Gold Cash (GCY00)
Gold Futures Market News and Commentary
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%.Â
US Jan average hourly earnings rose +0.3% m/m and +3.5% y/y, right on expectations.
US weekly initial unemployment... Read more
Barchart · Fri Jul 3, 11:28AM CDT
Silver’s price remains above the 1980 high, a long-term technical resistance level that has become critical support. At around $62 per ounce, silver...
Barchart · Fri Jul 3, 10:00AM CDT
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...
Barchart · Thu Jul 2, 2:32PM CDT
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...
Barchart · Thu Jul 2, 2:00PM CDT
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,...
Barchart · Thu Jul 2, 9:35AM CDT
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,...
Blue Line Futures · Thu Jul 2, 6:28AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 693)
Barchart · 25 minutes ago
AI is no longer a tide that lifts all boats. Instead, only a few stocks may win.
Barchart · 25 minutes ago
Kroger has agreed to acquire grocery chain Giant Eagle for $1.65 billion.
Barchart · 1 hour ago
UnitedHealth has clawed its way back impressively from last year’s lows, and July 16 could be its biggest health check yet. Will another strong quarter...
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A Russell 1000 debut, booming AI demand, and strong earnings have fueled a massive rally, but investors are now weighing whether the valuation has run...
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The recent Big Tech correction is a healthy reset, not a market crash. Big Tech capex remains the S&P 500's core engine. With falling gas prices driving...
Barchart · Sat Jul 4, 7:19AM CDT
Phillips 66 is expected to release its fiscal Q2 earnings next month, and analysts project significant EPS growth.
Barchart · Sat Jul 4, 2:17AM CDT
Nucor is expected to release its fiscal Q2 earnings later this month, and analysts project solid EPS growth.
Barchart · Fri Jul 3, 6:00PM CDT
Cisco is up 46% in 2026 while Oracle has slid 25%, and Wall Street sees up to 185% upside for one of them. Here's how the two tech giants compare on value,...