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Gold Feb '20 (GCG20)

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Gold Futures Market News and Commentary

Dollar Strengthens as T-note Yields Move Higher

The dollar index (DXY00) on Thursday rose by +0.17%.  The dollar recovered from a 6-week low on Thursday and moved higher as better-than-expected US economic news pushed T-note yields higher, strengthening the dollar’s interest rate differentials.  Weekly jobless claims fell more than expected, and the Apr Philadelphia Fed business outlook survey unexpectedly rose to a 15-month high. Also, hawkish comments on Thursday from New York Fed President John Williams, who signaled he favors steady Fed policy, are supportive of the dollar.

The dollar initially moved lower on Thursday as the US and Iran are considering extending their ceasefire, which ends on Tuesday, by another two weeks to allow more time to negotiate a peace agreement, easing geopolitical concerns and reducing safe-haven demand for the dollar.  Also, Thursday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. 

US weekly initial unemployment claims fell -11,000 to 207,000, showi... Read more

Gold bars in a row by andriano_cz via iStock
Gold: 4th Weekly Gain as Funds Exit | Silver: Breakout Level to Watch

Gold posts a fourth straight weekly gain as funds exit while silver approaches a key breakout level, with Phil Streible breaking down the metals setup...

Silver nuggets and ingot by Mike Maniatis via Shutterstock
Silver: Range Bound and Waiting for a Verdict

Silver futures have entered a period of measured consolidation after one of the most volatile price swings in the metal's modern trading history. Following...

3d illustration inflation and deflation graph by Deepadesigns via Shutterstock
What Are Fridays in the Commodity Complex Easy to Predict?

As I've said before, the job of analyzing markets has grown much easier given the repetitive cycle of market drivers.

Aluminum Metal Wire Coil by HeungSoon via Pixabay
As Aluminum Prices Hit 4-Year Highs, Should You Buy Alcoa Stock?

Aluminum prices hit four-year highs on the threat of a blockade as U.S.-Iran talks collapsed. Should you buy Alcoa at this juncture?

Copper wires by Lukasz Klepaczewski via Pixabay
Why Copper Is the New Strategic Asset of 2026

On CNBC’s Power Lunch, Phil Streible breaks down why copper is emerging as a key strategic asset in 2026 and what’s driving the shift in the commodities...

Image by Karolina Kaboompics via Pexels
Dollar Strengthens as T-note Yields Move Higher

The dollar index (DXY00 ) on Thursday rose by +0.17%. The dollar recovered from a 6-week low on Thursday and moved higher as better-than-expected US economic...

Xanadu Quantum Stock Soared on Nvidia News. Does It Have Any Staying Power?

Shares popped 30% as Nvidia released its first set of open-source AI models for quantum computing.

Stocks Rally as Iran Announces Strait of Hormuz is “Completely Open”

The S&P 500 Index ($SPX ) (SPY ) today is up +0.87%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ...

169% Gains Meets a 410X P/E Ratio: Is There Any Upside Left for Lattice Semiconductor Stock?

Lattice Semiconductor (LSCC) exhibits strong momentum and is trading at new all-time highs. The stock is up 169% over the past year. LSCC maintains a 100%...

Lucid Motors Just Got a New CEO. Does That Make LCID Stock a Buy, Sell, or Hold?

Lucid stock sinks as the EV maker names Silvio Napoli its new permanent CEO. But does that warrant buying LCID shares today? Let’s find out.

Earnings Preview: What to Expect From Occidental Petroleum's Report

Occidental Petroleum is expected to announce its fiscal first-quarter earnings next month, and analysts project a double-digit profit drop.

Marvell Technology Stock Just Hit New All-Time Highs. Should You Buy It Here?

Marvell Technology hits all time high following record results and Nvidia partnership.

3 Dividend Stocks Yielding Over 7% to Buy Now as Iran Ceasefire Talks Collapse

Rising geopolitical tensions are pushing investors toward high-yield dividend stocks for stability.

Earnings Preview: What To Expect From Bunge Global's Report

Bunge Global is expected to announce its first-quarter results this month, and analysts are projecting a double-digit fall in its EPS.

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