Gold Dec '21 (GCZ21)
Gold Futures Market News and Commentary
The dollar index (DXY00) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high, which raises inflation expectations and may persuade the Fed to tighten monetary policy, a supportive factor for the dollar. Also, weakness in stocks on Tuesday boosted some liquidity demand for the dollar. In addition, hawkish comments from Chicago Fed President Goolsbee gave the dollar a lift when he said inflation is the biggest problem the economy faces.
Gains in the dollar were limited on Tuesday after Pakistan signaled the US and Iran were close to an arrangement that could reopen the Strait of Hormuz.
US July existing home sales fell -1.7% m/m to 4.06 million, close to expectations of 4.05 million.
The risk of a renewed flare-up across the Middle East remains high, which is providing safe-haven demand for the dollar. Another UAE tanker was targeted by an Iranian missile on Saturday while transiting the... Read more
Barchart · Tue Aug 11, 2:33PM CDT
The dollar index (DXY00 ) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high,...
Barchart · Tue Aug 11, 2:00PM CDT
After falling 29.7% from the late January 2026 record high to the June 30, 2026, low, gold has been trading at the low end of the 2026 trading range around...
Klarenbach Research · Tue Aug 11, 12:44PM CDT
Gold prices rally to retest the 200-day moving average following a 29% decline. Analysis of technical resistance levels and commodity market trends.
Barchart · Tue Aug 11, 12:14PM CDT
Following the recent gold rally, investors may be looking to cash in. Here's one of my favorite ways to play gold.
Barchart · Tue Aug 11, 9:33AM CDT
The dollar index (DXY00 ) is up by +0.05% today. The dollar found support today after WTI crude oil prices rose more than +2% to a 1-week high, which...
Barchart · Tue Aug 11, 6:30AM CDT
Gold’s recent rebound has renewed interest in mining stocks, which offer leveraged exposure to rising bullion prices. But after the recent rally, should...
Barchart · Tue Aug 11, 6:30PM CDT
Microsoft's dividend yield is the highest among the Magnificent 7 companies. Reasonable valuations and strong momentum in AI monetization make MSFT stock...
Barchart · Tue Aug 11, 4:42PM CDT
Corn futures posted marginal losses on Tuesday, with contracts down 1 to 2 cents across the board. The CmdtyView national average Cash Corn price was down...
Barchart · Tue Aug 11, 4:42PM CDT
The wheat complex is trading with midday losses across the three exchanges. Chicago SRW contracts was down 7 to 11 cents so far on the day. KC HRW futures...
Barchart · Tue Aug 11, 4:42PM CDT
Soybeans posted Tuesday losses of 3 to 10 ¾ cents across most contracts, led by the front months. The cmdtyView national average Cash Bean price was down...
Barchart · Tue Aug 11, 4:42PM CDT
Cotton futures posted gains of 20 to 53 points across most front months, with deferreds down 27 to 33 points. Crude oil was up $0.1.10 per barrel, with...
Barchart · Tue Aug 11, 4:42PM CDT
Lean hog futures posted losses of 35 cents to $1.20 across most contracts, with August up 17 cents. USDA’s national base hog price was reported at $96.32...
Barchart · Tue Aug 11, 4:42PM CDT
Live cattle futures closed the Tuesday session with contracts down 57 cents to 37 cents higher across most contracts. There were no deliveries for August...
Barchart · Tue Aug 11, 4:25PM CDT
Truist recommends buying Best Buy stock heading into its Q2 earnings on Aug. 27. Here’s why the investment firm is bullish on BBY shares.