Gold Oct '23 (GCV23)
Gold Futures Market News and Commentary
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 peace talks between the US and Iran are set to resume.  Bloomberg reported that Iranian Foreign Minister Abbas Araghchi is expected to arrive in Pakistan on Friday night for a possible second round of peace talks between the US and Iran.  Falling crude oil prices on Friday lowered inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar. In addition, strength in stocks on Friday reduced liquidity demand for the dollar. The dollar recovered from its worst level after the University of Michigan’s US Apr consumer sentiment index was revised higher than expected.
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. ... Read more
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 · Wed Apr 22, 2:36PM CDT
The dollar index (DXY00 ) on Wednesday rose to a 1-week high and finished up by +0.20%. The dollar found support on Wednesday as the escalation of the...
Barchart · 2 minutes 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 · 5 minutes ago
Lam stock is up 52% YTD, beating Nvidia, Alphabet, and Apple. Yet, it isn’t making headlines.
Barchart · 15 minutes ago
A federal shift toward Schedule 3 may boost cannabis stocks, even as recreational use remains restricted.
Barchart · 15 minutes ago
Amazon’s Q1 will reflect strong revenue momentum. However, profitability may face short-term headwinds due to heavy investment.
Barchart · 17 minutes ago
MoffettNathanson downgraded DraftKings shares to neutral. Here’s what made analysts turn dovish on DKNG stock.
Barchart · 18 minutes ago
Constellium SE (CSTM) exhibits strong technical momentum and is trading near new all-time highs. CSTM has delivered a 234.19% gain over the past 52 weeks,...
Barchart · 23 minutes ago
Eli Lilly shares sink as data shows Foundayo trailing Novo’s oral Wegovy. But there’s reason to consider buying LLY shares on the dip today.
Barchart · 33 minutes ago
Intel’s rebound has lifted volatility. Here’s how cash-secured puts and bull put spreads can turn that comeback into options income.
