Gold May '25 (GCK25)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Wednesday rose to a 1-week high and finished up by +0.20%. The dollar found support on Wednesday as the escalation of the US-Iran war boosted safe-haven demand for the dollar. Iran seized two ships on Wednesday in the Strait of Hormuz for "endangering maritime security," and the UK Navy said Islamic Revolutionary Guard Corps gunboats fired upon two other cargo ships.
Gains in the dollar were limited on Wednesday after a rally in stocks reduced liquidity demand for the dollar, following President Trump's announcement that he will indefinitely extend the ceasefire with Iran.Â
Planned talks between the US and Iran were called off late Tuesday, and President Trump said he will extend the ceasefire with Iran up to five days, and the US naval blockade of the Strait of Hormuz will remain. Iran said it will not reopen the strait, or restart peace talks until the US blockade ends.
Swaps markets are discounting the odds at 1% for a +25 bp rate... Read more
Barchart · Wed Apr 22, 2:36PM CDT
The dollar index (DXY00 ) on Wednesday rose to a 1-week high and finished up by +0.20%. The dollar found support on Wednesday as the escalation of the...
Barchart · Wed Apr 22, 12:56PM CDT
Diamonds may be a girl's best friend, but they're your portfolio's worst nightmare. Diamond prices are caving in, and it doesn't look like they're going...
Barchart · Wed Apr 22, 10:56AM CDT
Let’s look at the key outside markets and their present daily price impacts on gold and silver.
Barchart · Wed Apr 22, 9:38AM CDT
The dollar index (DXY00 ) today is down by -0.03%. The dollar gave up an early advance today and turned lower after a rally in stocks reduced liquidity...
Gold Price Forecast · Wed Apr 22, 8:16AM CDT
Technicals and fundamentals align - and it doesn't look good for the precious metals in the medium term.
Barchart · Tue Apr 21, 2:39PM CDT
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...
Barchart · 1 hour ago
Smurfit Westrock is scheduled to release its fiscal first-quarter earnings this month, and analysts project a double-digit profit drop.
Barchart · Wed Apr 22, 6:30PM CDT
Citigroup's financial performance has been impressive over the last couple of years as its transformation under CEO Jane Fraser is bearing fruit. Is the...
Barchart · Wed Apr 22, 5:10PM CDT
Live cattle futures pulled off the early session lows on Wednesday, still closing with losses of 40 cents to $1.32. Early cash trade this week has come...
Barchart · Wed Apr 22, 5:10PM CDT
Lean hog futures were down 35 to 57 cents in the front months on Wednesday, with other contracts up 40 cents to $1.10. USDA’s national base hog price...
Barchart · Wed Apr 22, 5:10PM CDT
The wheat complex was lower across the three markets in the midweek session. Chicago SRW futures closed the Wednesday session with contracts down 2 to...
Barchart · Wed Apr 22, 5:10PM CDT
Soybeans rounded out the Wednesday session with contract slipping into the close, down 4 to 11 ¼ cents on the day. The cmdtyView national average Cash...
Barchart · Wed Apr 22, 5:10PM CDT
Cotton futures were under pressure on Wednesday, with contracts falling back 135 to 225 points across the front months. The US dollar index was 0.209 higher...
Barchart · Wed Apr 22, 5:10PM CDT
Corn futures closed the Wednesday session with front months fractionally to 1 ¼ cents higher and some deferreds steady to fractionally lower. May options...
