Gold Oct '23 (GCV23)
Gold Futures Market News and Commentary
The dollar index (DXY00) today is down by -0.19%. The dollar fell from a 2.5-week high today and turned lower after Axios reported that Iran has offered a new proposal to reopen the Strait of Hormuz. The dollar initially moved higher in overnight trade after President Trump canceled planned negotiations with Iran in Pakistan. Higher crude oil prices today have increased inflation expectations, a hawkish factor for Fed policy, and positive for the dollar.
Heightened US-Iran tensions are boosting safe-haven demand for the dollar. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire.
Axios reported that Iran has given the US a new proposal to reopen the Strait of Hormuz and end the war, which includes postponing nuclear negotiations. The plan calls for extending the ceasefire so the parties can work toward a permanent end to the war, and nuclear talks would come... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) today is down by -0.19%. The dollar fell from a 2.5-week high today and turned lower after Axios reported that Iran has offered...
Barchart · Fri Apr 24, 2:33PM CDT
The dollar index (DXY00 ) on Friday fell by -0.24%. The dollar gave up an early advance and turned lower on Friday as stocks rallied on optimism that...
Gold Price Forecast · Fri Apr 24, 11:41AM CDT
Absurd? Perhaps. But it's still taking place.
Barchart · Fri Apr 24, 9:32AM CDT
The dollar index (DXY00 ) today is down by -0.16%. The dollar gave up an early advance and turned lower today as stocks rallied on optimism that peace...
Barchart · Thu Apr 23, 2:37PM CDT
The dollar index (DXY00 ) climbed to a 1.5-week high on Thursday and finished up by +0.22%. The dollar remains supported amid persistent tensions in the...
Barchart · Thu Apr 23, 9:33AM CDT
The dollar index (DXY00 ) today climbed to a 1.5-week high and is up by +0.04%. The dollar remains supported amid persistent tensions in the Middle East,...
Barchart · 5 minutes ago
July arabica coffee (KCN26 ) today is down -6.20 (-2.10%), and July ICE robusta coffee (RMN26 ) is down -53 (-1.52%). Coffee prices are sharply lower today...
Barchart · 6 minutes ago
NFLX stock has multiple positive catalysts that point investors toward a 'Buy.'
Barchart · 18 minutes ago
Kroger is expected to publish its first-quarter results soon, and analysts project a single-digit earnings rise.
Barchart · 20 minutes ago
Intel’s outlook remains solid, driven by rising demand for AI-related computing and continued strength in the CPU market.
Barchart · 21 minutes ago
Space is the next frontier, but there’s also a lot of “space junk” masquerading as high-quality investment merchandise.
Barchart · 26 minutes ago
June WTI crude oil (CLM26 ) today is up +2.68 (+2.84%), and June RBOB gasoline (RBM26 ) is up +0.0602 (+1.81%). Crude oil and gasoline prices are sharply...
Barchart · 29 minutes ago
There are three certainties in life: death, taxes, and people arguing over the economy.
Barchart · 31 minutes ago
IBM stock dipped after Q1 2026 earnings, but the company is projecting $1 billion in added free cash flow. Here is why the selloff could be a buying opportunity....
