Gold Dec '22 (GCZ22)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Thursday rose by +0.17%.  The dollar recovered from a 6-week low on Thursday and moved higher as better-than-expected US economic news pushed T-note yields higher, strengthening the dollar’s interest rate differentials. Weekly jobless claims fell more than expected, and the Apr Philadelphia Fed business outlook survey unexpectedly rose to a 15-month high. Also, hawkish comments on Thursday from New York Fed President John Williams, who signaled he favors steady Fed policy, are supportive of the dollar.
The dollar initially moved lower on Thursday as the US and Iran are considering extending their ceasefire, which ends on Tuesday, by another two weeks to allow more time to negotiate a peace agreement, easing geopolitical concerns and reducing safe-haven demand for the dollar. Also, Thursday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar.Â
US weekly initial unemployment claims fell -11,000 to 207,000, showi... Read more
Barchart · 1 hour ago
Aluminum prices hit four-year highs on the threat of a blockade as U.S.-Iran talks collapsed. Should you buy Alcoa at this juncture?
Blue Line Futures · Thu Apr 16, 2:41PM CDT
On CNBC’s Power Lunch, Phil Streible breaks down why copper is emerging as a key strategic asset in 2026 and what’s driving the shift in the commodities...
Barchart · Thu Apr 16, 2:37PM CDT
The dollar index (DXY00 ) on Thursday rose by +0.17%. The dollar recovered from a 6-week low on Thursday and moved higher as better-than-expected US economic...
Gold Price Forecast · Thu Apr 16, 11:21AM CDT
The oil-USD-gold channel is being confirmed once again.
Barchart · Thu Apr 16, 9:40AM CDT
The dollar index (DXY00 ) today is up by +0.17%. The dollar recovered from a 6-week low today and is moving higher on better-than-expected US economic...
Blue Line Futures · Thu Apr 16, 9:28AM CDT
Gold and silver approach a key level as markets assess the potential for an expanded move, with Phil Streible breaking down the setup and levels in focus...
Barchart · 23 minutes ago
Cotton futures continued the rally on Thursday, with contracts closing 11 to 71 points higher on the session. The US dollar index was $0.184 higher at...
Barchart · 23 minutes ago
Lean hog futures were mostly lower on Thursday, with contracts down anywhere from a tick to 67 cents. USDA’s national base hog price was reported at...
Barchart · 23 minutes ago
The wheat complex is trading with gains across most contracts so far on the Thursday session. Chicago SRW futures were steady to 4 ¾ cents higher in most...
Barchart · 23 minutes ago
Soybeans closed the Thursday session with contracts down ¾ to 3 ¼ cents in the front months, with deferred new crop contracts fractionally to 2 cents...
Barchart · 23 minutes ago
Live cattle futures closed the Thursday with contracts down $1.67 to $3.45. There were 3 deliveries for April retendered in Dodge City on Thursday, with...
Barchart · 23 minutes ago
Corn futures were busy reverting from the Wednesday gains on Thursday, with contracts down fractionally in the new crop contracts to 2 3/4 cents in the...
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.24%, and the Nasdaq 100 Index...
Barchart · 1 hour ago
Aehr Test Systems stock rallied on a record $41 million production expansion order. But caution is still warranted in playing AEHR shares at current levels....
