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Gold Feb '28 (GCG28)

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Gold Futures Market News and Commentary

Dollar Slips as Lower Crude Prices Ease Rate-Hike Concerns

The dollar index (DXY00) on Friday fell by -0.07%.  The dollar moved lower on Friday amid weakness in crude oil prices.  WTI crude oil fell more than 3% on Friday to a 4-month low, easing inflation expectations and potentially persuading the Fed to ease monetary policy, a negative factor for the dollar.  The dollar fell to its low on Friday after the University of Michigan's US Jun consumer sentiment index came in weaker than expected. 

The dollar recovered from its worst level on Friday amid hawkish comments from Minneapolis Fed President Neel Kashkari, who said he's "concerned about inflation" and favors an interest rate increase this year. 

US May wholesale inventories rose +0.3% m/m, weaker than expectations of +0.4% m/m.  May retail inventories rose +0.6% m/m, stronger than expectations of +0.5% m/m.

The University of Michigan US Jun consumer sentiment index was revised upward by 0.6 to 49.5, below expectations of 50.0.

The University of Michigan US Jun... Read more

Copper wires by Lukasz Klepaczewski via Pixabay
The Physics of Scarcity: Copper’s Path to a Structural Deficit

Copper is the essential muscle of the modern energy transition, yet its physical availability is bound by the laws of physics and mining exhaustion. Here's...

Gold bullion rounded by istara via Pixabay
Cashing Out: How Basel III and High Rates Triggered the Great Selloff in Gold Prices

Gold is plunging, but not because of investor panic. The Fed is quietly preparing to lower bank reserve requirements. Large banks are front-running this...

Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Slips as Lower Crude Prices Ease Rate-Hike Concerns

The dollar index (DXY00 ) on Friday fell by -0.07%. The dollar moved lower on Friday amid weakness in crude oil prices. WTI crude oil fell more than...

A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Weakens with Crude Oil Prices

The dollar index (DXY00 ) today is down by -0.32%. The dollar is sliding today amid weakness in crude oil prices. WTI crude oil is down more than 3%...

Liberty silver dollar by Tony Savino via iStock
Gold & Silver Jump Overnight | Looking at Deferred Silver Option Plays | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 690)

Puzzle of money by TPopova via iStock
Dollar Slips on Benign US Inflation News

The dollar index (DXY00 ) on Thursday fell by -0.17%. The dollar was under pressure as Thursday’s stock rally reduced liquidity demand for the dollar....

Steve Jobs Spent 2 Weeks Debating Washers and Dryers At Dinner Table — ‘I Got More Thrill Out of Them Than I Have Out of Any Piece of High Tech in Years’

Jobs spent weeks debating laundry machines with his family, then said the set they chose gave him more thrill than any high-tech gadget in years. Here's...

Alphabet Stock Falls Below Berkshire’s Buying Price, but GOOG Is Not a Screaming Buy Yet

Alphabet shares have fallen below the price levels at which Berkshire Hathaway bought them in the private placement earlier this month. The stock is not...

Billionaire Mark Cuban Says If We Fined Insurance Companies and Providers $100 Each Time They Overbilled, ‘We Could Pay Off the National Debt’

Cuban believes $100 fines for insurance overbilling and wrongful denials could pay off U.S. debt. Here’s what federal data shows about healthcare billing...

Qualcomm Stock Is Down 14.6% From Its High, But QCOM Faces Too Many Headwinds to Rush In and Buy the Dip

Qualcomm is transforming itself into a diversified AI and semiconductor powerhouse.

Wall Street Bets Investors Are Bullish Again on Wendy’s. How to Play WEN Stock Amid a Meme Surge Here.

Wendy’s stock surged as it gained popularity on the WallStreetBets community on Reddit. Should you invest in the stock now?

There’s Another New Reason to Get Bullish on Nvidia Stock

Nvidia launched a full-stack safety platform for robotics as physical AI continues to be a hot topic.

$14,000 Invested in Sandisk Stock Last Year Would Be Worth $1 Million Now

Sandisk has become one of the AI boom's most unexpected winners. SNDK stock has climbed more than 5,000% since last year, and there are a couple of key...

Broadcom and OpenAI Just Unveiled the New Jalapeño AI Chip. What That Means for AVGO Stock.

As Broadcom takes another major step in the AI race with OpenAI's first custom AI chip, here's how investors should approach AVGO stock.

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