Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | More
or

Gold Jun '15 (GCM15)

Get Barchart Premier
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [COMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Gold Futures Market News and Commentary

Precious Metals Close Lower on Hawkish Fed Commentary Along with Demand Concerns for Industrial Metals

Dec Comex gold (GCZ19) on Thursday closed down -7.2 (-0.48%), and Sep silver (SIU19) closed down -0.111 (-0.65%). Metals prices fell back Thursday on hawkish Fed comments and weak U.S. manufacturing data that bolstered concern about industrial metals demand. Hawkish Fed comments on Thursday weighed on gold prices when Kansas City Fed President George said the U.S. economy "doesn't need more accommodation without seeing an outlook that suggests the economy is getting weaker." Also, Philadelphia Fed President Harker said today that "the labor market is strong, and inflation is moving up slowly" and that he's "on hold" right now for further Fed rate cuts. Higher global government bond yields on Thursday are negative for gold prices since higher yields weigh on demand for gold as a store of value. The 10-year German bund yield rose to a 1-week high today of -0.617% after today's data showed that the Eurozone Aug Markit manufacturing PMI unexpectedly rose +0.5 to 47.0, stronger than expectations of -0.3 to 46.2. The 10-year UK gilt yield today rose to a 2-week high of 0.534% on reduced safe-haven demand on some optimism about a Brexit deal after some favorable comments today from Chancellor Merkel and French President Macron. Thursday's minutes of the July 24-25 ECB meeting were positive for gold as they stated policy makers agreed the Eurozone's economic slowdown was likely to be more protracted than expected and that the prospects for global trade "remained poor." The somber outlook may push the ECB to boost stimulus measures that are bullish for gold prices. Thursday's U.S. economic data was mixed for metals prices. Weekly initial unemployment claims fell -12,000 to 209,000, showing a stronger labor market than expectations of -4,000 to 216,000. However, the Aug Markit manufacturing PMI unexpectedly fell -0.5 to 49.9, weaker than expectations of +0.1 to 50.5 and the first time manufacturing activity contracted in nearly 10 years, which boosted demand concerns for industrial metals and is negative for silver prices. However, the weak manufacturing data may prompt the Fed to keep cutting interest rates and is a bullish development for gold. U.S./China trade tensions remain high, which is bullish for gold, after the yuan fell to a new 11-1/4 year low against the dollar Thursday of 7.0965 yuan/USD. Ongoing trade and geopolitical tensions, along with dovish central bank expectations, have sparked fund buying of precious metals as long gold positions in ETFs rose to a 6-1/4 year high Wednesday and long silver positions in ETFs rose to a new record high Wednesday.

Contract Specifications

See More
Contract
Gold 100-oz
Contract Size
100 fine troy ounces
Tick Size
0.10 (10 cents) per troy ounce ($10.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 7:20a.m. - 12:30p.m.) (Settles 12:30p.m.) CST
Exchange
COMEX
Point Value
$100
Margin/Maintenance
$4,950/4,500
First Notice Date
05/29/15
Expiration Date
06/26/15 (expired)

Seasonal Chart

Gold Jun '15
Average Price Chart for 5 Prior Jun Contracts

Commitment of Traders Positions as of Aug 13, 2019

View Chart Details
Commercials - Long / Short
136,823 (-187)
460,550 (-785)
Non-Commercials - Long / Short
346,223 (-4,335)
56,133 (-1,880)
Producers - Long / Short
20,942 (-635)
159,798 (-1,109)
Swap Dealers - Long / Short
96,263 (-1,371)
281,134 (-1,495)
Managed Money - Long / Short
245,631 (-3,056)
22,020 (+166)
Other Reportables - Long / Short
100,592 (-1,279)
34,113 (-2,046)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
1,164.0 +0.76%
on 06/05/15
1,204.0 -2.58%
on 06/01/15
-14.0 (-1.18%)
since 05/26/15
3-Month
1,164.0 +0.76%
on 06/05/15
1,232.0 -4.80%
on 05/18/15
-32.8 (-2.72%)
since 03/26/15
52-Week
1,134.1 +3.42%
on 11/07/14
1,346.2 -12.87%
on 07/10/14
-146.4 (-11.10%)
since 06/26/14

More Gold Quotes

All Futures
Please wait...

Most Recent Stories

More News
Silver - Special Update - Blue Line Futures

Silver - What's Up.... Fundamentals, Technicals and actionable Bias/Levels

Jackson Hole Unfolding - Blue Line FX Rundown

Fed Chair Powell speaks tomorrow morning at Jackson Hole. Todays currency market was quiet as traders ready for the impact of his comments. Lets take a look at the landscape ahead of his speech; Dollar,...

The Trend Trader For Futures Trading on Friday, August 23, 2019

The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a...

Precious Metals Close Lower on Hawkish Fed Commentary Along with Demand Concerns for Industrial Metals

Dec Comex gold (GCZ19) on Thursday closed down -7.2 (-0.48%), and Sep silver (SIU19) closed down -0.111 (-0.65%). Metals prices fell back Thursday on hawkish Fed comments and weak U.S. manufacturing data...

Midday Market Minute

Stocks are bouncing back from session lows. What caused the volatility across the board in ES, NQ, Crude and Gold and what are the levels to trade?

What Will Jackson Hole Bring to Us and Gold?

The 2019 Economic Symposium in Jackson Hole has begun! On Friday, well hear Jerome Powell discuss the latest monetary policy shifts. How will it affect the gold market?

Precious Metals Lower as Strength in Stocks Curbs Safe-Haven Demand

Dec Comex gold (GCZ19) this morning is down -4.0 (-0.26%), and Sep silver (SIU19) is down -0.056 (-0.33%). Metals prices are weaker today as strength in stocks undercuts safe-haven demand for precious...

Trading the Noise - Blue Line Morning Express

ES, NQ, Crude, Gold. Actionable research out early each morning to brokerage clients with full technicals.

Trading Coach - Actionable Market Levels - Aug 22 2019

Actionable Trade Levels and Commentary

Complimentary core playbook for the day session Thursday

We present our core playbook for the day.

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 88% Sell with a Strengthening short term outlook on maintaining the current direction.

Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

The market is approaching oversold territory. Be watchful of a trend reversal.

See More Share

Key Turning Points

2nd Resistance Point 1,174.5
1st Resistance Point 1,173.7
Last Price 1,172.9s
1st Support Level 1,171.3
2nd Support Level 1,169.7

See More

52-Week High 1,346.2
Fibonacci 61.8% 1,265.2
Fibonacci 50% 1,240.2
Fibonacci 38.2% 1,215.1
Last Price 1,172.9s
52-Week Low 1,134.1

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar