Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | News | More
or

Gold Aug '23 (GCQ23)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [COMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Gold Futures Market News and Commentary

Dollar Slightly Higher as British Pound Surges to a 2-1/2 Year High

The dollar index (DXY00) Thursday rose by +0.04%.  The dollar garnered modest support Thursday after weekly US jobless claims fell more than expected to a 4-month low, a hawkish factor for Fed policy. Also, higher T-note yields Thursday strengthened the dollar’s interest rate differentials.  The dollar fell back from its best levels Thursday after the British pound (^GBPUSD) surged to a 2-1/2 year high when the BOE kept interest rates unchanged.  Also, some negative carryover from Wednesday weighed on the dollar after the Fed cut interest rates by 50 bp and projected another 50 bp in rate cuts this year.

US weekly initial unemployment claims fell -12,000 to a 4-month low of 219,000, showing a stronger labor market than expectations of 230,000.

The US Aug Philadelphia Fed business outlook survey rose +8.7 to 1.7, stronger than expectations of 0.0.

US Aug existing home sales fell -2.5% m/m to a 10-month low of 3.86 million, weaker than expectations of 3.90 million. Read more

Contract Specifications

See More
Contract
Gold 100-oz
Contract Size
100 fine troy ounces
Tick Size
0.10 (10 cents) per troy ounce ($10.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 7:20a.m. - 12:30p.m.) (Settles 12:30p.m.) CST
Exchange
COMEX
Point Value
$100
Margin/Maintenance
$11,550/10,500
First Notice Date
07/31/23
Expiration Date
08/29/23 (expired)

Seasonal Chart

Gold Aug '23
Average Price Chart for 5 Prior Aug Contracts

Commitment of Traders Positions as of Sep 10, 2024

View Chart Details
Commercials - Long / Short
78,232 (-2,184)
385,131 (-7,172)
Non-Commercials - Long / Short
340,006 (+849)
57,505 (+5,906)
Producers - Long / Short
12,568 (+727)
87,942 (+6,472)
Swap Dealers - Long / Short
52,865 (-2,224)
284,390 (-12,957)
Managed Money - Long / Short
213,645 (+1,559)
23,190 (+3,194)
Other Reportables - Long / Short
126,361 (-710)
34,315 (+2,712)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
1,884.0 +2.79%
on 08/17/23
1,971.6 -1.78%
on 07/31/23
-23.9 (-1.22%)
since 07/28/23
3-Month
1,884.0 +2.79%
on 08/17/23
2,000.7 -3.21%
on 06/01/23
-26.6 (-1.35%)
since 05/26/23
52-Week
1,682.1 +15.12%
on 09/28/22
2,102.2 -7.88%
on 05/04/23
+137.5 (+7.64%)
since 08/26/22

More Gold Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Dollar Slightly Higher as British Pound Surges to a 2-1/2 Year High

The dollar index (DXY00 ) Thursday rose by +0.04%. The dollar garnered modest support Thursday after weekly US jobless claims fell more than expected to a 4-month low, a hawkish factor for Fed policy....

DXY00 : 100.634 (-0.38%)
^GBPUSD : 1.32819 (-0.01%)
^EURUSD : 1.11619 (unch)
^USDJPY : 142.565 (-0.04%)
GCZ24 : 2,611.9 (-0.10%)
SIZ24 : 31.120 (-0.96%)
Gold and Crude Oil Analysis with Fibonacci & W.D. Gann Analysis

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

GCZ24 : 2,611.9 (-0.10%)
CLV24 : 72.10 (+0.21%)
CLX24 : 71.16 (unch)
Sentiment Speaks: Silver Is At A Major Turning Point

Silver's current structure suggests potential for a significant move, contingent on breaking resistance at 31.73 or facing a decline.

Gold $3,000 is Coming. Here's How to Invest.

Western investors, through physical ETFs, are finally joining the global gold rush led by central banks, Asian investors, and wealthy investors. Holdings of physically backed gold ETFs have risen by 90.4...

GCZ24 : 2,611.9 (-0.10%)
GCY00 : 2,587.25 (+0.02%)
TIP : 110.70 (+0.30%)
GLD : 239.17 (+1.55%)
$SPX : 5,713.64 (+1.70%)
PHYS : 20.10 (+1.41%)
Dollar Pushes Higher on Hawkish US Jobless Claims Report

The dollar index (DXY00 ) today is up by +0.36%. The dollar garnered support today after weekly US jobless claims fell more than expected to a 4-month low, a hawkish factor for Fed policy. Also, higher...

DXY00 : 100.634 (-0.38%)
^GBPUSD : 1.32819 (-0.01%)
^EURUSD : 1.11619 (unch)
^USDJPY : 142.565 (-0.04%)
GCZ24 : 2,611.9 (-0.10%)
SIZ24 : 31.120 (-0.96%)
Gold/Silver: All-Time Highs or Precious Metals Crash? -Data to Watch!

Stay informed on overnight market shifts and get expert insights for the trading day ahead. Explore today’s Metals Minute for critical levels, trade strategies, and key highlights to keep you in front...

How Our Elliott Wave Analysis of Gold Nailed the Market Move

Gold has been one of the most dynamic assets in the markets recently, and getting ahead of its price action is a challenge for most traders. However, our premium members had an edge, thanks to a detailed...

Dollar Pressured After FOMC Cuts Interest Rates by 50 bp

The dollar index (DXY00 ) Wednesday tumbled to a 14-month low and finished down by -0.12%. The dollar sank Wednesday after the FOMC cut the fed funds rate by 50 bp and projected another 50 bp of rate...

DXY00 : 100.634 (-0.38%)
^EURUSD : 1.11619 (unch)
^USDJPY : 142.565 (-0.04%)
GCZ24 : 2,611.9 (-0.10%)
SIZ24 : 31.120 (-0.96%)
Why Gold is A Hedge for Nearly All Seasons

Gold tends to perform well when interest rates are falling as investors seek safe-haven assets. Gold futures and options can help market participants manage risk amid shifting economic conditions.

Tensions in the Middle East are flaring up again

A major explosion in Lebanon injured over 2,000 people, prompting Hezbollah to pledge retaliation and continue supporting Gaza, dampening hopes for peace efforts. While markets remain steady with no surge...

CLX24 : 71.16 (unch)
CBZ24 : 74.01s (+1.55%)
$TNX : 3.74 (+1.63%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 1,962.6
2nd Resistance Point 1,949.6
1st Resistance Point 1,943.0
Last Price 1,936.5s
1st Support Level 1,923.4
2nd Support Level 1,910.4
3rd Support Level 1,903.8

See More

52-Week High 2,102.2
Fibonacci 61.8% 1,941.7
Last Price 1,936.5s
Fibonacci 50% 1,892.2
Fibonacci 38.2% 1,842.6
52-Week Low 1,682.1

See More

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.
Use your up/down arrows to move through the symbols.

Free Barchart Webinar