Gold Dec '21 (GCZ21)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell by -0.32% on Tuesday.  The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 17% from 43% on Monday, further weighing on the dollar. Â
The dollar recovered from its worst level after Fed Chair Warsh said the US economy is resilient and growing at a solid pace.  Also, escalating hostilities in the Middle East are boosting safe-haven demand for the dollar after US forces launched another round of strikes against Iran today and the UAE said Iran attacked two oil tankers in Omani waters. In addition, Tuesday's +1% jump in crude oil prices to a 1-month high raises inflation expectations and could prompt the Fed to tighten monetary policy, a supportive factor for the dollar.Â
US Jun CPI eased to +3.5% y/y from +4.2% y/y in May, a slower pace of increase than expectations... Read more
Solvid · Tue Jul 14, 3:53PM CDT
In July, investors were dealt the news that they had long been suspecting was on the way: the ceasefire in Iran is over, and with it, another energy shock...
Barchart · Tue Jul 14, 2:32PM CDT
The dollar index (DXY00 ) fell by -0.32% on Tuesday. The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor...
Barchart · Tue Jul 14, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor...
Blue Line Futures · Tue Jul 14, 6:11AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 700)
Barchart · Mon Jul 13, 2:32PM CDT
The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle...
Gold Price Forecast · Mon Jul 13, 1:25PM CDT
Are you ready for even bigger declines?
Barchart · Tue Jul 14, 7:56PM CDT
Arista Networks is poised to release its second-quarter results next month, and analysts project a double-digit earnings growth.
Barchart · Tue Jul 14, 6:30PM CDT
PNC Financial Services Group raised its quarterly dividend by 17.6% to $2 per share, reflecting confidence in earnings growth and balance sheet strength....
Barchart · Tue Jul 14, 4:48PM CDT
Lean hog futures were mixed on Tuesday, with contracts up 35 cent to 40 cents lower. USDA’s national base hog price was reported at $98.56 on Tuesday...
Barchart · Tue Jul 14, 4:48PM CDT
Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Cash trade has yet to get kicked off this week,...
Barchart · Tue Jul 14, 4:48PM CDT
Cotton futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up $1.69 on the...
Barchart · Tue Jul 14, 4:48PM CDT
Corn futures closed out the Tuesday session with contracts ¾ ti 2 ¾ cents lower, as July expired 4 cents lower at $4.33 3/4. The CmdtyView national...
Barchart · Tue Jul 14, 4:48PM CDT
Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean...
Barchart · Tue Jul 14, 4:48PM CDT
The wheat complex posted gains across the three exchanges at the Tuesday close. Chicago SRW contracts were up 4 1/4 to 9 3/4 cents on the day. KC HRW futures...