Metals & Macro Liquidity

Over the weekend, Fed Chair Jerome Powell's Jackson Hole speech triggered sharp declines across global markets, with the 2-year Treasury yield surging 12.8 basis points to 4.36% as investors interpreted his 25 mentions of inflation in 28 minutes as signaling an imminent rate increase. Chicago

According to Gate data, silver (XAGUSD) fell to $66.063 per ounce today, down 0.4% from the previous trading session close.

Spot gold rose to $4,460 per ounce today, up from an intraday low of $4,432.60.

According to Guru Club, COMEX gold spot prices fell below $4,500 per ounce on August 31, declining 0.64% during the trading session.

Spot gold gapped down on Monday's open, trading at $4,436 per ounce and declining 0.4% intraday.

According to The Motley Fool, Bridgewater Associates founder Ray Dalio recently reversed his long-held view on Bitcoin, shifting from calling it a "bubble" in 2017 to recommending portfolio allocation of up to 2% BTC as a hedge against debt and fiscal deficits facing most economies. Dalio views

On August 19, the U.S. Treasury announced it doubled its long-dated bond buyback program to $4 billion, prompting gold traders to increase bullish bets and sending spot prices surging over 7% in five days to near $4,700 per ounce. According to Goldman Sachs, gold call option demand has risen

According to Goldman Sachs, gold surged over 7% in five days following the US Treasury's August 19 announcement to double its buyback program for long-dated bonds to $4 billion, pushing prices near $4,700 per ounce. The options market showed notable conviction, with gold call option demand rising an

According to ETF CHECK data, South Korean retail investors recorded net inflows of 114.02 billion won (approximately $79 million) into 10 gold-linked exchange-traded funds over the past month through August 30. The inflows included 108.652 billion won into five spot gold ETFs, with ACE KRX Gold

According to Federal Reserve Chair Kevin Warsh's Jackson Hole speech on August 28, spot gold fell 3.2% to roughly $4,456 per ounce as he signaled underlying inflation has not meaningfully improved and the Fed may still have work to do. Warsh noted the six-month PCE inflation rate stands at 4.1%,

The US Treasury doubled its bond buyback program to $4 billion on August 19, prompting gold traders to increase bullish options positions as the metal surged over 7% in five days to near $4,700 per ounce. The expanded buyback program aims to smooth market functioning and manage long-term yields by p

According to Goldman Sachs, gold surged over 7% in five days following the US Treasury's August 19 announcement to double its buyback program for long-dated bonds to $4 billion, pushing prices near $4,700 per ounce. The intervention signaled market concerns about sovereign debt risks and fiscal

According to Bank of America chief investment strategist Michael Hartnett, contrarian investors are closely monitoring two potential catalysts that could trigger a shift to defensive assets as bullish consensus reaches extreme levels. The first signal is an easing of U.S.-Iran tensions coupled

According to Goldman Sachs Research analysts Lina Thomas and Daan Struyven, gold will reach $4,900 per troy ounce by year-end, driven by central banks purchasing an average of 50 tonnes monthly. This represents a 300% increase from pre-2022 levels of 17 tonnes per month. The analysts cited reserve d

According to Bloomberg NEF and JP Morgan, the global solar panel industry is significantly reducing silver consumption in 2026 due to soaring costs. Silver prices surged 150% last year, with silver now accounting for approximately 20% of solar module production costs. JP Morgan projects

According to Jin10, China Gold reported H1 2026 net profit of 2.79 billion yuan, down 12.35% year-over-year, on August 30. Operating revenue reached 248.996 billion yuan, declining 19.93% YoY. The company proposed a cash dividend of 0.92 yuan per 10

According to Seoul Econ, personal investors in South Korea channeled 114 billion Korean won into gold ETFs over the past month, with bullion ETF returns reaching 8% as international gold prices hit $4,508 per ounce on August 28. The ACE KRX Gold Bullion and TIGER KRX Gold Bullion ETFs gained 8.01% a

According to Goldman Sachs Research, the precious metal is forecast to reach $4,900 per troy ounce by year-end, driven by heightened central bank demand. Lina Thomas and Daan Struyven, analysts at the firm, expect central banks to purchase 50 tonnes monthly this year, representing a 300% increase

According to ChainCatcher, recently Hong Kong's Securities and Futures Commission (SFC) listed Star Bridge Capital and related entities as unlicensed companies prohibited from conducting regulated activities or actively promoting services to Hong Kong residents. The move follows reports of

According to Goldman Sachs Research analysts Lina Thomas and Daan Struyven, gold will hit $4,900 per troy ounce by year-end, driven by elevated central bank demand. Central banks are expected to purchase 50 tonnes monthly this year, representing a 300% increase from 17 tonnes per month