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Gold Apr '22 (GCJ22)

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Gold Futures Market News and Commentary

Dollar Advances with US-Iran Talks in Limbo

The dollar index (DXY00) on Tuesday rose by +0.29% and posted a 1-week high.  The dollar moved higher on Tuesday on the stronger-than-expected US Mar retail sales and Mar pending home sales reports.  The dollar gained further on Tuesday after stock prices slumped when Vice President Vance's trip to Pakistan to meet Iranian negotiators was put on hold after Iran failed to respond to US negotiating positions.

The dollar also has support on signs that Fed Chair nominee Kevin Warsh will support an independent Fed and prioritize low inflation.  Fed Chair nominee Warsh's prepared statement before the Senate Banking Committee said he is committed to ensuring that the conduct of monetary policy remains "strictly independent" and to keeping inflation in check, stating that price stability is a mandate for the Fed "without excuse or equivocation."   

US Mar retail sales rose +1.7% m/m, stronger than expectations of +1.4% m/m and the biggest increase in a year.  Also, Mar retail sa... Read more

Holding money bunched in fist by Iana Miroshnichenko via iStock
Dollar Advances with US-Iran Talks in Limbo

The dollar index (DXY00 ) on Tuesday rose by +0.29% and posted a 1-week high. The dollar moved higher on Tuesday on the stronger-than-expected US Mar...

Image by Karolina Kaboompics via Pexels
Dollar Climbs on Strong US Economic Reports

The dollar index (DXY00 ) today is up by +0.09%. The dollar is climbing today on a stronger-than-expected US Mar retail sales and Mar pending home sales...

Silver bullion by SonerCdem via iStock
Flashback: Silver Wave-4 Swing Low Triggered Rally as War Risks Fueled Safe Havens

Fourth waves are typically corrective and often retrace back into previous support zones, which is why they can offer good trading opportunities within...

Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Weakens on Hopes US-Iran Peace Talks to Resume

The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar gave up an early advance on Monday and turned lower after the New York Post reported that...

Gold bars in a neat row by PublicDomainPictures via Pixabay
Gold's Outlook Given The Deal That Lasted One Day

This is yet another time when gold failed to hold above its 50% retracement, and it has consequences.

Pile of money with hands by Sergey Nazarov via iStock
Dollar Climbs as US-Iran War Tensions Rise

The dollar index (DXY00 ) today is up by +0.08%. The dollar is climbing today on ramped-up tensions in the Middle East after Iran on Saturday said the...

Tesla Is Ramping Up Hiring for Its Taiwan Terafab. Does That Make TSLA Stock a Buy Now?

Tesla’s Terafab hiring push reinforces that it is serious about building its own AI‑chip stack for FSD, robotaxis, Optimus, and space‑based compute,...

Crude Oil Prices Rally as US-Iran Talks on Hold

May WTI crude oil (CLK26 ) on Tuesday closed up +2.52 (+2.81%), and May RBOB gasoline (RBK26 ) closed up +0.0930 (+2.98%). Crude oil and gasoline prices...

Nat-Gas Prices Recover on Carry Over Support from Crude Oil

May Nymex natural gas (NGK26 ) on Tuesday closed up +0.008 (+0.30%). Nat-gas prices on Tuesday erased early losses and moved higher as a rally in crude...

Missed Nvidia? AMD Could Be Your Second Chance to Earn Massive AI Gains

AMD could be the next big AI opportunity after Nvidia’s historic run.

Why Have Gasoline and Heating Oil Futures Diverged?

Crude oil prices have been a focal point for markets across all asset classes. As crude oil prices rose in response to the military conflict in Iran and...

‘Treasury Market Shock’: Why This Former Treasury Secretary Warns That a Major Crisis Could Be Brewing in U.S. Government Debt

Former U.S. Treasury Secretary Henry Paulson says the United States could face a huge drop in demand for Treasurys.

TSLA Stock Catalyst: Get Ready for a Larger Model Y

Tesla stock is gaining attention as a new Model Y variant and major AI-driven investments reshape its growth narrative.

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