Gold Dec '19 (GCZ19)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Thursday ended the day little changed despite downward pressure from the dovish US PPI report, which lowered the odds of a Fed rate hike in September to 35% from 40% on Wednesday. In addition, the 10-year T-note yield fell -5 bp, undercutting the dollar's interest rate differentials.
The dollar was also undercut by reduced safe-haven demand as there were no overnight reports of new military attacks by the US or Iran in the Persian Gulf. Market concerns about the Middle East were also reduced slightly by news reports saying that the Trump administration is pivoting to using the naval blockade to apply economic pressure on Iran rather than new military attacks. There is no sign of any progress between the US and Iran on an agreement to reopen the Strait of Hormuz, although some ships are still getting through by turning off their transponders and hoping for the best.
Thursday's US PPI report was favorable. The July US final-demand PPI repor... Read more
Barchart · Thu Aug 13, 3:10PM CDT
The dollar index (DXY00 ) on Thursday ended the day little changed despite downward pressure from the dovish US PPI report, which lowered the odds of a...
Barchart · Thu Aug 13, 2:00PM CDT
At $66 per ounce, silver is trading over $55 below its late January 2026 high. The parabolic rally in 2025 and early 2026 turned into an implosive correction...
Barchart · Thu Aug 13, 10:17AM CDT
The dollar index (DXY00 ) today is down -0.09 (-0.09%) on the dovish US PPI report, which caused the odds for a Fed rate hike in September to drop to 35%...
WealthUp · Thu Aug 13, 9:02AM CDT
We can't tell you whether gold is headed higher or lower. But we can tell you the best ETFs to leverage the metal if it does advance.
Blue Line Futures · Thu Aug 13, 6:22AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 722)
Wavetraders · Thu Aug 13, 1:34AM CDT
Gold and Silver are showing signs that the recent correction may be ending, supported by bullish stocks, a weaker US Dollar, and improving risk sentiment....
Barchart · Thu Aug 13, 6:30PM CDT
H&R Block beat fiscal fourth-quarter estimates, raised its fiscal 2027 outlook, and increased its quarterly dividend by nearly 10% to $0.46 per share,...
Barchart · Thu Aug 13, 5:10PM CDT
Cotton futures posted modest losses of 41 to 90 points across most contracts on Thursday. Crude oil was down $2.06 per barrel, with the US dollar index...
Barchart · Thu Aug 13, 5:10PM CDT
Soybeans posted mixed trade on Thursday, with contracts closing anywhere from 3 ½ cents higher to 2 3/4 ents lower across the board. The cmdtyView national...
Barchart · Thu Aug 13, 5:10PM CDT
The wheat complex fell back lower on Thursday, slipping into the close. Chicago SRW contracts were steady to 2 ¼ cents in the red. KC HRW futures saw...
Barchart · Thu Aug 13, 5:10PM CDT
Live cattle futures closed the Thursday session with contracts down $1.52 to $4.35 across the board. There were no deliveries issued against August futures...
Barchart · Thu Aug 13, 5:10PM CDT
Corn futures fell back from the Wednesday rally on Thursday, with contracts falling 5 to 9 cents at the close. The CmdtyView national average Cash Corn...
Barchart · Thu Aug 13, 5:10PM CDT
Lean hog futures posted losses of 20 cents to $1.70 across most contracts. USDA’s national base hog price was reported at $97.37 on Thursday afternoon,...
Barchart · Thu Aug 13, 4:57PM CDT
What Reddit stock’s addition to the S&P 500 index means for the stock and for RDDT investors.