Gold Aug '22 (GCQ22)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Tuesday rose by +0.02%. The dollar recovered from early losses on Tuesday and moved slightly higher after US Apr JOLTS job openings unexpectedly rose to a 23-month high, a hawkish factor for Fed policy. Also, hawkish comments from Cleveland Fed President Beth Hammack boosted the dollar when she said the Fed’s benchmark rate “may not be restrictive,” and “if recent data trends continue, it may soon be appropriate for policy to act to address the growing risk of persistently elevated inflation.” In addition, Tuesday’s +1% jump in crude oil prices raised inflation expectations, a hawkish factor for Fed policy.
The dollar initially moved lower on Tuesday after comments from President Trump reduced safe-haven demand for the dollar when he said that negotiations with Iran are continuing “at a rapid pace” and he’s optimistic the US can reach an interim peace deal with Iran” over the next week.” Also, lower T-note yields on Tuesday weakened the dollar’s... Read more
Barchart · Tue Jun 2, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.02%. The dollar recovered from early losses on Tuesday and moved slightly higher after US Apr JOLTS job...
Barchart · Tue Jun 2, 2:00PM CDT
Gold’s price dropped by over $1,500 per ounce from the late January record high to the March low. In April and May, gold prices have consolidated in...
Barchart · Tue Jun 2, 9:34AM CDT
The dollar index (DXY00 ) today is down by -0.04%. Comments from President Trump have reduced safe-haven demand for the dollar when he said that negotiations...
Blue Line Futures · Tue Jun 2, 6:04AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 672)
Barchart · Mon Jun 1, 2:50PM CDT
The dollar index (DXY00 ) on Monday rose by +0.28% on safe-haven demand after Iran said it had halted ceasefire talks with the US, which raised the potential...
Barchart · Mon Jun 1, 10:02AM CDT
A stronger dollar, weaker bonds, and uncertainty on the economic and geopolitical landscapes weighed on many commodities in May 2026. Many commodities...
Barchart · 42 minutes ago
While Chipotle Mexican Grill has underperformed relative to its peers over the past year, Wall Street analysts maintain a moderately optimistic outlook...
Barchart · 1 hour ago
Despite Blackstone's underperformance relative to the financial sector over the past year, Wall Street analysts maintain a moderately optimistic outlook...
Barchart · Tue Jun 2, 6:30PM CDT
Accenture stock has recovered from its 2026 lows as "AI-pocalypse" fears have somewhat subsided. Can the stock continue to rise further?
Barchart · Tue Jun 2, 5:26PM CDT
Lean hog futures closed the Tuesday session with contracts 35 cents to $1.80 higher. USDA’s national base hog price was reported at $95.57 on Tuesday...
Barchart · Tue Jun 2, 5:26PM CDT
Cotton futures posted gains of 38 to 73 points in most contracts on Tuesday. The US dollar index was up $0.023 at $99.170. Crude Oil was $1.23 higher to...
Barchart · Tue Jun 2, 5:26PM CDT
The wheat complex posted Tuesday losses across all three exchanges at the close. Chicago SRW futures were 1 ¼ to 5 3/4 cents lower at the close. KC HRW...
Barchart · Tue Jun 2, 5:26PM CDT
Corn futures closed the Tuesday session with the weakness continuing, as contracts were down 2 ½ to 6 cents across the board, led by the new crop months....
Barchart · Tue Jun 2, 5:26PM CDT
Live cattle futures were down 95 cents to $1.80 across the board on Tuesday. Cash trade started to creep in this week a $255 in the south this week, near...
