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Gold Feb '28 (GCG28)

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Gold Futures Market News and Commentary

Dollar Slightly Lower Ahead of Tonight’s Iran Deadline

The dollar index (DXY00) today is down by -0.04%.  The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in energy prices that derail the economy. Losses in the dollar are limited after US Feb capital goods new orders nondefense ex-aircraft and parts rose more than expected.  Also, today’s stock weakness has boosted liquidity demand for the dollar. 

The markets are watching for any sign of a breakthrough amid a flurry of diplomacy before President Trump’s 8 pm EST deadline tonight.  Mr. Trump insists any deal must ensure uninterrupted transit through the Strait of Hormuz or he will destroy Iran’s bridges and power plants if no accord is reached.  Axios reported that the US conducted strikes on military targets on Kharg Island today, and Israel told Iranians to refrain from using their country’s railway network. Also, Iran pressed on with attacks across the Persian Gulf, dimming chances for peace.

US Feb capital goods new orders... Read more

Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Slightly Lower Ahead of Tonight’s Iran Deadline

The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in...

DXY00 : 99.875 (-0.11%)
GCM26 : 4,686.4 (+0.04%)
SIK26 : 71.565 (-1.76%)
^USDJPY : 159.864 (+0.11%)
^EURUSD : 1.15735 (+0.27%)
Silver bullion by SonerCdem via iStock
Gold & Silver Volatility Jumps! Explosions on Kharg Island! Key Levels

Gold and silver see increased volatility following reports of disruptions on Kharg Island, with Phil Streible breaking down the metals setup and key levels...

Puzzle made of money by Qimono via Pixabay
Dollar Weakens on Iran Ceasefire Hopes

The dollar index (DXY00 ) on Monday fell by -0.04%. The dollar was under pressure on Monday as stocks recovered on hopes for a ceasefire in Iran, curbing...

DXY00 : 99.875 (-0.11%)
GCM26 : 4,686.4 (+0.04%)
SIK26 : 71.565 (-1.76%)
^USDJPY : 159.864 (+0.11%)
^EURUSD : 1.15735 (+0.27%)
A one dollar bill floating in water by Wirestock via iStock
Dollar Slips on Hopes of a Ceasefire in Iran

The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today as stocks recover on hopes for a ceasefire in Iran, curbing liquidity...

DXY00 : 99.875 (-0.11%)
GCM26 : 4,686.4 (+0.04%)
SIK26 : 71.565 (-1.76%)
^USDJPY : 159.864 (+0.11%)
^EURUSD : 1.15735 (+0.27%)
Copper pipes by Dijana via Pixabay
Copper Caught Between Trade Tensions and Global Growth Uncertainty

Copper futures remain locked in a broad consolidation as competing macro forces continue to drive two way volatility. Trade policy uncertainty, geopolitical...

Gold bars in a row by andriano_cz via iStock
Gold & Silver JUMP as Dollar & Oil Drop! The Key Events to Watch

Gold and silver move higher as the dollar and oil pull back, with Phil Streible breaking down the key events the market is watching and the metals setup...

Raytheon Is a Top Defense Stock to Buy Amid the Iran War, But It Will Also Benefit From a Ceasefire. Here’s How.

The Pentagon is going through Tomahawk cruise missiles at an unprecedented pace.

LMT : 633.85 (-0.63%)
NOC : 694.89 (-0.13%)
$SPX : 6,574.59 (-0.56%)
RTX : 198.09 (-0.16%)
GD : 349.88 (-0.43%)
Sugar Prices Sink as India Rules Out Sugar Export Ban

May NY world sugar #11 (SBK26 ) today is down -0.32 (-2.14%), and May London ICE white sugar #5 (SWK26 ) is down -5.70 (-1.31%). Sugar prices fell to 2.5-week...

CLK26 : 115.59 (+2.83%)
SBK26 : 14.64 (-2.20%)
SWQ26 : 432.50 (-1.57%)
Worried About High Beef and Gasoline Prices? Trade Lean Hogs Here.

June lean hog futures present a buying opportunity on more price strength.

HEM26 : 107.175 (-0.49%)
HEM26 : 107.175 (-0.49%)
Increased Supplies and Weak Demand Hammers Cocoa Prices

May ICE NY cocoa (CCK26 ) today is down -214 (-6.62%), and May ICE London cocoa #7 (CAK26 ) is down -127 (-5.16%). Cocoa prices are sharply lower today,...

CCK26 : 2,999 (-7.30%)
CAK26 : 2,331s (-5.21%)
What to Expect From Globe Life's Next Quarterly Earnings Report

Globe Life is expected to announce its fiscal first-quarter earnings soon, and analysts project a double-digit profit growth.

XLF : 49.81 (-0.14%)
GL : 144.38 (+0.71%)
$SPX : 6,574.59 (-0.56%)
Why Did Cathie Wood Just Buy 230,000 Shares of Kodiak AI Stock, and Should You?

Kodiak AI gains attention after Cathie Wood’s big buy, but high risk and weak fundamentals make it a speculative bet.

NVDA : 175.44 (-1.24%)
KDK : 7.77 (+3.05%)
ARKQ : 114.77 (-1.03%)
Marvell Insider David Casper Just Sold Nearly 18,000 Shares of MRVL Stock. Should You Sell Too?

Marvell Technology insider sale raises questions, but strong AI-driven growth keeps the long-term story intact.

NVDA : 175.44 (-1.24%)
MRVL : 108.45 (-0.97%)
Coffee Prices Tumble on Abundant Global Supplies

May arabica coffee (KCK26 ) today is down -11.80 (-3.96%), and May ICE robusta coffee (RMK26 ) is down -115 (-3.34%). Coffee prices are plunging today,...

RMN26 : 3,226 (-3.59%)
KCK26 : 286.05 (-4.03%)
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