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Gold Micro Apr '25 (GRJ25)

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Gold Micro Futures Market News and Commentary

Dollar Falls and Gold Rallies on US-Iran Ceasefire

The dollar index (DXY00) on Wednesday fell by -0.71% and posted a 4-week low.  The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire, curbing safe-haven demand for the dollar.  Also, Wednesday's surge in equity markets reduced liquidity demand for the dollar.  In addition, sharply lower T-note yields on Wednesday have weakened the dollar's interest rate differentials. 

The minutes of the March 17-18 FOMC meeting were neutral for the dollar.  The minutes stated that "The vast majority of participants judged that upside risks to inflation and downside risks to employment were elevated, and the majority of participants noted that these risks had increased with developments in the Middle East."

Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.

The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in... Read more

Dollar bills in an organized pile by TheDigitalArtist via Pixabay
Dollar Falls and Gold Rallies on US-Iran Ceasefire

The dollar index (DXY00 ) on Wednesday fell by -0.71% and posted a 4-week low. The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire,...

DXY00 : 98.892 (-0.24%)
GCM26 : 4,774.6 (-0.05%)
SIK26 : 74.625 (-1.01%)
^USDJPY : 158.891 (+0.20%)
^EURUSD : 1.16871 (+0.22%)
A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Tumbles and Gold Surges on US-Iran Ceasefire

The dollar index (DXY00 ) is sharply lower today by 1.13% at a 4-week low. The dollar is plummeting today after the US and Iran agreed to a ceasefire,...

DXY00 : 98.892 (-0.24%)
GCM26 : 4,774.6 (-0.05%)
SIK26 : 74.625 (-1.01%)
^USDJPY : 158.891 (+0.20%)
^EURUSD : 1.16871 (+0.22%)
Gold bar graph by Lemonsoup14 via Shutterstock
Gold & Silver Surge Overnight! Where Do We Go From Here? Key Levels

Gold and silver move higher overnight as markets assess the next direction, with Phil Streible breaking down the metals setup and key levels in focus on...

British Pound, European Euro, American Dollar and Japanese Yen Currency by Virrage Images via Shutterstock
Dollar Edges Lower Ahead of Tuesday Night's Iran Deadline

The dollar index (DXY00 ) on Tuesday fell by -0.11%. The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a...

DXY00 : 98.892 (-0.24%)
GCM26 : 4,774.6 (-0.05%)
SIK26 : 74.625 (-1.01%)
^USDJPY : 158.891 (+0.20%)
^EURUSD : 1.16871 (+0.22%)
Silver bullion by SonerCdem via iStock
Has Silver Found a Bottom?

Silver’s price virtually halved from the high on January 29, 2026, to the low on March 23, 2026. While silver futures have bounced over $10 from the...

SIK26 : 74.625 (-1.01%)
SLV : 67.47 (+2.32%)
GCM26 : 4,774.6 (-0.05%)
Silver bars stacked by Walter Freudling via Pixabay
Why Gold and Silver Prices Have Become Dislocated from Traditional Fundamentals

What is going on with safe-haven demand for gold and silver, and where the precious metals could be trading in the next few weeks and months.

$DXY : 98.89 (-0.24%)
CLK26 : 98.92 (+4.78%)
GCM26 : 4,774.6 (-0.05%)
CLK26 : 98.92 (+4.78%)
SIK26 : 74.625 (-1.01%)
SIK26 : 74.625 (-1.01%)
DXM26 : 98.680 (-0.25%)
GCM26 : 4,774.6 (-0.05%)
What to Expect From Public Service Enterprise’s Q1 2026 Earnings Report

Public Service Enterprise is expected to announce its fiscal first-quarter earnings shortly, and analysts project a low single-digit profit rise.

XLU : 46.78 (+1.10%)
PEG : 82.70 (+1.34%)
$SPX : 6,782.81 (+2.51%)
Here's What to Expect From Valero Energy's Next Earnings Report

Valero Energy is scheduled to release its fiscal first-quarter earnings later this month, and analysts project a robust triple-digit earnings growth.

XLE : 58.05 (-3.51%)
$SPX : 6,782.81 (+2.51%)
VLO : 239.64 (-4.71%)
What You Need to Know Ahead of Public Storage's Earnings Release

Public Storage will release its first-quarter earnings soon, and analysts anticipate a marginal FFO dip.

$SPX : 6,782.81 (+2.51%)
XLRE : 42.44 (+1.73%)
PSA : 290.00 (+3.85%)
What to Expect From Equinix's Next Quarterly Earnings Report

Equinix will release its first-quarter earnings later this month, and analysts anticipate a marginal FFO dip.

$SPX : 6,782.81 (+2.51%)
EQIX : 1,017.66 (+1.03%)
XLRE : 42.44 (+1.73%)
What to Expect From MetLife's Q1 2026 Earnings Report

MetLife will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

XLF : 51.20 (+2.65%)
$SPX : 6,782.81 (+2.51%)
MET : 74.34 (+4.41%)
QUALCOMM Earnings Preview: What to Expect

QUALCOMM will release its second-quarter earnings later this month, and analysts anticipate a double-digit profit dip.

QCOM : 127.51 (+2.77%)
$SPX : 6,782.81 (+2.51%)
XLK : 141.69 (+3.10%)
Oil Prices Crash 16% on Iran War Ceasefire—Why ExxonMobil Is Still the Only Buy That Makes Sense

Oil prices and stocks had soared on the escalation of the Iran war, but a two-week ceasefire sent them plummeting. However, regardless of whether the ceasefire...

CLK26 : 98.91 (+4.77%)
$SPX : 6,782.81 (+2.51%)
XOM : 156.22 (-4.69%)
SHEL : 92.01 (-2.27%)
CBM26 : 97.92 (+3.35%)
BP : 45.89 (-2.86%)
What to Expect From Generac Holdings’ Next Quarterly Earnings Report

Generac Holdings will release its first-quarter earnings soon, and analysts anticipate a single-digit bottom-line growth.

XLI : 170.44 (+3.75%)
$SPX : 6,782.81 (+2.51%)
GNRC : 202.93 (+6.19%)
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