Gold Apr '23 (GCJ23)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Thursday fell from a 7-week high and finished down -0.18%. The dollar gave up early gains and turned lower today on weaker-than-expected US economic news that is dovish for Fed policy.  Weekly jobless claims rose more than expected, Apr capital goods new orders nondefense ex-aircraft and parts unexpectedly declined, Q1 GDP was revised lower, and the Apr core PCE price index, the Fed’s preferred inflation gauge, rose as expected. Also, Apr new home sales fell more than expected. The dollar added to its losses after the S&P 500 rallied to a new record high after Axios reported that the US and Iran had reached a tentative peace deal, pending President Trump’s approval.
The dollar initially moved higher on Thursday after US forces shot down four Iranian drones fired at a commercial ship and hit a launch site near the Strait of Hormuz, which boosted safe-haven demand for the dollar. Also, hawkish comments from Fed Governor Lisa Cook, Minneapolis Fed... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) on Thursday fell from a 7-week high and finished down -0.18%. The dollar gave up early gains and turned lower today on weaker-than-expected...
Barchart · Thu May 28, 9:35AM CDT
The dollar index (DXY00 ) today fell from a 7-week high and is down -0.13%. The dollar gave up an early advance and turned lower today on weaker-than-expected...
Blue Line Futures · Thu May 28, 6:31AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 669)
Barchart · Wed May 27, 2:34PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.03%. The dollar recovered from early losses on Wednesday and posted modest gains on conflicting signals...
Barchart · Wed May 27, 9:41AM CDT
The dollar index (DXY00 ) today is down by -0.11%. The dollar is under pressure today amid a -4% plunge in crude oil prices to a 5-week low, which lowers...
Gold Price Forecast · Wed May 27, 7:46AM CDT
The fact that gold declined so much on "nothing" is truly profound.
Barchart · 3 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.05%, and the Nasdaq 100 Index...
Barchart · 14 minutes ago
Wix.com has announced plans of lowering headcount by 20%. Here’s what it means for WIX shares in 2026.
Barchart · 37 minutes ago
Qualcomm’s AI ambitions just got a major validation as a blockbuster ByteDance deal sends the smartphone chip giant to fresh record highs.
Barchart · 40 minutes ago
Arm is priced for immortality with a staggering valuation that treats its silicon IP as an eternal asset, but a paradigm shift to fundamentally new computing...
Barchart · 49 minutes ago
TSMC CEO pledges 30%+ staff bonuses as Q1 revenue hits $35.9 billion and AI demand surges. Here's why TSM stock looks like a long-term winner for investors....
Barchart · 1 hour ago
The dollar index (DXY00 ) on Thursday fell from a 7-week high and finished down -0.18%. The dollar gave up early gains and turned lower today on weaker-than-expected...
Barchart · 1 hour ago
While Berkshire Hathaway exited Amazon in Q1, Bill Ackman's Pershing Square doubled down on the stock. How should investors play Amazon stock?
Barchart · 1 hour ago
July WTI crude oil (CLN26 ) on Thursday closed up +0.22 (+0.25%), and July RBOB gasoline (RBN26 ) closed up +0.0339 (+1.11%). Crude oil and gasoline prices...
