GC=F - Gold Futures,Jun-2018
| Pre. Settlement | N/A |
| Settlement date | 2018-06-27 |
| Open | 1,348.50 |
| Bid | 1,338.30 |
| Last price | 1,348.80 |
| Day's range | 1,337.00 - 1,348.90 |
| Volume | 256,053 |
| Ask | 1,338.40 |
Market Realist•4 hours agoImportant Updates to Come from IAMGOLD’s 1Q18 Earnings
IAMGOLD (IAG) was the best-performing gold stock of 2017, returning 51.4% for the year. It significantly outperformed the VanEck Vectors Gold Miners ETF (GDX) as well as the SPDR Gold Shares (GLD). In 2018, however, the equation has somewhat reversed. Its stock has returned -4.5% year-to-date as of April 17.
- Market Realist•5 hours ago
IMF Warns of Inflation Surprise: Could It Be Good for Gold?
The International Monetary Fund (or IMF) also warned on April 18, 2018, that the unexpected rise in US inflation could cause significant global tensions, which could force central banks to respond firmly. It added that a hike in inflation in the US could lead the Federal Reserve to raise interest rates faster than expected. The director of the IMF’s monetary and capital markets department, Tobias Adrian, said, “What we are flagging is that at some point markets see shocks in inflation that raise inflation uncertainty and when that happens, that is associated with a rise in long-term interest rates and that might lead to a tightening in financial conditions.” While he said that the uncertainty regarding US inflation is very low, markets could have an outsized reaction to any spike.
- FX Empire•6 hours ago
E-mini S&P 500 Index (ES) Futures Technical Analysis – April 20, 2018 Forecast
Based on the early trade, the direction of the index the rest of the session is likely to be determined by trader reaction to the 50% level at 2679.50.
- Market Realist•6 hours ago
Are Equity Markets’ Valuations Stretched?
The International Monetary Fund (or IMF) also warned that the downside risks to world financial stability have increased over the past six months. In this context, it added, “Valuations of risky assets are still stretched, with some late-stage credit cycle dynamics emerging, reminiscent of the pre-crisis period.” This it believes could lead to the unwinding of risks, leading to higher risk premiums and repricing of risky assets. The IMF’s view of US equity markets is similar to that of Morgan Stanley’s (MS).
- Market Realist•7 hours ago
How Wall Street Sees Gold Miners ahead of 1Q18 Earnings
At extreme levels, these ratings could even signal a change in direction, so it’s important for investors to track this data. In the senior and intermediate gold miner space (GDX)(GDXJ), analysts are the most bullish on Goldcorp (GG), assigning it 65% “buy” and 5% “sell” ratings.
- Motley Fool•7 hours ago
This Could Be a Surprising Renewable Energy Catalyst
You might want to send a thank-you card to investors of bitcoin and Ethereum.
- Investing.com•7 hours ago
Gold Prices Add to Weekly Losses in Range-Bound Trade
Investing.com - Gold prices continued the downward trend on Friday, adding to small weekly losses in relatively static trade.
- FX Empire•14 hours ago
Silver markets continue to show strength on Thursday
Silver markets rallied a bit during the trading session on Thursday, as we have broken above the $17.30 level. This market continues to look for bullish overall, but it is very choppy in general, as it is per usual.
- FX Empire•14 hours ago
Crude Oil markets continue to bounce around during choppy Thursday session
Crude oil markets went back and forth during the day on Thursday, gaining slightly, but showing that there is a lot of indecision. We have recently rallied significantly though, so we might be simply catching our collective breath before making the next move.
- Market Realist•21 hours ago
Why Haven’t Miners Kept Up as Gold Remains Buoyant?
Gold prices rose ~3% year-to-date (or YTD) after rising ~13% in 2017. Gold prices are affected by a number of factors, including rate hike expectations, trade war fears, the US dollar, and increasing volatility.
- Barrons.com•23 hours ago
Commodities Now: The Bull Breaks Down
Commodities rallied furiously Thursday morning, but leveled off by the afternoon -- a lesson for any investor to be wary of any asset class that rises too much, too fast. Brent crude gained 0.41% to $73 per barrel, West Texas Intermediate was roughly flat ending the day at around $68. Earlier in the session, Brent and WTI had both been up more than 1%.
- FX Empire•yesterday
Gold Trades Sideways as Dollar Weigh on the Yellow Metal
Gold prices continued to trade sideways, as U.S. yields gained traction on Thursday buoyed the greenback and paving the way for lower gold prices. Strong jobless claims and a solid Philly fed survey buoyed the dollar. U.S. initial jobless claims dipped 1k to 232k in the week ended April 14 after falling 9k to 233k in the prior week.
