Gold Dec '23 (GCZ23)
Gold Futures Market News and Commentary
The dollar index (DXY00) rose by +0.27% on Thursday.  The dollar rallied on Thursday as better-than-expected US economic reports signaled economic strength and lifted T-note yields. Weekly jobless claims unexpectedly fell to a 10-week low, Jun retail sales rose as expected, and the Jul Philadelphia Fed business outlook survey jumped to a 4.5-year high. Also, Thursday's stock weakness boosted liquidity demand for the dollar. The dollar rose to its high on Thursday amid hawkish comments from Kansas City Fed President Jeff Schmid and Dallas Fed President Lorie Logan, who said they favored tighter Fed policy to bring down inflation.
US weekly initial unemployment claims unexpectedly fell -8,000 to a 10-week low of 208,000, showing a stronger labor market than expectations of an increase to 217,000.
US Jun retail sales rose +0.2% m/m, right on expectations. However, Jun retail sales ex-autos fell -0.2% m/m, weaker than expectations of -0.1% m/m.
The US Jul Philadelph... Read more
Barchart · Thu Jul 16, 2:35PM CDT
The dollar index (DXY00 ) rose by +0.27% on Thursday. The dollar rallied on Thursday as better-than-expected US economic reports signaled economic strength...
Barchart · Thu Jul 16, 9:33AM CDT
The dollar index (DXY00 ) is up by +0.18% today. The dollar is moving higher today as better-than-expected US economic reports signal economic strength....
Gold Price Forecast · Thu Jul 16, 7:51AM CDT
Make the most of it.
Barchart · Thu Jul 16, 7:15AM CDT
The case for billionaire Taylor Swift as the next Warren Buffett, and how to track a core watchlist of picks at Barchart.
Blue Line Futures · Thu Jul 16, 6:04AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 702)
Barchart · Wed Jul 15, 2:33PM CDT
The dollar index (DXY00 ) fell to a 3.5-week low on Wednesday and finished down by -0.46% today. The dollar retreated on Wednesday with T-note yields...
Barchart · Thu Jul 16, 6:30PM CDT
This Dividend King continues to beat the market by pairing reliable income with consistent business growth.
Barchart · Thu Jul 16, 5:29PM CDT
The wheat complex slipped back on Thursday, with contracts marginally lower. Chicago SRW contracts saw nearby losses of 1 to 3 cents on the day. KC HRW...
Barchart · Thu Jul 16, 5:29PM CDT
Lean hog futures posted 20 to 60 cent gains in most contracts, with August down a nickel. USDA’s national base hog price was reported at $100.26 on...
Barchart · Thu Jul 16, 5:29PM CDT
Cotton futures closed the Thursday session with losses of 223 to 287 points at the final bell. Crude oil was up a modest 14 cents per barrel, with the...
Barchart · Thu Jul 16, 5:29PM CDT
Live cattle futures rounded out the Thursday session with contracts down $2.35 to $3.05. Cash trade started to pick up, with a few light northern sales...
Barchart · Thu Jul 16, 5:29PM CDT
Corn rounded out Thursday trade with contracts down 4 to 6 cents across most contracts. The CmdtyView national average Cash Corn price was down 6 3/4 at...
Barchart · Thu Jul 16, 5:29PM CDT
Soybean futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. The cmdtyView national average Cash Bean price was down a penny...
Barchart · Thu Jul 16, 3:43PM CDT
PayPal rallied after Stripe's takeover bid, but investors now face a bigger question about PYPL's upside as negotiations unfold.