Metals & Macro Liquidity

According to the European Central Bank's June 2026 report, gold accounted for 27% of total global official reserves by the end of 2025, surpassing US Treasuries at 22% for the first time in decades. This marks a significant shift in central bank reserve strategy, with gold climbing from 20% a year e

Spot gold broke through $4,490 per ounce intraday on June 4, gaining 1.27%. Spot silver surged past $74 per ounce, rising 1.78% during the same period.

According to the Institute for Supply Management, the U.S. Services Purchasing Managers Index came in at 54.5 in May, up from 53.6 in April and above the forecasted 53.8. The reading marks the 23rd consecutive month of expansion in the services sector. Following the data release on Wednesday

Gate News message: On June 10, 2026, according to an official Gate announcement, Gate Square launched a themed campaign called "My Gate Trading Moments," inviting users to share their investment stories in areas such as BTC, Meme coins, contracts, U.S. stocks, gold, prediction markets, and more. The campaign runs from June 10, 2026 to June 23, 2026. Participants can post original content on the X platform or on Gate Square. Posts with images and text must be no fewer than 200 Chinese characters;

Agricultural Bank of China announced an adjustment to margin ratios for its precious metals trading contracts on June 5, 2026. Au(T+D) and Ag(T+D) contracts will see margin requirements increased from 100% to 120%, effective from the market close settlement on June 5.

According to the World Gold Council report released on June 4, global central banks resumed net purchases of gold in April, collectively adding 17 tons after net sales in March. China's central bank increased holdings by 8 tons, marking the largest single-month increase since December 2024,

According to Shanghai Gold Exchange, gold T+D and silver T+D closed lower on June 4 (Thursday). Gold T+D declined 0.17% to 974.3 yuan per gram, while silver T+D fell 1.93% to 17,673.0 yuan per kilogram.

The U.S. private sector created 122,000 jobs in May, according to payroll processor ADP, slightly exceeding the consensus forecast of 118,000 and marking an increase from 109,000 jobs in April. The resilient labor market is prompting analysts to suggest the Federal Reserve may need to prioritize

According to ADP, the private sector created 122,000 jobs in May, exceeding both April's 109,000 and consensus forecasts of 118,000. The stronger-than-expected labor data pressured gold prices, with spot gold trading at $4,460.40 per ounce, down 0.60% on the day. Expectations of potential Federal

According to Kitco, spot gold fell 0.81% to $4,451.70 per ounce and silver dropped 1.37% to $74.105 on Wednesday, as rising oil prices, a firmer U.S. dollar and escalating U.S.-Iran hostilities offset safe-haven demand. U.S. and Iranian forces exchanged fire after Washington disabled an Iranian

On June 4 at market close, multiple China-focused commodity ETFs declined. Xinhua Energy and Chemical Futures ETF led losses with a drop exceeding 2%, while Huaxia Soybean Meal Futures ETF, Dachengrui Non-Ferrous Metals Futures ETF, and Guotai Silver Futures (LOF) each fell over 1%. Guolian An

According to Jin10, Shanghai gold was quoted at 974.87 yuan per gram at noon on June 4, trading at a premium of 2.13 yuan per gram compared to the international gold price of 972.74 yuan per gram.

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.