Metals & Macro Liquidity

Spot gold declined 0.5% intraday on September 24, trading at $4,265.74 per ounce.

According to Jin10, on September 24, gold futures held at $4,316.30 per ounce amid pressure from a stronger U.S. dollar and U.S. Treasury yields hitting multi-year highs. The market has priced in at least three additional interest rate hikes through April, according to Mitsubishi UFJ analyst

According to Jin10, as of 3:22 PM on September 24, China's CSI 1000 futures contracts saw net inflows of 5.241 billion yuan, while CSI 500 and CSI 300 futures received 1.881 billion and 1.590 billion yuan respectively. On the

According to Jin10 Futures, on September 24, copper futures inventories at Shanghai Futures Exchange fell to 16,620 tonnes, down 2,468 tonnes from the previous trading day. Aluminum inventories declined by 10,637 tonnes to 146,691 tonnes, while zinc dropped 1,403 tonnes to 85,821 tonnes. Gold futur

According to Jin10, Shanghai gold traded at 924.45 yuan per gram in the afternoon session on Thursday, September 24, commanding a premium of 1.67 yuan per gram over the international gold price of 922.78 yuan per gram.

According to Jin10 Futures, as of 3 PM Beijing time on September 24, spot platinum fell 0.35% and spot palladium fell 0.11%.

According to CME data reported by Jin10, on September 23, gold and silver futures contracts saw declines in both trading volume and open interest. Gold futures trading volume fell to 167,650 contracts,

According to Jin10 and global PMI data, Shanghai silver futures fell over 3% today, wiping out prior gains as precious metals came under broad pressure. The selloff was driven by robust U.S. economic data: the S&P Global composite PMI initial reading surged to 58.4 in September, far exceeding

At market open on September 24, China's domestic futures showed mixed trading. Lithium carbonate fell over 4%, with silver and platinum declining over 3%. European shipping indices, polysilicon, and palladium dropped over 2%, while coal and live hog futures fell over 1%. On the upside, SC crude

According to Jin10, domestic gold jewelry brands saw prices drop below 1,300 yuan/gram today (September 24), with declines ranging from 9 to 13 yuan/gram across multiple manufacturers.

According to Shandong Gold's statement at its 2026 H1 earnings call on Sept. 24, the company is actively advancing several M&A projects. In selecting domestic acquisition targets, Shandong Gold prioritizes assets located in major ore-bearing regions with large reserves and significant exploration

According to Gain Capital's market barometer, the U.S. composite PMI reached its highest level since July 2021 in September, with inflation pressures intensifying. Gold showed strong sell signals, indicating potential downward pressure on the precious metal amid rising price

According to on-chain data monitoring, whale Loracle has added to its 3x leveraged PONS short position over two consecutive days, now holding 984,765 PONS tokens. The position has flipped from losses to an unrealized gain of approximately $57,000. Loracle also maintains short positions in

On Thursday morning, September 24, Shanghai gold opened at 928.27 yuan per gram, trading 0.93 yuan above the international gold price of approximately 927.34 yuan per gram.

According to BlockBeats on September 24, gold fell below $4,300 per ounce amid dollar strength and rising Treasury yields, though TD Securities and BMO Capital Markets both expect the metal to breach $5,000 in 2027. TD Securities noted that gold's traditional negative correlation with real

Spot gold continued to decline in early Asian trading on September 24, falling below $4,280 per ounce with a daily loss of 0.16%.

NH Investment & Securities forecasts gold prices will recover to $5000 per ounce by year-end, despite ongoing concerns over additional Federal Reserve tightening. Last week, the S&P GSCI composite commodity index rose 0.22% as investors treated Fed policy concerns as already priced in and resumed

According to NH Investment & Securities, gold prices broke through $2,600 per ounce for the first time on September 23, amid expectations of further U.S. Federal Reserve rate hikes and Middle East tensions. The bank's FICC research head Hwang Byung-jin noted that near-term upward pressure on real

According to Jin10 Futures, as of 09:30 Beijing time on Sept 24, NYMEX gold futures rose 0.36%, silver futures fell 0.41%, and copper futures gained 0.17%.

On September 24, Shanghai Gold Exchange gold T+D (gold futures) declined 0.78% in early morning trading to 928.44 yuan per gram, while silver T+D dropped 2.66% to 15,701.0 yuan per kilogram.