Metals & Macro Liquidity

According to Guru Club, on August 8, domestic gold jewelry prices returned to 1,300 yuan per gram, with multiple brands offering 24-karat gold ornaments at this level. Chow Sang Sang's 24-karat gold jewelry rose to 1,315 yuan per gram, up 30 yuan in a single

According to China's State Bureau of Statistics, the country's consumer price index rose 0.5 percent year-over-year in July, down 0.5 percentage points from June. Gold jewelry prices surged 24.6 percent, while personal care products and household appliances rose 1.7 percent and 0.2 percent

Bank of Korea resumed gold investment after a 13-year pause since 2013, as three major Korean banks' combined gold banking balances fell over 700 billion won in six months through July. The central bank cited heightened interest in safe-haven assets due to Middle East conflicts and U.S.

According to Yonhapinfomax, South Korea's central bank announced in August that it will resume gold purchases for the first time in 13 years, citing prolonged geopolitical risks and reduced acquisition costs. The decision follows a sharp decline in international gold prices, which have fallen

According to BlockBeats, over the past week, crude oil prices fell significantly as the Strait of Hormuz showed signs of reopening, pushing the market's probability of a September Federal Reserve rate hike down from about 55% to 44%. U.S. job additions came in lower than expected in July, with

According to Everbright Securities research report, in July, U.S. nonfarm employment unexpectedly declined by 23,000, falling short of expectations of 80,000 gains. The unemployment rate fell to 4.1% against expectations of 4.2%, despite the drop in payrolls. Prior months were revised down by a

According to Benzinga, U.S. non-farm employment fell 23,000 in July, contrary to expectations for a gain of 80,000, with the jobless rate declining to 4.1% from 4.2%. The unexpected weakness prompted markets to slash September rate hike probability from 58% to 42%, according to CME FedWatch

According to Jin10 Data Center, the Chicago Mercantile Exchange (CME) metals commodities trading volume report for August 7 has been updated.

According to Jin10, domestic gold jewelry prices returned above 1,300 yuan today (August 8). Zhou Shengsheng fine gold jewelry was quoted at 1,315 yuan per gram, rising 30 yuan from the previous day. Multiple domestic brands saw their fine gold prices reach the 1,300-yuan

According to SPDR Gold Trust data, holdings in the world's largest gold ETF increased by 2.818 tonnes yesterday, bringing total assets to 1,017.537 tonnes.

According to Guru Club, spot gold surged 2.3% on August 8 to reach $4,336 per ounce, briefly breaking above $4,350 to mark the highest level since June 17. Weekly gains exceeded 7%, representing the best single week performance since January 2026. COMEX gold futures settled at $4,399.70, up 2.3% in

According to Guru Club, gold spot price broke through $4,300 per ounce on August 8, up 2% intraday.

Spot gold rose 2.37% to $4,339.75 per ounce on Friday (August 7) as U.S. non-farm employment data triggered accelerated gains, climbing from below $4,320 to the $4,360 level. The metal posted a weekly gain of 7.27%, having traded near $4,050 on August 3-4 before advancing over the subsequent three d

Gold and silver markets completed their strongest weekly rally since January, with December gold futures advancing from near $4,100 to trade through $4,400. The reversal followed a convergence of three factors: crude oil declined roughly 7%, the July jobs report showed a loss of 23,000 jobs

According to CFTC data for the week ended August 4, COMEX gold speculators' net long positions increased by 12,070 contracts to 132,398 contracts. Silver net longs rose by 2,679 contracts to 11,067 contracts, while copper net longs increased by 11,307 contracts to 77,796 contracts.

Shanghai Futures Exchange crude oil futures contract (Sept 26) closed up 1.44% overnight to 533.60 yuan per barrel. Shanghai gold and silver futures rose 1.53% and 1.66%, respectively.

Gold climbed to a seven-week high on Friday (August 7) after the US reported an unexpected 23,000 decline in nonfarm payrolls for July. Spot gold traded above $4,340 an ounce and briefly moved beyond $4,350. Economists had expected an 80,000 job increase. The Labor Department also revised down May a

According to UBS Chief Investment Officer Ulrike Hoffmann-Boulardiy and her team, on August 7, gold prices are projected to advance toward $5,000 per ounce in the first half of 2027. The bank stated that the current gold rally is supported by fundamental factors. While near-term risks remain,

On August 7, data released by the U.S. Bureau of Labor Statistics completely overturned market expectations. July nonfarm payrolls fell by 23k, sharply deviating from the market expectation of an increase of 80k and coming in below the lower bound of every economist’s forecast range—the weakest performance since 2026. Meanwhile, May and June nonfarm payrolls were revised down by a combined 103k jobs: May was revised from +129k to +63k, and June from +57k to +20k. The deterioration in employment