Gold May '14 (GCK14)
Gold Futures Market News and Commentary
The dollar index (DXY00) rallied to a 6-week high today and is up by +0.31%.  Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz are boosting safe-haven demand for the dollar today after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in Iran. Also, today's +2% jump in WTI crude oil raises inflation expectations that could prompt the Fed to tighten monetary policy, a bullish factor for the dollar. In addition, today's stock weakness has boosted some liquidity demand for the dollar. The dollar added to its gains today after the US May manufacturing PMI expanded at its strongest pace in four years.
Today's US economic news is mixed for the dollar after manufacturing and housing activity were better than expected, but the May Philadelphia Fed business outlook survey fell more than expected to a 5-month low.
US weekly initial unemployment claims fell -3,000 to 209,000, close to expectations of 210,000.
US Apr housing... Read more
Barchart · Thu May 21, 9:36AM CDT
The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz...
Blue Line Futures · Thu May 21, 6:11AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 664)
Barchart · Wed May 20, 2:38PM CDT
The dollar index (DXY00 ) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved...
Barchart · Wed May 20, 9:36AM CDT
The dollar index (DXY00 ) fell from a 6-week high today and is down by -0.09%. The dollar gave up an early advance today and moved lower after crude oil...
Blue Line Futures · Wed May 20, 6:27AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 663)
Barchart · Wed May 20, 5:32AM CDT
A look at markets and news headlines early Wednesday morning shows sometimes puzzle pieces don't necessarily fit the way we expect.
Barchart · 29 minutes ago
Despite Pinnacle West's underperformance relative to the SPX over the past year, Wall Street analysts maintain a moderately optimistic outlook about the...
Barchart · 38 minutes ago
Even after a staggering 535% rally in 2026, Sandisk continues to attract bullish bets from billionaire investor David Tepper.
Barchart · 47 minutes ago
Nvidia reported strong Q1 2027 results, beating revenue and earnings estimates and raising 2027 guidance. Unusual options activity ahead of the release...
Barchart · 56 minutes ago
The wheat complex is trading with weakness on Thursday. Chicago SRW futures are down 8 to 9 cents at midday. KC HRW futures are showing 5 to 6 ½ cent...
Barchart · 56 minutes ago
Soybeans are trading with 2 to 4 cent losses in most contracts on Thursday. The cmdtyView national average Cash Bean price is down 3 1/4 cents at $11.34...
Barchart · 56 minutes ago
Corn futures are trading with contracts steady to fractionally higher on Thursday. The CmdtyView national average Cash Corn price is up 3/4 cent to $4.26...
Barchart · 56 minutes ago
Live cattle futures are $3 to $4.90 across most contracts on Thursday. Cash trade has been limited so far this week with a few $260 sales in KS and $265...
Barchart · 56 minutes ago
Lean hog futures are down $1.65 to $1.92 across most contracts on Thursday. USDA’s national base hog price was not reported on Thursday morning due to...
