Dan Deming analyzes the recent price action in the metals markets, noting significant selling pressure for Gold futures to start the week. Following a recent two-week closing high, gold declined approximately 1.75% to hover near the 4,516 level, nearing the lower end of its recent six-month range. Deming identifies higher Treasury yields and a strengthening U.S. dollar—which moved back above 99—as primary headwinds driving the downward momentum. Additionally, he highlights broader dispersion across the metals sector, observing that while Silver futures also faced pressure, copper, platinum, and palladium maintained session strength.
FOLLOW THE MARKETS
Most Recent

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2026 CME Group Inc. All rights reserved.