Gold Apr '26 (GCJ26)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US June payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar was also under pressure on Thursday after WTI crude fell to a 4.25-month low, which lowers inflation expectations and is dovish for Fed policy. The dollar found some support after weekly jobless claims unexpectedly declined and after May factory orders fell less than expected.
US Jun nonfarm payrolls rose +57,000, weaker than expectations of +113,000, and May nonfarm payrolls were revised lower to +129,000 from the originally reported +172,000. The Jun unemployment rate unexpectedly fell -0.1 to a 1-year low of 4.2%, showing a stronger labor market than expectations of no change at 4.3%.
US Jan average hourly earnings rose +0.3% m/m and +3.5% y/y, right on expectations.
US weekly initial unemployment... Read more
Barchart · Thu Jul 2, 2:32PM CDT
The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US...
Barchart · Thu Jul 2, 2:00PM CDT
Gold has been in a bearish trend since reaching its record high of $5,626.80 per ounce on January 29, 2026. While the short-term chart remains bearish,...
Barchart · Thu Jul 2, 9:35AM CDT
The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report,...
Blue Line Futures · Thu Jul 2, 6:28AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 693)
Barchart · Thu Jul 2, 6:25AM CDT
There is plenty for the markets to take in this last trading day of the week.
Barchart · Wed Jul 1, 2:34PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.19%. The dollar moved higher on Wednesday as T-note yields rose after Fed Chair Warsh provided no guidance...
Barchart · 53 minutes ago
Tesla stock sinks as profitability concerns outweigh the strong Q2 delivery report. Oppenheimer continues to recommend caution on TSLA shares.
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed unchanged, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.14%, and the Nasdaq 100 Index...
Barchart · 1 hour ago
Rivian stock rallies on better-than-expected Q2 deliveries and raised full-year outlook. Canaccord reiterated its bullish view on RIVN shares today.
Barchart · 1 hour ago
Microsoft shares soar as the behemoth announces a $2.5 billion investment in a new initiative, Microsoft Frontier Co. But does that warrant buying MSFT...
Barchart · 1 hour ago
Robinhood shares rallied on the official mainnet launch of Robinhood Chain. Mizuho believes HOOD stock will rip higher from here as the year unfolds.
Barchart · 1 hour ago
SanDisk stock dipped 10% on Wednesday, but Bank of America sees more upside on the AI storage stock.
Barchart · 1 hour ago
Palantir stock gains as D. A. Davidson upgrades it to “Buy.” Here’s why analyst Gil Luria recommends buying PLTR shares at current levels.
Barchart · Thu Jul 2, 2:53PM CDT
Micron's $250 million Trump Accounts commitment is drawing attention, but AI memory demand remains the biggest driver of the stock's long-term outlook....