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Silver May '11 (SIK11)

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Silver Futures Market News and Commentary

Dollar Slightly Higher as Middle East Risks Remain

The dollar index (DXY00) today is up by +0.07%.  The dollar is slightly higher today after the US March trade deficit was reported to be smaller than expected.  The dollar also has safe-haven support as the US-Iran ceasefire appears shaky after the US Central Command on Monday said the US military fought off attacks from Iranian drones, missiles, and armed small boats as it facilitated the passage of two US-flagged vessels through the Strait of Hormuz.  Today's US economic news was mixed for the dollar: Mar new home sales and Mar JOLTS job openings were better than expected, but Apr ISM services activity was weaker than expected.

Gains in the dollar are limited today amid a -3% decline in crude oil prices, which ease inflation expectations and could prompt the Fed to pursue a dovish, dollar-negative monetary policy.  Also, today's stock strength has dampened liquidity demand for the dollar. 

Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven. ... Read more

Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Slightly Higher as Middle East Risks Remain

The dollar index (DXY00 ) today is up by +0.07%. The dollar is slightly higher today after the US March trade deficit was reported to be smaller than...

Silver bullion by SonerCdem via iStock
Gold Defends $4,500 | Silver to Play Catch-up? | Sell in May & Go Away? Metals Minute Phil Streible

Staying ahead of Gold, Silver, Copper, and the Commodities markets has never been easier

Pile of money with hands by Sergey Nazarov via iStock
Dollar Rises as Iran Tensions Escalate

The dollar index (DXY00 ) on Monday rose by +0.25%. The dollar moved higher on Monday amid an increase in safe-haven demand after WTI crude oil prices...

Gold bullion stacked by Steve Bidmead via Pixabay
3 Under-the-Radar Gold Mining Companies Analysts Think Will Surge More Than 50%

Gold’s rally may have cooled, but with volatility still in play, analysts anticipate that these under-the-radar gold miners are poised to rise over 50%...

Pile of money by Atlantagreg via iStock
Dollar Supported by Renewed Iran Tensions

The dollar index (DXY00 ) today is up +0.19%. The dollar is receiving support today on an increase in safe-haven demand after crude oil prices gained...

Image by allstars via Shutterstock
Headlines Whipsaw Gold & Silver Overnight | Here's What You Need to Watch | Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 651)

Brazilian Real Strength Supports Coffee Prices

July arabica coffee (KCN26 ) today is up +9.80 (+3.43%), and July ICE robusta coffee (RMN26 ) is up +51 (+1.5%). Coffee prices are sharply higher today,...

Apple CEO Tim Cook Just Warned That Memory Prices Keep Rising. That’s Great News for Micron Stock

Tim Cook just highlighted a key chip trend, and it could strengthen the bull case for Micron Technology.

As Meta Platforms Buys Assured Robot Intelligence, META Stock Becomes a Bet on Humanoids

Betting on humanoid robotics with a new acquisition, META positions its stock around future AI-driven machines.

Crude Oil Prices Tumble as Middle East Ceasefire Holds

June WTI crude oil (CLM26 ) today is down -4.54 (-4.27%), and June RBOB gasoline (RBM26 ) is down -0.1140 (-3.05%). Crude oil and gasoline prices are...

Tech Stock Strength Lifts the Nasdaq 100 to a Record High

The S&P 500 Index ($SPX ) (SPY ) today is up +0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ...

Why Meta Stock Is Objectively Cheap at Current Levels

Meta is currently trading at a P/E of 20, a valuation typical of mature industrial firms rather than tech leaders. While the market focuses on massive...

Dear IonQ Stock Fans, Mark Your Calendars for May 6

Investors eye May 6 as IonQ balances breakthrough innovation with high expectations and uneven stock performance.

Coinbase Layoffs Have Crypto Bros Down Bad as AI Takes Their Jobs. Don’t Be Surprised If They Get Rehired Soonish.

Coinbase is blaming AI for 14% layoffs, but experts are skeptical this excuse will hold.

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