Gold Jun '27 (GCM27)
Gold Futures Market News and Commentary
The dollar index (DXY00) is down by -0.24% today and just above Wednesday's 4-week low.  Weaker-than-expected US economic news today is weighing on the dollar. Q4 GDP was unexpectedly revised lower, Feb personal income and spending rose less than expected, and weekly jobless claims rose more than expected to an 8-week high.Â
Losses in the dollar are limited as doubts about the sustainability of the US-Iran ceasefire weigh on stocks and boost liquidity demand for the dollar. Also, today's +4% jump in WTI crude oil prices raises inflation expectations, hawkish for Fed policy, and supportive of the dollar.
US weekly initial unemployment claims rose by +16,000 to an 8-week high of 219,000, showing a weaker labor market than expectations of 210,000.
US Feb personal spending rose +0.5% m/m, weaker than expectations of +0.6% m/m. Feb personal income unexpectedly fell -0.1% m/m, weaker than expectations of +0.3% m/m and the first decline in nine months.
The US Feb... Read more
Barchart Thu Apr 9, 9:38AM CDT
The dollar index (DXY00 ) is down by -0.24% today and just above Wednesday's 4-week low. Weaker-than-expected US economic news today is weighing on the...
Blue Line Futures Thu Apr 9, 8:58AM CDT
Oil moves higher while gold and silver hold steady, with Phil Streible breaking down the key oil contract in focus and the broader market setup on Metals...
Barchart Wed Apr 8, 2:34PM CDT
The dollar index (DXY00 ) on Wednesday fell by -0.71% and posted a 4-week low. The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire,...
Barchart Wed Apr 8, 9:37AM CDT
The dollar index (DXY00 ) is sharply lower today by 1.13% at a 4-week low. The dollar is plummeting today after the US and Iran agreed to a ceasefire,...
Blue Line Futures Wed Apr 8, 8:14AM CDT
Gold and silver move higher overnight as markets assess the next direction, with Phil Streible breaking down the metals setup and key levels in focus on...
Barchart Tue Apr 7, 2:32PM CDT
The dollar index (DXY00 ) on Tuesday fell by -0.11%. The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a...
Barchart 1 minute ago
Watch out for the "Supercalifragilisticexpialidocious" El Niño headed our way this year.
Barchart 28 minutes ago
Amazon is rolling out a 3.5% fuel surcharge on fulfillment orders. Is AMZN stock a buy, sell or hold now?
Barchart 46 minutes ago
Lean hog futures are up a quarter in soon to expire April, with other contracts steady to a dime lower. USDA’s national base hog price was reported at...
Barchart 46 minutes ago
Cotton futures are trading with 127 to 150 point gains at Thursday’s midday. The outside markets are generally supportive, with the US dollar index is...
Barchart 46 minutes ago
Soybeans are showing 1 to 3 cent gains at Thursday’s midday. The cmdtyView national average Cash Bean price is up 3 1/4 cents at $10.97. Soymeal futures...
Barchart 46 minutes ago
Corn futures are trading with 3 to 5 cent losses at Thursday’s midday, as USDA showed increased world stocks. The CmdtyView national average Cash Corn...
Barchart 46 minutes ago
Live cattle futures are showing contracts within 20 cents of unchanged at Thursday’s midday. Cash trade saw some light trade at $246 in the South, steady...
Barchart 46 minutes ago
The wheat complex is slipping on Thursday, following an increased stocks number from USDA on Thursday. Chicago SRW futures are 9 to 11 cents in the red...
