Gold Apr '16 (GCJ16)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 32% from 35% on Thursday. The dollar's decline was curbed by the 10-year T-note yield rising +5 bp despite the weak US economic reports, driven by inflation concerns.
The dollar was also undercut by reduced safe-haven demand as President Trump appears to have given up on plans for any new major military attack on Iran for the time being, favoring economic pressure instead. Treasury Secretary Bessent said on Friday that the administration will soon announce unprecedented economic measures against Iran that "have never been seen in the history of economic isolation of a country." Yet, the military conflict continues as there were reports that Iran attacked two Abu Dhabi oil vessels in the Strait of Hormuz on Thursday night.
Friday's July US retail sales fell -0.6% m/m, much weaker than market expectations of +0.1%. Ex-auto... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to...
Barchart · Fri Aug 14, 9:49AM CDT
The dollar index (DXY00 ) is down -0.41% as the weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 29%...
EdgeClear · Fri Aug 14, 7:40AM CDT
Gold futures have staged a strong recovery after breaking down toward the 4000 area in late June, reclaiming the 4385 support zone as the Strait of Hormuz...
Blue Line Futures · Fri Aug 14, 6:25AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 723)
Barchart · Thu Aug 13, 3:10PM CDT
The dollar index (DXY00 ) on Thursday ended the day little changed despite downward pressure from the dovish US PPI report, which lowered the odds of a...
Barchart · Thu Aug 13, 2:00PM CDT
At $66 per ounce, silver is trading over $55 below its late January 2026 high. The parabolic rally in 2025 and early 2026 turned into an implosive correction...
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) on Friday fell by -0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell by -0.20%, and the Nasdaq 100 Index ($IUXX...
Barchart · 1 hour ago
Reddit stock rallies ahead of inclusion in the S&P 500 index on August 18. Here’s why the announcement makes RDDT shares worth owning.
Barchart · 1 hour ago
The dollar index (DXY00 ) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to...
Barchart · 1 hour ago
Bill Ackman reveals a fresh stake in Visa stock. Options pricing also suggests V shares will rip higher in the weeks ahead.
Barchart · Fri Aug 14, 2:27PM CDT
Applied Materials shares sink on a Q2 revenue miss, but derivatives market believes AMAT stock will recover in the weeks ahead.
Barchart · Fri Aug 14, 2:26PM CDT
September Nymex natural gas (NGU26 ) on Friday closed up +0.006 (+0.22%). Nat-gas prices closed higher on Friday as forecasts indicated warm US weather...
Barchart · Fri Aug 14, 2:14PM CDT
September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%). Crude oil saw support...
Barchart · Fri Aug 14, 2:04PM CDT
Red Cat stock soars as Trump announces aggressive tariffs on foreign drones. But Wall Street believes RCAT shares will rip higher through the remainder...