Gold Dec '22 (GCZ22)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 32% from 35% on Thursday. The dollar's decline was curbed by the 10-year T-note yield rising +5 bp despite the weak US economic reports, driven by inflation concerns.
The dollar was also undercut by reduced safe-haven demand as President Trump appears to have given up on plans for any new major military attack on Iran for the time being, favoring economic pressure instead. Treasury Secretary Bessent said on Friday that the administration will soon announce unprecedented economic measures against Iran that "have never been seen in the history of economic isolation of a country." Yet, the military conflict continues as there were reports that Iran attacked two Abu Dhabi oil vessels in the Strait of Hormuz on Thursday night.
Friday's July US retail sales fell -0.6% m/m, much weaker than market expectations of +0.1%. Ex-auto... Read more
Barchart · Fri Aug 14, 2:56PM CDT
The dollar index (DXY00 ) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to...
Barchart · Fri Aug 14, 9:49AM CDT
The dollar index (DXY00 ) is down -0.41% as the weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 29%...
EdgeClear · Fri Aug 14, 7:40AM CDT
Gold futures have staged a strong recovery after breaking down toward the 4000 area in late June, reclaiming the 4385 support zone as the Strait of Hormuz...
Blue Line Futures · Fri Aug 14, 6:25AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 723)
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 · 9 minutes ago
An upgrade 'Outperform' rating by Oppenheimer for Intuitive Surgical underscores solid expectations in the medical technology stock.
Barchart · 1 hour ago
Monitoring the 20 largest S&P 500 stocks closely, as a unit through this ETF and individually, is an essential part of being a conscious modern equity...
Barchart · 1 hour ago
Lumentum’s AI-fueled momentum is giving analysts plenty to rethink, with stronger results prompting a fresh look at the stock.
Barchart · 1 hour ago
Michael Burry calls Nvidia's AI financing a "Wall Street stunt," so how will investors respond?
Barchart · Sun Aug 16, 8:15AM CDT
Microsoft Corp (MSFT) stock looks attractive to short-put MSFT investors. They can set a lower buy-in point and also collect income while waiting by shorting...
Barchart · Sun Aug 16, 8:15AM CDT
CoreWeave and Nebius are both benefiting from the AI infrastructure boom. Yet, one combines faster growth and stronger profitability with a much lighter...
Barchart · Sat Aug 15, 2:30PM CDT
Tesla short sellers have made roughly $9 billion in paper gains in 2026, two years after Elon Musk warned they’d be “obliterated” once autonomy and...
Barchart · Sat Aug 15, 1:30PM CDT
D-Wave's disappointing earnings overshadowed a major error-correction breakthrough that could bring commercially viable fault-tolerant quantum computing...