Gold Cash (GCY00)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s May US consumer sentiment index was revised downward to a record low. Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The dollar found early support on Friday from hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn’t soon slow.
The University of Michigan’s May US consumer sentiment index was revised lower to a record low of 44.8 (data from 1978), weaker than expectations of no change at 48.2.
The University of Michigan’s US May 1-year inflation expectations rate was revised upward to a 9-month high of +4.8% from +4.5%, stronger than the +4.6% expected. Also, May 5-10 year inflation expectations rate was revised upward to a 7-month high of +3.9%, stronger than expectations of no change at +3.4%.
Fed Governor Christopher W... Read more
Barchart · Fri May 22, 2:34PM CDT
The dollar index (DXY00 ) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s...
Barchart · Fri May 22, 9:43AM CDT
The dollar index (DXY00 ) today is up +0.15%, just below Thursday's 6-week high. The dollar is supported by hawkish comments from Fed Governor Christopher...
Blue Line Futures · Fri May 22, 6:14AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 665)
Barchart · Thu May 21, 2:38PM CDT
The dollar index (DXY00 ) rallied to a 6-week high on Thursday and finished up by +0.13%. Doubts over a US-Iran peace deal that would reopen the Strait...
Barchart · Thu May 21, 9:36AM CDT
The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz...
Blue Line Futures · Thu May 21, 6:11AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 664)
Barchart · Fri May 22, 6:00PM CDT
Microsoft vs. Apple stock: Compare fundamentals, valuation, dividends, analyst ratings, and AI exposure to see which looks like the better buy.
Barchart · Fri May 22, 4:16PM CDT
Cotton futures were 8 to 56 cents lower in most contracts on Friday, with July down 319 points on the week. December was down 258 points since last Friday....
Barchart · Fri May 22, 4:16PM CDT
Soybeans held higher into the Friday close, as contracts were steady to 2 ¼ cents in the green. July was up 19 ½ cents on the week, with November 17...
Barchart · Fri May 22, 4:16PM CDT
The wheat complex pulled off the midday lows but still closed with losses on Friday across the three markets. Chicago SRW futures were steady to 1 3/4...
Barchart · Fri May 22, 4:16PM CDT
Corn futures closed the Friday session with contracts 1 to 2 cents higher, as July was up 7 ½ cents this week. December firmed up 5 ½ cents. The CmdtyView...
Barchart · Fri May 22, 4:16PM CDT
Live cattle futures were up 25 cents to $1.02 lower on Friday, with June down $4.60 this week. Cash trade from this week has been $260 to $265 across the...
Barchart · Fri May 22, 4:16PM CDT
Lean hog futures closed mixed on Friday, with contracts 62 cents higher to 72 cents lower. June was down $3 this week. USDA’s national base hog price...
Barchart · Fri May 22, 3:59PM CDT
BMY stock rose after the company announced a strategic AI deal with Anthropic to deploy Claude across its workforce.
