Gold Feb '20 (GCG20)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Friday fell by -0.19%. The dollar was under pressure on Friday after the S&P 500 rallied to a new all-time high, curbing liquidity demand for the dollar. Also, the University of Michigan's US May consumer sentiment index fell more than expected to a record low. In addition, strength in the Chinese yuan weighed on the dollar today after the yuan rallied to a 3-year high. Finally, strength in EUR/USD is negative for the dollar after hawkish ECB comments pushed the euro higher.Â
Friday's US payroll report was mixed for the dollar after nonfarm payrolls rose more than expected, but hourly earnings rose less than expected.Â
In the latest developments in the Middle East, Iran's semi-official Tasnim news agency said Iran seized an oil tanker on Friday in the Strait of Hormuz for "attempting to disrupt oil exports and the interests of the Iranian nation." Also, US forces targeted missile and drone launch sites and other military assets in Iran tha... Read more
Barchart · Fri May 8, 2:33PM CDT
The dollar index (DXY00 ) on Friday fell by -0.19%. The dollar was under pressure on Friday after the S&P 500 rallied to a new all-time high, curbing...
Barchart · Fri May 8, 10:15AM CDT
COMEX copper futures have been trading around a $6 pivot point since reaching a record high in late January 2026 and correcting. The consolidation and...
Barchart · Fri May 8, 9:49AM CDT
The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today after the University of Michigan’s US May consumer sentiment index...
Gold Price Forecast · Fri May 8, 8:39AM CDT
And you can profit on it.
Blue Line Futures · Fri May 8, 6:18AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 655)
Barchart · Thu May 7, 2:43PM CDT
The dollar index (DXY00 ) on Thursday rose by +0.14%. The dollar recovered from early losses on Thursday and moved higher after stocks gave up early gains...
Barchart · Fri May 8, 10:42PM CDT
As Citizens Financial has considerably outperformed the broader market over the past 52 weeks, Wall Street analysts maintain a highly optimistic outlook...
Barchart · Fri May 8, 10:06PM CDT
CenterPoint Energy has underperformed the broader market over the past year, yet Wall Street analysts maintain a moderately optimistic outlook about the...
Barchart · Fri May 8, 6:00PM CDT
JPMorgan dominates on scale and profits, while Bank of America wins on value and yield. Here's which big bank stock deserves your money in 2026.
Barchart · Fri May 8, 5:25PM CDT
Lean hog futures were mixed to close the week, with contracts down 75 cents to 67 cents higher across the board. June was $2.65 lower this week. USDA’s...
Barchart · Fri May 8, 5:25PM CDT
Cotton futures rounded out the Friday session with contracts up 41 to 177 points at the close, with July up 54 points this week. The US dollar index was...
Barchart · Fri May 8, 5:25PM CDT
Corn futures closed the Friday session with contracts up 3 to 4 ½ cents across the board, as July was down 9 cents on the week, with December losing 5...
Barchart · Fri May 8, 5:25PM CDT
Live cattle futures slipped back lower on Friday, falling 82 cents to $1.67, as June was down $4.10 this week. Cash trade has mostly been $256-260 so far...
Barchart · Fri May 8, 5:25PM CDT
The wheat complex is trading with gains across the three markets on Friday. Chicago SRW futures were up 5 3/4 to 7 3/4 cents higher to round out the week,...
