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Gold Dec '17 (GCZ17)

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Gold Futures Market News and Commentary

Dollar Rallies on Signs of a Resilient US Economy

The dollar index (DXY00) on Thursday climbed to a 2-week high, finishing up by 0.29%.  The dollar garnered support from Thursday's as-expected US April retail sales report, signaling signs of a resilient US economy.  Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a potential framework under which each country identifies about $30 billion in goods on which tariffs could be eased without threatening national security interests.  The dollar added to its gains on comments from Kansas City Fed President Jeff Schmid, who said the fundamentals of the US economy are sound.

US weekly initial unemployment claims rose +12,000 to 211,000, showing a slightly weaker labor market than expectations of 205,000. 

US Apr retail sales rose +0.5% m/m, right on expectations.  Also, Apr retail sales ex-autos rose +0.7% m/m, right on expectations.

The US Apr import price index ex-petroleum rose... Read more

The index of oil up by Pashalgnatov via istock
What Made Friday's Headlines Expected?

All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.

Silver dollar floating by Matthew Heinrichs via Pixabay
Silver Crashes to $77 | Gold Breaks $4,600 | Oversold or More Pain Ahead? Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 660)

Pile of money by Atlantagreg via iStock
Dollar Rallies on Signs of a Resilient US Economy

The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April...

Puzzle of money by TPopova via iStock
Dollar Climbs on a Solid US Retail Sales Report

The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report....

Silver dollar floating by Matthew Heinrichs via Pixabay
Silver Fades from $90 | Healthy Pullback or Reversal? | ETFs Keep Buying Gold | Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 659)

Pile of money with hands by Sergey Nazarov via iStock
Dollar Rallies on a Hot US PPI Report

The dollar index (DXY00 ) rallied to a 1.5-week high on Wednesday, finishing up by 0.22%. The dollar moved higher on Wednesday on the stronger-than-expected...

Dear Nvidia Stock Fans, Mark Your Calendars for May 20

Nvidia’s rich AI narrative faces its next big test on May 20 as traders brace for a sharp post-earnings move.

Shorting OXY Puts Is Working - Especially if Oil Keeps Rising

Occidental Petroleum's stock has mirrored the recent rise in oil futures, as seen in the June 26 WTI futures contract. One profitable way to play it is...

Plug Power Stock Is Already Up 92% in 2026. Its CFO Says Q2 Results Will Be Even Better.

With Plug stock climbing steadily this year, top management believes there’s more to come in Q2.

GitLab Stock Crashes After AI Job Cuts Trigger Major Analyst Downgrade

GTLB stock fell following a workforce reduction announcement and analyst downgrade.

Globe Life Stock: Is Wall Street Bullish or Bearish?

Globe Life has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Danaher Stock: Analyst Estimates & Ratings

Danaher has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Marsh & McLennan Stock: Analyst Estimates & Ratings

Although Marsh & McLennan has underperformed the broader market over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock's...

Do Wall Street Analysts Like Otis Worldwide Stock?

Otis Worldwide has notably underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

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