Gold Aug '25 (GCQ25)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell by -0.02% on Friday, holding just above Thursday’s 3.25-month low. Strength in stocks on Friday reduced demand for dollar liquidity. The dollar is still weighed down by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Friday’s US economic news was mixed for the dollar, with the Aug S&P manufacturing PMI falling more than expected, but the Aug S&P services PMI rising more than expected.
The US Aug S&P manufacturing PMI fell -0.7 to 53.2, weaker than expectations of no change at 53.9, but the Aug S&P services PMI unexpectedly rose +2.8 to 56.8, stronger than expectations of a decline to 54.0 and the fastest pace of expansion in 4.5-years.
The markets are discounting a 40% probability of a +25 bp rate hike at the next FOMC meeting on September 15-16.
EUR/USD (^EURUSD) matched Thursday’s 3.25-month high on Friday and finished up by +0.02%. Signs of s... Read more
Barchart · 32 minutes ago
With strong moves seen at Sunday night's open, the Grains sector showed this could be another fun week.
Barchart · Fri Aug 21, 2:34PM CDT
The dollar index (DXY00 ) fell by -0.02% on Friday, holding just above Thursday’s 3.25-month low. Strength in stocks on Friday reduced demand for dollar...
Barchart · Fri Aug 21, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.03% today, holding just above Thursday’s 3.25-month low. Strength in stocks today has reduced demand for dollar...
Blue Line Futures · Fri Aug 21, 6:12AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 728)
Barchart · Thu Aug 20, 2:36PM CDT
The dollar index (DXY00 ) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected...
Barchart · Thu Aug 20, 9:32AM CDT
The dollar index (DXY00 ) recovered from a 3-month low today and is up +0.05%. Short covering emerged in the dollar today on better-than-expected US economic...
Barchart · 9 minutes ago
Vistra Corp. has underperformed the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.
Barchart · 11 minutes ago
It’s a quiet but important week on the earnings front this week, with some key technology names set to report. This week we have Nvidia (NVDA), Marvell...
Barchart · 31 minutes ago
September S&P 500 E-Mini futures (ESU26) are down -0.19%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.59% this morning, pointing to a lower...
Barchart · 36 minutes ago
With strong moves seen at Sunday night's open, the Grains sector showed this could be another fun week.
Barchart · 45 minutes ago
Vulcan Materials has lagged behind the broader market over the past year, and analysts remain somewhat bullish about the stock’s prospects.
Barchart · Sun Aug 23, 7:35PM CDT
Duos' latest quarter offers the clearest evidence yet that its transformation into an AI data-center company is starting to pay off.
Barchart · Sun Aug 23, 6:27PM CDT
Fabrinet delivered record results and strong guidance, but concerns over Nvidia sales sent FN stock tumbling and may have created an opportunity.
Barchart · Sun Aug 23, 2:30PM CDT
Cerebras’ new CS-4 AI accelerator could strengthen its position, but with CBRS shares remaining highly volatile, is this the right entry point?