Metals & Macro Liquidity

U.S. and Iranian forces conducted overnight strikes on May 28, triggering a sharp global market reaction. Gold prices fell below $4,400 USD, crude oil jumped 4%, and software company Snowflake surged nearly 35% in pre-market trading. Broader equity indices faced pressure amid heightened

According to Shanghai Gold Exchange, on May 28 evening, silver T+D futures fell 0.17% to 17,730 yuan per kilogram, while gold T+D recorded no trading volume at the opening of night session.

According to CoinDesk, VanEck's tokenized U.S. Treasuries fund VBILL launched on the Euler Protocol today (May 28), allowing qualified investors to use it as on-chain collateral for borrowing while maintaining securities compliance. Euler has integrated Securitize's DS Protocol to enforce investor a

According to Fupo Information, precious metals spot prices declined broadly on May 28. Gold fell 21.79 yuan per gram to 964.1 yuan per gram, while silver dropped 967 yuan per kilogram to 17,686 yuan per kilogram. Platinum, palladium, rhodium, iridium, and ruthenium also retreated, though with

According to the Hong Kong SAR government, the region's net gold exports to mainland China in April reached 86.715 tonnes, up 81% from 47.866 tonnes in March. Total gold exports to mainland China for the month were 99.327 tonnes, compared to 79.576 tonnes previously, representing a 24.8%

According to Hong Kong's Special Administrative Region Government, gold exports to mainland China reached 99.327 tons in April, up from 79.576 tons in the previous month.

According to PANews, on May 28, OSL Group (stock code 863.HK) announced it will serve as the primary distributor for Huaxia Digital Gold ETF. The fund, launched by Huaxia Fund (Hong Kong) Limited, will list on the Hong Kong Exchange on May 29, 2026, becoming Hong Kong's first fully tokenized gold fu

According to Shanghai Gold Exchange data, on May 28, gold T+D contracts closed down 2.33% at 961.2 yuan per gram, while silver T+D contracts fell 3.69% to 17,815.0 yuan per kilogram.

According to Jin10, as of noon Beijing time on May 28, spot platinum fell 1.10% and spot palladium declined 0.92%.

On May 28, Shanghai silver futures fell 6% intraday, trading at 17,474 yuan per kilogram. Palladium futures declined 4% during the same period, at 317.80 yuan per gram.

Natasha Kaneva, JP Morgan's Global Head of Commodities Research, stated in a recent interview during the bank's 22nd Global China Summit that the Strait of Hormuz closure is driving global inflation, interest rates, and commodity pricing. She forecasts oil prices may remain in triple digits

According to Natasha Kaneva, JPMorgan's global head of commodities research, oil prices are expected to remain above $100 per barrel through the end of 2026 if the Strait of Hormuz reopens in June, while gold prices could reach $6,000 per ounce by year-end if actual interest rates decline and

Spot silver touched $72 per ounce today, down 3.54% intraday.

According to Odaily, MGBX officially launched its TradFi perpetual contracts section, allowing users to trade global stocks, indices, precious metals, energy, and forex via USDT without requiring a traditional brokerage account. The platform offers 7×24 trading access with up to 75x leverage and a

According to Jin10 data, Chinese gold jewelry prices from multiple brands saw sharper declines today, May 28. Zhou Daisheng and Chao Hongji's gold jewelry pieces fell over 30 yuan per gram, with quotes from various brands retreating to around 1,350 yuan per gram.

According to Jin10, Shanghai gold traded at 963.14 yuan per gram in early trading on May 28 (Thursday), showing a premium of 2.7 yuan per gram above the international gold price of 960.44 yuan per gram.

According to Guru Club, spot gold fell below $4,400 per ounce today (May 28), marking the first decline to this level since March 27. The precious metal dropped more than $50 intraday, representing a 1.25% decline.