Gold Aug '24 (GCQ24)
Gold Futures Market News and Commentary
The dollar index (DXY00) today is down by -0.04%.  The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in energy prices that derail the economy. Losses in the dollar are limited after US Feb capital goods new orders nondefense ex-aircraft and parts rose more than expected. Also, today’s stock weakness has boosted liquidity demand for the dollar.Â
The markets are watching for any sign of a breakthrough amid a flurry of diplomacy before President Trump’s 8 pm EST deadline tonight. Mr. Trump insists any deal must ensure uninterrupted transit through the Strait of Hormuz or he will destroy Iran’s bridges and power plants if no accord is reached. Axios reported that the US conducted strikes on military targets on Kharg Island today, and Israel told Iranians to refrain from using their country’s railway network. Also, Iran pressed on with attacks across the Persian Gulf, dimming chances for peace.
US Feb capital goods new orders... Read more
Barchart 4 minutes ago
The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in...
Blue Line Futures 1 hour ago
Gold and silver see increased volatility following reports of disruptions on Kharg Island, with Phil Streible breaking down the metals setup and key levels...
Barchart Mon Apr 6, 2:37PM CDT
The dollar index (DXY00 ) on Monday fell by -0.04%. The dollar was under pressure on Monday as stocks recovered on hopes for a ceasefire in Iran, curbing...
Barchart Mon Apr 6, 9:33AM CDT
The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today as stocks recover on hopes for a ceasefire in Iran, curbing liquidity...
EdgeClear Mon Apr 6, 8:09AM CDT
Copper futures remain locked in a broad consolidation as competing macro forces continue to drive two way volatility. Trade policy uncertainty, geopolitical...
Blue Line Futures Mon Apr 6, 7:37AM CDT
Gold and silver move higher as the dollar and oil pull back, with Phil Streible breaking down the key events the market is watching and the metals setup...
Barchart 2 minutes ago
The billionaire CEO says that value is shifting and claims the AI revolution will simply chew up and spit out white-collar workers who can't think outside...
Barchart 3 minutes ago
The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in...
Barchart 7 minutes ago
AMC shares rally on record-breaking $372 million global opening of The Super Mario: Galaxy Movie. But AMC stock remains unattractive to own in 2026.
Barchart 10 minutes ago
FuboTV surprised investors on Monday with an optimistic view for its business over the next three years. The shares jumped nearly 24% on the good news....
Barchart 11 minutes ago
Three Dividend Kings, Sysco, P&G, and BD, look oversold or near it, offering yield, resilience, and possible upside in a volatile market.
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Virgin Galactic stock has surpassed the $3 mark as investors continue to cheer multiple near-term tailwinds. Here’s what could drive SPCE shares higher...
Barchart 27 minutes ago
American Water Works is approaching its first-quarter earnings release this month, and Wall Street is forecasting a high single-digit percentage rise in...
Barchart 27 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.63%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.66%, and the Nasdaq 100 Index ($IUXX...
