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Gold Oct '25 (GCV25)

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Gold Futures Market News and Commentary

Dollar Drops on US Job Weakness

The dollar index (DXY00) fell to a 2-week low on Thursday and finished down by -0.52%.  The dollar tumbled on Thursday after a weaker-than-expected US June payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon.  The dollar was also under pressure on Thursday after WTI crude fell to a 4.25-month low, which lowers inflation expectations and is dovish for Fed policy.  The dollar found some support after weekly jobless claims unexpectedly declined and after May factory orders fell less than expected.

US Jun nonfarm payrolls rose +57,000, weaker than expectations of +113,000, and May nonfarm payrolls were revised lower to +129,000 from the originally reported +172,000.  The Jun unemployment rate unexpectedly fell -0.1 to a 1-year low of 4.2%, showing a stronger labor market than expectations of no change at 4.3%. 

US Jan average hourly earnings rose +0.3% m/m and +3.5% y/y, right on expectations.

US weekly initial unemployment... Read more

Copper pipes by Dijana via Pixabay
Dr. Copper Is About to Make a Diagnosis. Here’s How to Keep Your Portfolio Healthy.

When copper is rising, the global economic engine is typically expanding. When it rolls over, a broader economic slowdown is usually right around the corner. Let's...

Puzzle of money by TPopova via iStock
Dollar Drops on US Job Weakness

The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US...

Shinny gold bullion by Million Photos via Shutterstock
Is the Current Consolidation in Gold Healthy?

Gold has been in a bearish trend since reaching its record high of $5,626.80 per ounce on January 29, 2026. While the short-term chart remains bearish,...

A one dollar bill floating in water by Wirestock via iStock
Dollar Tumbles on a Weak US Jobs Report

The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report,...

Gold bullion stacked by Steve Bidmead via Pixabay
Gold & Silver Flat Ahead of Today's Payroll Data | The Number to Watch |Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 693)

The White House at sunset by idesignimages via iStock
Which Version of "Independence Day" Will the Markets Choose Thursday?

There is plenty for the markets to take in this last trading day of the week.

Earnings Preview: What To Expect From Cadence Design’s Report

Cadence Design is expected to release its fiscal Q2 earnings soon, and analysts project a significant EPS rise.

Dear Google Stock Fans, Mark Your Calendars for July 22

As Alphabet preps to release its latest earnings ink, will its AI push and cloud momentum continue to power the stock higher?

What to Expect From Pentair's Q2 2026 Earnings Report

Pentair is expected to announce its second-quarter results soon, and analysts predict a single-digit growth in the company’s bottom-line figure.

Comcast Is Planning to Split. How to Play CMCSA Stock Here.

Comcast is shaking up its business with a landmark split, giving investors a new reason to take a fresh look at the stock.

Dr. Copper Is About to Make a Diagnosis. Here’s How to Keep Your Portfolio Healthy.

When copper is rising, the global economic engine is typically expanding. When it rolls over, a broader economic slowdown is usually right around the corner. Let's...

Dear GE Vernova Stock Fans, Mark Your Calendars for July 22

GE Vernova is carrying robust AI-driven momentum and major infrastructure wins into its closely watched July 22 earnings report.

Synchrony Financial’s Q2 2026 Earnings: What to Expect

Synchrony is gearing up to release its Q2 earnings report on July 21, and analysts forecast a double-digit decline in earnings.

Invesco's Quarterly Earnings Preview: What You Need to Know

Invesco is expected to announce its second-quarter results later this month, and analysts predict a double-digit growth in the company’s bottom-line...

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