Gold Apr '21 (GCJ21)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Friday rose +0.12%. The dollar recovered from a 2-week low on Friday and finished higher.  Tariff tensions resurfaced on Friday, pushing the dollar higher, after President Trump threatened to raise tariffs on European automobile imports to as high as 25%.
The dollar initially moved lower on Friday after crude oil prices fell more than -3%, which eased inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar. The dollar fell to its low on Friday after the release of the weaker-than-expected Apr ISM manufacturing report.Â
Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire. President Trump said he was sticking with a naval blockade of Iran, and Iran’s Supreme Leader, Mojtaba Khamenei, vowed not to give up Iran’s nuclear o... Read more
Blue Line Futures · 7 minutes ago
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 651)
Wavetraders · Mon May 4, 3:40AM CDT
Gold is turning slightly lower after the recent rebound, which unfolded in a corrective manner with a three-wave move into the 4661 area. Now price is...
ONE44 Analytics · Sun May 3, 11:53AM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Barchart · Fri May 1, 2:32PM CDT
The dollar index (DXY00 ) on Friday rose +0.12%. The dollar recovered from a 2-week low on Friday and finished higher. Tariff tensions resurfaced on...
Barchart · Fri May 1, 11:37AM CDT
Crude oil, gasoline, gasoline refining spreads, bitcoin, and cotton futures posted double-digit percentage gains in April, while Rotterdam coal, natural...
Barchart · Fri May 1, 9:35AM CDT
The dollar index (DXY00 ) today is down by -0.33%. The dollar added to Thursday's sharp losses today, falling to a 2-week low. The strength in other...
Barchart · 2 minutes ago
Altria has underperformed the S&P 500 Index over the past year, but analysts are fairly upbeat about the stock’s future prospects.
Barchart · 5 minutes ago
Citigroup has outperformed the broader market over the past year and analysts are fairly bullish about its future outlook.
Barchart · 12 minutes ago
AES Corporation has notably outperformed the broader market over the past year, but analysts remain cautious about the stock’s prospects.
Barchart · 16 minutes ago
Alphabet has outpaced the broader market over the past year, and analysts remain strongly bullish on its outlook.
Barchart · 18 minutes ago
Interactive Brokers Group has rallied the broader market over the past year, and analysts remain highly bullish about the stock’s prospects.
Barchart · 18 minutes ago
Amazon could be the next Magnificent 7 stock to hit a $4 trillion market cap. Here's why.
Barchart · 48 minutes ago
We have Palantir, Advanced Micro Devices, Coinbase, Coreweave, Arista Networks, Arm Holdings, Shopify and Uber Technologies all reporting in what shapes...
Barchart · 1 hour ago
June S&P 500 E-Mini futures (ESM26) are down -0.12%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.10% this morning, pointing to a lower open...
