Metals & Macro Liquidity

According to CME data on June 17, gold and silver trading activity and open interest increased. Gold saw 181,188 contracts traded with 339,700 open interest, up 81,509 contracts and 370 contracts respectively from the prior day. Silver recorded 73,730 contracts traded with 107,780 open interest,

According to Jin10 Data, China's gold jewelry prices maintained a narrow range of 1,307-1,312 yuan per gram today (June 18), with most brands showing little change. Zhou Shengsheng's gold jewelry rose 7 yuan per gram.

According to the People's Bank of China, the Interbank Market Data Repository (Shanghai) officially launched on June 16. The institution was established by seven co-founders and collects high-frequency trading data from multiple financial submarkets including bonds, currencies, derivatives, gold, an

Shanghai Silver main contract futures declined 2.00% during intraday trading on June 18, currently quoted at 16,478 yuan per kilogram.

In the early hours of June 18 Beijing time, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) voted unanimously 12-0 to keep the target range for the federal funds rate unchanged at 3.50% to 3.75%. This marks the Fed’s fourth consecutive decision to hold steady since it completed a run of three consecutive rate cuts in December 2025. The rate decision itself is consistent with market expectations—ahead of the meeting, the interest-rate futures market priced in a 99.6% probability o

According to Jin10, on June 18 early trading, Shanghai gold stood at 940.6 yuan per gram, trading 0.02 yuan/gram above the international gold price of 940.58 yuan/gram.

SPDR Gold Trust, the world's largest gold ETF, added 0.856 tons of holdings overnight (June 17), bringing total holdings to 1,013.069 tons.

According to Jin10, Shanghai gold and silver futures plunged at the open today (June 18) after the Federal Reserve's dot plot signaled a more hawkish stance. The Fed's updated economic projections reflected a shift toward tighter monetary policy, weighing on precious metals

On June 18, Shanghai Gold Exchange gold T+D futures fell 0.3% to 937.87 yuan per gram during early morning trading. Silver T+D futures declined 0.99% to 16,615 yuan per kilogram on the same session.

Spot gold rose to $4,320 per ounce today, gaining 1.49% during intraday trading.

Spot silver advanced 2.00% during intraday trading on June 18, reaching $69.29 per ounce.

As of 8:30 AM Beijing time on June 18, spot platinum gained 1.38% and spot palladium rose 1.09%.

According to Guru Club, spot silver rose over 1% to $68.62 per ounce on June 18.

Société Générale commodity analysts predict gold prices will face limited medium-term upside despite declining real yields and a weaker dollar, as strong equity markets continue to attract investors to risk assets. The French banking giant attributes this outlook to persistent inflation,

According to Jin10 Futures, U.S. major indices fell overnight on June 18. The Dow Jones Index slid 0.98% to close at 51,492.55 points, the S&P 500 dropped 1.21% to 7,420.1 points, and the Nasdaq fell 1.34% to 26,021.66 points, with technology stocks leading the decline. European indices posted

The National Association of Realtors announced on Wednesday that the U.S. pending home sales index rose 3.8% in May, surpassing the 0.8% forecast. Year-over-year pending home sales increased 4.8%, exceeding the 3.0% expectation, with gains across all regions including the Northeast, Midwest,

SPDR Gold Trust, the world's largest gold ETF, held 1,012.213 tonnes of gold as of the previous trading day, with holdings unchanged from the prior session.

iShares Silver Trust, the world's largest silver ETF, saw its holdings decrease by 33.76 tons on June 16, bringing its current position to 14,939.09 tons.

According to Kitco NewsWire, spot gold was trading near $4,334.10 per ounce, up 0.06%, while spot silver was at $69.935, down 0.14%, on Wednesday morning as U.S. equity futures edged higher and crude oil remained below $80 a barrel. Market participants are positioned for the Federal Reserve's