as Iran Refuses to Attend Peace Talks

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.63%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100...

Is PayPal an Acquisition Target? How to Play PYPL Stock Right Now Amid Activist Investor Rumors.

PayPal’s guidance missteps, CEO exit, and wave of shareholder lawsuits have turned it into classic activist bait. Fresh signs that SG Americas may be...

Tesla Is Ramping Up Hiring for Its Taiwan Terafab. Does That Make TSLA Stock a Buy Now?

Tesla’s Terafab hiring push reinforces that it is serious about building its own AI‑chip stack for FSD, robotaxis, Optimus, and space‑based compute,...

Dollar Advances with US-Iran Talks in Limbo

The dollar index (DXY00 ) on Tuesday rose by +0.29% and posted a 1-week high. The dollar moved higher on Tuesday on the stronger-than-expected US Mar...

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