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Gold Jun '26 (GCM26)

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Gold Futures Market News and Commentary

Dollar Gains on Better-Than-Expected US Economic News

The dollar index (DXY00) today is up by +0.12%.  The dollar is moving higher today, supported by stronger-than-expected US economic reports on May retail sales and May pending home sales. Also, short covering ahead of today's conclusion of the 2-day FOMC meeting is supportive of the dollar. 

The dollar's focus will turn to the conclusion of the 2-day FOMC meeting today, the first under the leadership of new Fed Chair Kevin Warsh.  While the Fed is expected to keep interest rates unchanged, the spotlight will be on how Mr. Warsh navigates the post-meeting press conference and the outlook for inflation.

US May retail sales rose +0.9% m/m, stronger than expectations of +0.6% m/m.  Also, May retail sales ex-autos rose +0.8% m/m, stronger than expectations of +0.6% m/m.

US May pending home sales rose +3.8% m/m, stronger than expectations of +0.9% m/m and the biggest increase in 20 months.

The swaps markets are discounting the odds at 5% for a +25 bp rate cut hike... Read more

A U_S_ banknote that is digitally warped by Ruslan Lytvyn via Shutterstock
Dollar Gains on Better-Than-Expected US Economic News

The dollar index (DXY00 ) today is up by +0.12%. The dollar is moving higher today, supported by stronger-than-expected US economic reports on May retail...

Silver bullion by SonerCdem via iStock
Warsh Takes the Mic Today | Gold Eyes $4,400 | Silver Anchored at $70 | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 684)

A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Slips on Weak US Housing News and Lower Crude Prices

The dollar index (DXY00 ) on Tuesday fell by -0.12%. Tuesday’s weaker-than-expected US May housing starts and building permits reports undercut the...

Gold bullion stacked by Steve Bidmead via Pixabay
Geopolitics Moved Gold For A Day. Technicals Moved It For A Quarter.

Plus War's Summary and it's surprising impact on gold.

Opened wallet with US dollars on table by olyasolod via Adobe Stock
Dollar Little Changed on Weak US Housing News

The dollar index (DXY00 ) is little changed today. Weaker-than-expected reports today on US May housing starts and building permits are undercutting the...

Silver bars stacked by Walter Freudling via Pixabay
Gold & Silver Rise Overnight | Is a 20% Rally Next? | Copper Slips on China Data | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 683

RTX Stock Has Carved Out a New Price Floor and Is Headed Higher. The Chart Says More Gains Are Likely in Store.

RTX (RTX) shares have successfully carved out a robust, multi-week price floor, and now appear to have a higher trajectory. The stock currently carries...

Dollar Gains on Better-Than-Expected US Economic News

The dollar index (DXY00 ) today is up by +0.12%. The dollar is moving higher today, supported by stronger-than-expected US economic reports on May retail...

Why Soybean Meal Is a Value Buy Here as Prices Rebound

September soybean meal futures present a value-buying opportunity on more price strength.

Stocks Supported by Chip Stock Strength and Strong US Retail Sales

The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ...

Salesforce Acquires AI Agent Firm Fin for $3.6 Billion to Expand Agentforce. CRM Stock Could Double Over the Next 4 Years.

Salesforce acquires AI agent firm Fin for $3.6 billion, adding a customer service agent that resolves 76% of support queries to its Agentforce platform....

Carnival Corporation Stock: Is CCL Outperforming the Consumer Cyclical Sector?

Carnival Corporation has rallied the consumer cyclical sector over the past year, and analysts remain highly bullish about its prospects.

What to Know as Mobileye Stock Announces Robotaxi Expansion Plans

Mobileye shares extend gains as the company reveals plans of a robotaxi fleet rollout. Here’s why the announcement is largely bullish for MBLY stock....

Nvidia Books Massive $85 Billion in Orders for Jumbo Bond Sale. What That Means for NVDA Stock.

Nvidia pulled off a rare $25 billion bond sale, drawing over $85 billion in orders as investors scramble for AI exposure. Here is what it means for the...

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