Metals & Macro Liquidity

Spot platinum and palladium prices rose today at noon Beijing time (15:00), with platinum gaining 1.03% and palladium advancing 0.10%.

The European Central Bank released a report on 2nd (local time) finding that Tether, the issuer of the world's largest stablecoin USDT, purchased over 100 tons of gold in 2025, surpassing Poland as the single largest buyer. The ECB's 'International Role of the Euro' report stated Tether's

According to a European Central Bank (ECB) report published on June 2, Tether purchased over 100 tons of gold in 2025, becoming the single largest buyer globally and surpassing Poland, the largest gold-purchasing nation. The ECB highlighted the macroeconomic implications of stablecoin expansion at t

According to Jin10 Data, HSBC released its Q3 2026 Global Investment Outlook on June 4, favoring investment-grade bonds to capture coupon yield alongside emerging market local currency debt. The bank highlighted that gold remains an effective hedge and diversification tool, while infrastructure inve

According to Caijing Finance, gold prices have declined significantly since late January 2026. International spot gold prices have fallen from a peak of $5,598.75 per ounce to around $4,500 per ounce, representing a drop of over $1,000 per ounce. In China's domestic market, mainstream gold jewelry r

According to CME data released on June 3, precious metals and energy futures showed mixed activity. Gold futures logged 119,880 contracts traded with 328,103 open interest, up 9,688 and 2,051 contracts respectively; silver futures recorded 42,978 traded and 103,235 open interest, rising 3,564 and 42

SPDR Gold Trust, the world's largest gold ETF, saw holdings decline by 1.143 metric tons to 1,026.857 metric tons on June 3.

Gold prices hovered around $4,450 per ounce on Thursday, down nearly 2% this week, as Middle East tensions escalated between the U.S., Iran, Bahrain and Kuwait. The conflict, the most severe since an April ceasefire agreement, sent energy prices higher and sparked concerns about inflation.

According to Jin10, domestic gold jewelry prices remained largely unchanged today (June 4), with most brands holding steady compared to yesterday or showing slight declines. Multiple brands quoted prices near the 1,350-1,365 yuan per gram

Robert Kiyosaki, author of Rich Dad Poor Dad, questioned in a June 2 post on X how a government that 'takes 40% of everyone's money' still accumulates trillions in debt. The post linked tax burden, federal spending, and public distrust in a critique of U.S. fiscal policy. U.S. public debt stood

On June 2, Robert Kiyosaki questioned on X how the U.S. government collects high taxes yet remains deeply indebted, highlighting a fiscal contradiction. Public debt stood at approximately $39.2 trillion, while the Congressional Budget Office projects gross federal debt will reach $64 trillion

Peter Schiff, an economist known for long-term bearish views on the U.S. economy, said on June 3 in an interview with TheStreet that today’s U.S. stock market is more like a “time bomb,” with the market pricing equities “according to hopes rather than reality,” while ignoring structural risks such as U.S. Treasury debt nearing $39 trillion. Schiff explained that many of his warnings over the past several years have been gradually validated, and the only thing that hasn’t happened yet is the “ult

According to Gate's latest data, silver prices surged to $73.246 per ounce today (June 4), gaining 1.32%, while gold rose 0.38% to $4,448.51 per ounce. Bitcoin volatility index (BVIX) jumped 10.19% to 47.6, while Ethereum volatility index (EVIX) gained 6.21% to 59.04. In forex markets, USD/CNH

On June 4 morning opening, Shanghai Gold Exchange Gold T+D fell 0.54% to 970.71 yuan per gram, while Silver T+D declined 1.56% to 17,739.0 yuan per kilogram.

According to Comex data, gold futures fell to 4462.7 USD/oz on June 3, down 1.27%, while domestic Shanghai gold futures declined 0.74% to 973.42 yuan/gram. The decline came after stronger-than-expected U.S. employment data: May ADP jobs increased by 122,000, the largest gain since January 2025. The

At 8:30 BJT on June 4, spot platinum rose 0.21% while spot palladium advanced 0.50%.

According to Jin10, 14 gold ETFs saw net outflows exceeding 10 billion yuan over the past month as of June 3, amid continued price volatility and market uncertainty. Gold prices have remained volatile in recent weeks, pressuring overall fund

On Wednesday (June 3), COMEX gold futures fell 1.34% to $4,459.40 per ounce during New York's closing session, trading between $4,525.10 and $4,454. Spot gold declined 1.23% to $4,433.51 per ounce. COMEX silver futures fell 3.50% to $72.91 per ounce, while COMEX copper futures dropped 2.98% to $6.4

Spot palladium fell nearly 5% intraday on June 3, trading at $1,302 per ounce.

Palladium spot prices fell 4.00% intraday, trading at $1,312.90 per troy ounce on June 3.