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Gold Feb '20 (GCG20)

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[[ timeframe ]] futures price quotes as of Fri, May 29th, 2026.
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Gold Futures Market News and Commentary

Dollar Falls as Stocks Rally on Iran Deal Optimism

The dollar index (DXY00) on Friday fell to a 2-week low and finished down by -0.14%.  The improving prospects for a US-Iran peace deal sparked a rally in stocks, reducing liquidity demand for the dollar.  Also, Friday’s -1% fall in WTI crude oil to a 5-week low lowers inflation expectations and could prompt the Fed to ease monetary policy, a bearish factor for the dollar.  Losses in the dollar were limited on Friday after the May MNI Chicago PMI rose more than expected at its strongest pace in 4.25 years.  Fed comments on Friday were mixed for the dollar.

The US May MNI Chicago PMI rose +13.5 to 62.7, stronger than expectations of 50.3 and the strongest pace of expansion in 4.25 years.

San Francisco Fed President Mary Daly said Fed interest rate policy is in a good place and that she’s “cautiously optimistic” about the US economy, noting that “there’s no urgency to make an adjustment” to interest rates.

Kansas City Fed President Jeff Schmid said, “With inflation ru... Read more

Gold bars in a neat row by PublicDomainPictures via Pixabay
A ‘Golden Dome’ Has Formed on the Chart of This Gold Mining ETF. The Bull Rally in Precious Metals Has Run Out of Steam.

The best days of the gold trade are firmly in the rearview mirror.

Dollar bills in an organized pile by TheDigitalArtist via Pixabay
Dollar Falls as Stocks Rally on Iran Deal Optimism

The dollar index (DXY00 ) on Friday fell to a 2-week low and finished down by -0.14%. The improving prospects for a US-Iran peace deal sparked a rally...

Pile of money by Atlantagreg via iStock
Dollar Inches Higher on US Economic Strength

The dollar index (DXY00 ) today is up +0.02%. The dollar found some support today after the May MNI Chicago PMI rose more than expected at its strongest...

Silver dollar floating by Matthew Heinrichs via Pixabay
Gold & Silver Bounce Off Key Support Levels | Is the Bottom In? Navigating the Week Ahead | Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 670)

A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Slides on Weak US Economic News and US-Iran Peace Hopes

The dollar index (DXY00 ) on Thursday fell from a 7-week high and finished down -0.18%. The dollar gave up early gains and turned lower today on weaker-than-expected...

A one dollar bill floating in water by Wirestock via iStock
Dollar Erases Early Gains on Disappointing US Economic News

The dollar index (DXY00 ) today fell from a 7-week high and is down -0.13%. The dollar gave up an early advance and turned lower today on weaker-than-expected...

This Analyst Just Downgraded ASTS Stock, and Blue Origin May Be to Blame

AST SpaceMobile stock is sinking after Blue Origin's rocket exploded on the launchpad. But is it worth buying ASTS shares on the pullback?

Unusual Machines Stock Looks Like a Winner as Trump Backs Drone Makers

UMAC stock climbed more than 55% as President Trump is reportedly planning to back drone-makers.

PLTR Stock Alert: Why Palantir Is Getting a Boost from Dell Earnings

Palantir shares rally as Dell reports blockbuster financials for its Q1. But should you chase the momentum in PLTR stock today?

Stocks Rally on Easing Geopolitical Tensions and AI Enthusiasm

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.22%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.72%, and the Nasdaq 100 Index...

Western Digital Is Making the Right Moves Amid Fierce Momentum for Memory Stocks

A former Nvidia exec joins Western Digital's board of directors.

SOFI Stock Pops Following SoFi's Stablecoin Announcement. What to Know.

SoFi stock rallies on SoFiUSD launch. Here’s what the stablecoin announcement means for SOFI shares.

Super Micro Just Sent a Blunt Message to the AI Server Market

Super Micro shares jumped after the company worked with Taiwanese authorities to crack down on illegal AI server smuggling operations.

A ‘Golden Dome’ Has Formed on the Chart of This Gold Mining ETF. The Bull Rally in Precious Metals Has Run Out of Steam.

The best days of the gold trade are firmly in the rearview mirror.

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