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Gold Jun '25 (GCM25)

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Gold Futures Market News and Commentary

Dollar Pressured by Sliding Bond Yields and Rising Stocks

The dollar index (DXY00) fell by -0.26% on Tuesday and posted a 6-week low.  The dollar came under pressure on Tuesday amid easing geopolitical concerns that knocked bond yields lower and sparked a rally in stocks.  The US and Iran are in discussions on holding additional negotiations to extend a two-week ceasefire that expires on April 22.  The New York Post reported that President Trump said talks could resume "over the next two days" in Pakistan.  The dollar extended its losses on Tuesday after US March producers rose less than expected.

US Mar PPI final demand rose +0.5% m/m and +4.0% y/y, weaker than expectations of +1.1% m/m and +4.6% y/y.  Mar PPI ex-food and energy rose +0.1% m/m and +3.8% y/y, weaker than expectations of +0.4% m/m and +4.1% y/y.

Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.

The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to... Read more

Puzzle of money by TPopova via iStock
Dollar Pressured by Sliding Bond Yields and Rising Stocks

The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns...

A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Retreats on US-Iran Peace Optimism and Below-Estimate PPI Report

The dollar index (DXY00 ) today fell to a 6-week low and is down by -0.33%. The dollar is under pressure today amid easing geopolitical concerns after...

Silver bullion by SonerCdem via iStock
Silver $77 & Climbing | Is $86 Next? | Three Scenarios to Watch

Silver trades near $77 as markets assess whether $86 is within reach, with Phil Streible breaking down the setup and three scenarios in focus on Metals...

Aluminum by Tom Via Pixabay
Higher Aluminum Prices Are a Win for Alcoa Stock, Says Morgan Stanley. Should You Buy AA Here?

Disruptions in the Middle East have been cited as the primary reason for the firm's upgrade of Alcoa's stock.

Stacked silver bars by Tookapic via Pixabay
Silver Volatility Surges as Global Uncertainty Shakes Metal Markets

Silver made a very sharp decline and dropped more than 40% from the all time highs back in January. This is something we were concerned about, as a higher...

A one dollar bill floating in water by Wirestock via iStock
Dollar Turns Lower After President Trump Said Iran Wants a Deal

The dollar index (DXY00 ) on Monday fell by -0.24%. The dollar gave up an early advance on Monday and fell to a 1.25-month low after stocks recovered...

Stocks Rally on a Push for Diplomacy to End US-Iran War

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index...

Dire Straits: This ETF Is a Must-Watch As Rare Earths Become the Real Boondoggle of the Iran War

All eyes have been on the energy and defense sectors amid the Iran war, but rare earths should be investors' focus. Here's why.

CoreWeave Just Scored a Major Anthropic Data Center Deal. Does That Make CRWV Stock a Buy Here?

CoreWeave’s latest Anthropic win has lifted sentiments. But does this deal create more room for gains, or has the market already priced it in?

Dollar Pressured by Sliding Bond Yields and Rising Stocks

The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns...

Is Alibaba Stock a Buy as It Reveals It's Behind the Viral Happy Horse AI Model?

Alibaba’s surprise connection to a top-ranked viral AI model is reigniting interest in its long-term AI strategy and valuation upside.

Bloom Energy Breaks Into Overbought Territory on Oracle Deal. Is It Too Late to Buy BE Stock?

Bloom Energy stock rallies on expanded deal with Oracle. Here’s why caution is still warranted in playing BE shares at current levels.

Crude Prices Fall on Hopes Diplomacy Can End US-Iran War

May WTI crude oil (CLK26 ) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26 ) closed down -0.0765 (-2.46%). Crude oil and gasoline...

The Outlook for an Expanding Storage Surplus Weighs on Nat-Gas Prices

May Nymex natural gas (NGK26 ) on Tuesday closed down -0.028 (-1.07%). Nat-gas prices continued their 5-week selloff on Tuesday, dropping to a 17-month...

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