Gold Jun '26 (GCM26)
Gold Futures Market News and Commentary
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 dollar. Also, Tuesday’s -5% fall in WTI crude oil to a 3.5-month low was bearish for the dollar, as it lowers inflation expectations and could prompt the Fed to pursue easier monetary policy. The dollar has some negative carryover from Monday when the US and Iran announced a deal to end the war, which curbed safe-haven demand for the dollar.
The dollar’s focus will turn to the 2-day FOMC meeting that began on Tuesday and will be 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 housing starts fell -15.4% m/m to a 6-year low of 1.177 million, weaker than expectations of 1.430 million. May building permits, a proxy for future construct... Read more
Blue Line Futures · Wed Jun 17, 6:19AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 684)
Barchart · Tue Jun 16, 2:34PM CDT
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 Price Forecast · Tue Jun 16, 9:59AM CDT
Plus War's Summary and it's surprising impact on gold.
Barchart · Tue Jun 16, 9:34AM CDT
The dollar index (DXY00 ) is little changed today. Weaker-than-expected reports today on US May housing starts and building permits are undercutting the...
Blue Line Futures · Tue Jun 16, 6:12AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 683
Barchart · Mon Jun 15, 2:50PM CDT
Platinum quotes are diving amid a broader liquidation, but the physical reality tells a different story. Global primary production has shrunk while new...
Barchart · 1 minute ago
As Cboe Global Markets has struggled to keep pace with the broader S&P 500 Index over the past year, analysts are cautious about its future growth prospects....
Barchart · 14 minutes ago
While Darden Restaurants has underperformed the Dow Jones Industrial Average over the past year, analysts remain moderately bullish on its long-term outlook....
Barchart · 19 minutes ago
While Apollo Global Management stock has trailed the broader Nasdaq Composite over the past year, Wall Street maintains a fairly bullish stance on the...
Barchart · 25 minutes ago
The Anthropic news is promising, while Fifth Third's acquisition of Comerica is positive and the valuation of FITB stock appears low.
Barchart · 26 minutes ago
Waters Corporation has lagged behind the broader health care sector over the past year, but analysts remain fairly bullish about its future prospects.
Barchart · 30 minutes ago
While Omnicom has underperformed its industry peers over the past year, Wall Street analysts remain moderately optimistic about its prospects.
Barchart · 59 minutes ago
Lean hog futures were down 30 cents to $1.77 in the nearbys, with some deferred contracts December and beyond, up a tick to 30 cents. Front months were...
Barchart · 59 minutes ago
Wheat is showing double digit gains in the winter wheat contracts so far on Wednesday morning. The wheat complex posted mixed trade on Tuesday, as the...