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Gold Dec '28 (GCZ28)

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[[ timeframe ]] futures price quotes as of Tue, Jul 7th, 2026.
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Gold Futures Market News and Commentary

Dollar Erases Early Gains as Fed Rate Hike Prospects Ease

The dollar index (DXY00) on Monday fell by -0.01%.  The dollar erased early gains on Monday and posted modest losses on negative carryover from last Friday’s weaker-than-expected US June payroll report, which reduced the chances of the Fed tightening monetary policy, a negative factor for the dollar.

The dollar initially moved higher on Monday following the as-expected June ISM services index report. The dollar also found support amid yen weakness after Japanese authorities failed to intervene in the forex market to support the yen while US markets were closed last Friday for a holiday, a previous prime time for Japan’s intervention. 

The US Jun ISM services index fell -0.5 to 54.0, right on expectations.  The Jun ISM services price-paid sub-index eased to 67.7 from 71.3 in May, stronger than the 67.5 expected.

The swaps markets are discounting the odds at 25% for a +25 bp rate hike at the next FOMC meeting on July 28-29.

EUR/USD (^EURUSD) on Monday rose by +... Read more

Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Erases Early Gains as Fed Rate Hike Prospects Ease

The dollar index (DXY00 ) on Monday fell by -0.01%. The dollar erased early gains on Monday and posted modest losses on negative carryover from last Friday’s...

US dollar background by Iluhanos via iStock
Dollar Gains on Strength in US Services Activity

The dollar index (DXY00 ) today is up by +0.22%. The dollar is moving higher today on the as-expected Jun ISM services index report. The dollar also...

Silver bullion by SonerCdem via iStock
Will Silver’s Price Action be a Bucking Bronco?

Silver’s price remains above the 1980 high, a long-term technical resistance level that has become critical support. At around $62 per ounce, silver...

Copper pipes by Dijana via Pixabay
Dr. Copper Is About to Make a Diagnosis. Here’s How to Keep Your Portfolio Healthy.

When copper is rising, the global economic engine is typically expanding. When it rolls over, a broader economic slowdown is usually right around the corner. Let's...

Puzzle of money by TPopova via iStock
Dollar Drops on US Job Weakness

The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US...

Shinny gold bullion by Million Photos via Shutterstock
Is the Current Consolidation in Gold Healthy?

Gold has been in a bearish trend since reaching its record high of $5,626.80 per ounce on January 29, 2026. While the short-term chart remains bearish,...

Here's What to Expect From Carvana's Next Earnings Report

Carvana is set to announce its second-quarter earnings this month, and Wall Street expects a double-digit rise in its profits.

Amazon Ratio Spread Targets A Profit Zone Between 210 and 230

A put ratio spread is an advanced option trade and generally not suitable for beginners, but it can have its place within an option portfolio.

Earnings Preview: What To Expect From Cognizant Technology’s Report

Cognizant Technology is set to announce its second-quarter earnings later this month, and Wall Street expects a single-digit rise in its profits.

Earnings Preview: What To Expect From Albemarle's Report

Albemarle is set to announce its second-quarter earnings soon, and Wall Street expects a significant surge in its profits.

Nasdaq Futures Plunge as Samsung Sparks Chip Selloff

September Nasdaq 100 E-Mini futures (NQU26) are down -0.97% this morning as chipmakers came under renewed selling pressure after a blowout forecast from...

Earnings Preview: What To Expect From Kraft Heinz's Report

Kraft Heinz is expected to announce its second-quarter earnings soon, and Wall Street expects its EPS to decline in the double digits.

Chipotle Mexican Grill's Quarterly Earnings Preview: What You Need to Know

Chipotle is gearing up to release its fiscal Q2 earnings later this month, while analysts project a modest EPS decline.

What You Need To Know Ahead of Equinix’s Earnings Release

Equinix will release its second-quarter earnings results later this month, and analysts anticipate its EPS to rise from last year’s quarter.

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