Gold May '10 (GCK10)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Friday fell by -0.19%. The dollar was under pressure on Friday after the S&P 500 rallied to a new all-time high, curbing liquidity demand for the dollar. Also, the University of Michigan's US May consumer sentiment index fell more than expected to a record low. In addition, strength in the Chinese yuan weighed on the dollar today after the yuan rallied to a 3-year high. Finally, strength in EUR/USD is negative for the dollar after hawkish ECB comments pushed the euro higher.Â
Friday's US payroll report was mixed for the dollar after nonfarm payrolls rose more than expected, but hourly earnings rose less than expected.Â
In the latest developments in the Middle East, Iran's semi-official Tasnim news agency said Iran seized an oil tanker on Friday in the Strait of Hormuz for "attempting to disrupt oil exports and the interests of the Iranian nation." Also, US forces targeted missile and drone launch sites and other military assets in Iran tha... Read more
Barchart · Fri May 8, 2:33PM CDT
The dollar index (DXY00 ) on Friday fell by -0.19%. The dollar was under pressure on Friday after the S&P 500 rallied to a new all-time high, curbing...
Barchart · Fri May 8, 10:15AM CDT
COMEX copper futures have been trading around a $6 pivot point since reaching a record high in late January 2026 and correcting. The consolidation and...
Barchart · Fri May 8, 9:49AM CDT
The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today after the University of Michigan’s US May consumer sentiment index...
Gold Price Forecast · Fri May 8, 8:39AM CDT
And you can profit on it.
Blue Line Futures · Fri May 8, 6:18AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 655)
Barchart · Thu May 7, 2:43PM CDT
The dollar index (DXY00 ) on Thursday rose by +0.14%. The dollar recovered from early losses on Thursday and moved higher after stocks gave up early gains...
Barchart · Sat May 9, 11:00AM CDT
As AI demand keeps rising, Super Micro wants to pair its servers with nuclear-powered energy solutions to tackle growing power needs – a move that could...
Barchart · Sat May 9, 11:00AM CDT
McDonald's stock gains following strong Q1 results led by its new Big Arch burger.
Barchart · Sat May 9, 10:30AM CDT
Google is dominating in the AI race, and its financials are showing exactly that.
Barchart · Sat May 9, 10:00AM CDT
Bill Ackman’s high-profile Pershing Square USA IPO quickly slid below its offering price, and while he attributes the selloff to retail-driven technical...
Barchart · Sat May 9, 10:00AM CDT
Dell is gaining even more momentum after Mizuho lifted its price target to $260, betting on company’s potential in the booming agentic AI era.
Barchart · Sat May 9, 9:00AM CDT
ETFs representing bets on Japan, China, South Korea, and Taiwan are powering higher in 2026.
Barchart · Sat May 9, 9:00AM CDT
Lucid Group is increasingly being judged on its Uber-backed robotaxi ambitions rather than its struggling luxury EV business.
Barchart · Sat May 9, 8:30AM CDT
Costco rode Strait of Hormuz jitters straight into overflowing carts, turning anxious shoppers into April’s biggest sales engine.
