Metals & Macro Liquidity

The Central Bank of Turkey initiated a one-week gold-for-lira sell swap auction, offering 4 tons of gold through traditional auction methods today (September 22).

According to Jin10, spot gold broke below the $4,300 per ounce level on Sept 22, declining 1.00% intraday. New York COMEX gold futures fell over 1.00% on the day, trading at $4,340.00 per ounce.

Spot silver declined 1.5% intraday on September 22, breaking below the $65 per ounce level and trading at $64.97 per ounce.

On September 22 (Tuesday), according to Shanghai Gold Exchange, gold T+D futures closed down 1.06% at 931.3 yuan per gram, while silver T+D declined 1.83% to 15,850 yuan per kilogram.

UBS identified Asian emerging market bonds and gold as attractive investment opportunities amid elevated global bond yields, according to statements made on CNBC on the 21st local time. Adrian Zuercher, UBS Global Asset Allocation co-head, stated the firm is focusing on Asian emerging markets

According to Jin10 Futures, as of 15:00 Beijing time on September 22, spot platinum fell 1.28% and spot palladium fell 1.08%.

According to Bloomberg, China's gold imports through August 2026 have exceeded 1,000 tons, surpassing the entire 2025 annual total, according to customs data tracked since 2017. The record-level purchases were driven by declining international gold prices and a stronger

According to Invesco, the firm expects the Federal Reserve to raise interest rates only once more this year, with a potential shift toward rate cuts within 12 to 15 months on September 22. Invesco holds a positive outlook on gold, citing its traditional role as a portfolio diversification tool with

According to Adrian Zuercher, head of global asset allocation at UBS's chief investment office, the bank is shifting its asset allocation focus toward Asian emerging market bonds on September 22. Speaking on CNBC, Zuercher noted that strong macroeconomic conditions are supporting emerging market

According to CME data, on September 21, WTI crude oil and Brent crude oil trading volumes and open interest both declined, while copper and natural gas showed mixed activity with rising trading but falling open interest. Gold and silver trading volumes retreated but open interest

According to CME, metal commodity trading volume data for September 21 has been updated in the Jin10 Data Center.

According to Standard Chartered, on September 22, the bank forecasted that gold's average price in the fourth quarter of 2026 will reach $4,650 per ounce, up from approximately $4,350 in Q3. Following the Federal Reserve's 25 basis point rate increase last week, gold has not weakened as

According to Jin10, Shanghai gold traded at 936.61 yuan per gram in the morning session on September 22, 2026 (Tuesday), compared to the international gold price of 934.89 yuan per gram, representing a premium of 1.72 yuan per gram.

According to Jin10 citing Guang Da Futures, overnight on September 21, COMEX gold fell to $4,381 per ounce, down 0.99%, while Shanghai futures gold (SHFE) dropped 0.39% to 939.26 yuan per gram. Federal Reserve officials delivered hawkish remarks, with Chicago Fed President warning that persistent

Goldman Sachs maintained its bullish gold price forecast in a report released on the 18th, projecting gold will reach $5,400 per ounce by the end of 2027 despite potential US interest rate increases in October. The investment bank attributes the sustained upward trajectory to robust central bank

According to The Street, Goldman Sachs maintained its bullish outlook for gold prices on September 18, sustaining a 2027 year-end target of $5,400 per ounce despite the possibility of further U.S. Federal Reserve rate hikes. Analyst Lina Thomas noted that rate increases would likely slow gold's

According to Shanghai Gold Exchange, gold futures (T+D) declined 0.34% to 938.1 yuan per gram in early morning trading on Sept 22, while silver futures (T+D) fell 0.04% to 16,140 yuan per kilogram during the same

According to Jin10 Futures, spot platinum rose 0.23% and spot palladium rose 0.30% as of 08:30 Beijing time on September 22.

According to CoinDesk, Bitcoin's gold ratio currently stands at 19.8 ounces, approaching the 20-ounce mark per BTC. This represents a recovery from February's low of 12 ounces but remains well below the historical peak of over 40 ounces. The ratio has declined just 1% year-to-date, according to

Spot silver gained 1.00% today, trading at $66.68 per ounce.