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Gold Aug '25 (GCQ25)

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Gold Futures Market News and Commentary

Dollar Climbs as Inflation Fears Push Bond Yields Higher

The dollar index (DXY00) climbed to a 1.5-week high today and is up by +0.22%.  The dollar is moving higher today on the stronger-than-expected US Apr PPI report, which was hawkish for Fed policy.  The dollar also has safe-haven support on concerns that the US-Iran ceasefire may break down after President Trump said the current ceasefire was on "life support." In addition, today's jump in the 10-year T-note yield to a 10-month high of 4.49% strengthens the dollar's interest rate differentials. 

US Apr PPI final demand rose +1.4% m/m and +6.0% y/y, stronger than expectations of +0.5% m/m and +4.8% y/y, with the +6.0% y/y jump being the largest increase in 3.25 years.  Also, Apr PPI ex-food and energy rose +0.6% m/m and +5.2% y/y, stronger than expectations of +0.3% m/m and +4.3% y/y, with the +5.2% y/y gain being the largest increase in 3.25 years.

Swaps markets are discounting the odds at 2% for a 25 bp rate cut at the next FOMC meeting on June 16-17.

EUR/USD (^EUR... Read more

US dollar background by Iluhanos via iStock
Dollar Climbs as Inflation Fears Push Bond Yields Higher

The dollar index (DXY00 ) climbed to a 1.5-week high today and is up by +0.22%. The dollar is moving higher today on the stronger-than-expected US Apr...

Silver dollar floating by Matthew Heinrichs via Pixabay
Silver Smashes $88, Copper Hits New Highs | Is Gold Next? | PPI Day Ahead | Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 658)

Holding money bunched in fist by Iana Miroshnichenko via iStock
Weak Stocks and Crude Oil Strength Lift the Dollar

The dollar index (DXY00 ) on Tuesday rose by +0.34%. The dollar moved higher on Tuesday amid renewed concerns that the US-Iran ceasefire may break down...

Silver bars stacked by Walter Freudling via Pixabay
This Stock’s Next Move Could Be a ‘Silver’ Lining For Commodity Bulls

First Majestic Silver (AG) shares show a renewed medium-term rising trend, reflecting increased buying interest among investors. The stock recently broke...

Image by Karolina Kaboompics via Pexels
Dollar Rallies on Crude Oil Strength as Hot US CPI Report

The dollar index (DXY00 ) today is up by +0.45%. The dollar is climbing today on renewed concerns that the US-Iran ceasefire may break down after President...

Silver bullion by SonerCdem via iStock
Gold Cracks $4,700, Silver Gives Back $2 | What Now? CPI & WASDE Ahead | Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 657)

Crude Oil Prices Erase Early Gains as the Dollar Strengthens

June WTI crude oil (CLM26 ) ton Wednesday closed down -1.16 (-1.14%), and June RBOB gasoline (RBM26 ) closed down -0.0790 (-2.14%). Crude oil and gasoline...

Warmer US Temps Boost Air-Conditioning Usage and Nat-Gas Prices

June Nymex natural gas (NGM26 ) on Wednesday closed up +0.021 (+0.74%). Nat-gas prices settled higher on Wednesday on forecasts of above-normal US weather,...

Dell Stock Has Nearly Doubled in 2026. UBS Analysts Say It Likely Won’t Go Any Further.

UBS believes Dell’s server demand is already priced in after the stock has nearly doubled this year.

Lululemon Stock Just Hit Another 52-Week Low. History Tells Us It Could Lose Another $25 from Here.

Lululemon sank to $123.51 on Tuesday, its 37th 52-week low in a year, dragging the stock to a five-year bottom—and setting up a high-risk, contrarian...

The DRAM ETF’s Record Success Warns of a Dot-Com Bubble Burst. We’re Just Waiting for the Explosion.

The higher the mountain, the more treacherous the backside. Thus, investors should be wary of treating a cyclical peak like this one as a permanent plateau....

NVDA Stock Watch: What to Expect as Jensen Huang Joins Trump-Xi Summit

Nvidia stock rallies as Jensen Huang joins Trump on a high-stakes visit to China. Oppenheimer explains why NVDA shares are poised to rip higher from here...

Plug Power Stock Climbed 96% YTD and Hit New Highs After a Solid Q1 Beat. The Turnaround Might Be Finally Sticking.

Plug Power stock is surging to new highs in 2026, giving investors a reason for a double take on the green hydrogen company.

Cathie Wood Remains Bullish About Tesla’s Robotaxi. TSLA Stock Is Waiting for a Financial Trigger Higher.

The celebrity fund manager believes that Robotaxi will stay ahead of Waymo.

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