Market Realist•yesterdayA Look at Mining Stocks’ Technicals
Recent market unrest has had a significant effect on precious metals and the US dollar, which influences dollar-denominated precious metals and mining stocks. In this part of the series, we’ll look at miners’ RSI (relative strength index) scores and implied volatility. The miners we’ve selected for our analysis are Wheaton Precious Metals (SLW), Randgold Resources (GOLD), AngloGold Ashanti (AU), and IAMGOLD (IAG). In the last 30 days, miners’ performance has been mixed. GOLD and AU have fallen 2.5% and 0.11%, respectively, while SLW and IAG have risen 6.8% and 13.2%.
- Investing.com•yesterday
Gold Prices Edge Up; Dollar Steadies On Higher U.S. Yields
Investing.com – Gold prices were slightly higher on Thursday while the U.S. dollar steadied amidst higher U.S. 10-year treasury yield.
- FX Empire•2 days ago
Crude Oil continues to show signs of strength during Wednesday session
Crude oil markets rally to get on Wednesday, as we continue to show signs of strength. Part of the reason of course is the concern about tensions in the Middle East, and I think that ultimately, we will find reasons to go higher, at least in the short term.
- FX Empire•2 days ago
Gold breaks out, then pulls back on Wednesday
Gold markets broke out above the $1350 level during the day on Wednesday, but then pulled back to look for support. We did find it there, so I think that we could continue to see an upward move. However, keep a lot of caution in your trading plans as gold tends to be very noisy.
- FX Empire•2 days ago
Euro rallies during trading session on Wednesday, using previous resistance as support
The EUR/USD pair has pulled back slightly during the trading session on Wednesday, testing the 1.2350 level, and an area that has been massively resistive in the past. I think this shows that we are ready to continue going higher, perhaps reaching towards the vital 1.25 level above.
- FX Empire•2 days ago
EUR/GBP breaks above 0.87 on Wednesday
The EUR/GBP got a bit of a boost as deflationary fears entered the picture in the United Kingdom. However, there is a significant amount of noise in the immediate area where we are trading, so it makes sense that we may have gotten a bit of a pullback. I think the next 24 hours could be very crucial for this market.
- Investing.com•2 days ago
Gold Prices Sidestep Easing Geopolitical Tensions as Dollar Remains Subdued
Investing.com – Gold prices remained supported as a subdued dollar continued to underpinned upside in the precious metal despite easing geopolitical tensions.
- FX Empire•2 days ago
Gold Climbs But Cannot Following Silver’s Breakout
Gold prices moved higher but remain range bound as the dollar was strong capping upside movements in the yellow metal. Silver prices broke out but gold could not following the path of its less expensive precious metal. Gold prices moved higher on Wednesday bouncing at support near the 10-day moving average at 1,341.
- Reuters•2 days ago
Gold advances on technical buying, light safe haven demand
NEW YORK/LONDON (Reuters) - Gold prices rose to a one-week high on Wednesday on technical trading and some safe-haven demand even as the dollar held on to gains and stocks rose on risk appetite. Spot gold (XAU=) was up 0.2 percent at $1,349.71 per ounce by 1:48 p.m. EDT (1748 GMT), after touching its highest since April 11, while U.S. gold futures (GCcv1) for June delivery settled up $4, or 0.3 percent, at $1,353.50 per ounce. "We are up on safe-haven demand and a general commodities move," said George Gero, managing director of RBC Wealth Management, adding concerns over U.S. sanctions on Russia still remain.
- Investing.com•2 days ago
Gold Prices Rise With Fed References on the Horizon
Investing.com - Gold prices moved higher on Wednesday, as the dollar saw little movement and investors looked ahead to references from the Federal Reserve.
- Investing.com•2 days ago
Oil Extends Gains After Crude Inventories Data
West Texas Intermediate oil extended gains in North American trade on Wednesday, as data showed that oil supplies in the U.S. fell more than expected. Crude oil for June delivery on the New York Mercantile Exchange surged 1.69 cents or 2.54% to trade at $68.21 a barrel by 10:32 AM ET (2:32GMT) compared to $67.72 ahead of the report. The U.S. Energy Information Administration said in its weekly report that crude oil inventories fell by 1.071 million barrels in the week ended April 13.
- Reuters•2 days ago
Gold price rally, cash crunch dulls Akshaya Tritiya festival buying
MUMBAI/BENGALURU (Reuters) - Demand for physical gold was lower-than-usual during a key festival in the world's second biggest consumer India as local prices peaked and a cash crunch curbed retail spending. On Wednesday, Indians celebrated the annual festival of Akshaya Tritiya, when buying gold is considered auspicious. "Consumers want to make purchases for Akshaya Tritiya, but they are not comfortable with the current price.
- FX Empire•2 days ago
Price of Gold Fundamental Daily Forecast – Volatility Remains at Elevated Levels
There is no specific reason for the volatility in the gold market today. Traders seemed to be locked into the dollar/gold relationship though.
