Gold Aug '24 (GCQ24)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell from a 1.25-month high on Monday and finished down by -0.25%. The dollar gave up overnight gains on Monday and turned lower following reports that the US proposed a temporary waiver of sanctions on Iran's oil.  Also, comments on Monday afternoon from President Trump weighed on the dollar when he said he called off a planned strike on Iran for Tuesday after Gulf allies appealed for more time for diplomacy to work. The dollar recovered from its worst level after stock prices retreated, which boosted liquidity demand for the dollar.
The dollar initially moved higher on Monday on increased safe-haven demand after President Trump said the "clock is ticking" on Iran and it "better get moving FAST on a peace deal, or there won't be anything left of them." Also, ramped-up geopolitical tensions boosted safe-haven demand for the dollar after Reuters reported that Pakistan has deployed 8,000 troops, a squadron of fighter jets, and an air defense system to... Read more
Barchart · Mon May 18, 2:42PM CDT
The dollar index (DXY00 ) fell from a 1.25-month high on Monday and finished down by -0.25%. The dollar gave up overnight gains on Monday and turned lower...
Barchart · Mon May 18, 9:34AM CDT
The dollar index (DXY00 ) fell from a 1.25-month high today and is down by -0.21%. The dollar gave up overnight gains today and turned lower after crude...
EdgeClear · Mon May 18, 7:02AM CDT
Platinum futures have spent the past several months in a tug of war between structurally bullish fundamentals and a market that has already priced in much...
Blue Line Futures · Mon May 18, 6:18AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 661)
Barchart · Mon May 18, 5:59AM CDT
Once again, we saw weekend headlines 'trump' reality in both the Grains and Energies sectors of the commodity complex.
ONE44 Analytics · Sun May 17, 3:32PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis. NEW VIDEO!
Barchart · Mon May 18, 6:30PM CDT
Shell recently announced a $3 billion stock buyback program.
Barchart · Mon May 18, 5:25PM CDT
Lean hog futures were down 22 to 95 cents across the board on Monday. USDA’s national base hog price was reported at $94.88 on Monday afternoon, up $3.36...
Barchart · Mon May 18, 5:25PM CDT
The wheat market was sharply higher across all three exchanges on Monday, following a White House fact sheet release over the weekend. Chicago SRW futures...
Barchart · Mon May 18, 5:25PM CDT
Cotton futures closed the Monday session with contracts 110 to 309 points higher on the day. The US dollar index was $0.298 lower at $98.91. Crude oil...
Barchart · Mon May 18, 5:25PM CDT
Soybeans were up 19 ¾ to 36 cents across most contracts on Monday, as bulls took some of last week’s losses with a few more US/Chinese details known....
Barchart · Mon May 18, 5:25PM CDT
Live cattle futures ended the Monday session with contracts down 52 cents to $1.15. Cash trade was mostly $260-265 in the South last week, with northern...
Barchart · Mon May 18, 5:25PM CDT
Corn futures were in rally mode on Monday, as contracts closed 14 ½ to 21 ¼ cents higher across most 26/27 contracts. The CmdtyView national average...
Barchart · Mon May 18, 4:37PM CDT
While the U.S. market is saturated with data centers, Nebius is leveraging Europe's strict regulations and energy grid limits to build a monopolistic AI...
