Metals & Macro Liquidity

From 14:30 to 14:45 UTC on August 4, 2026, BTC rose 0.37% in a short-term move, trading within a price range of 63,859.7–64,177.3 USDT, with an Ampl of 0.50%. Over 24 hours, the market remained in a narrow $63,000–$64,000 range, fluctuating by just 0.68%, with a Filled Amount of 209.24 BTC. This indicated extremely low market participation and an overall wait-and-see sentiment. The primary driver of this movement was the continued escalation of geopolitical tensions in the Middle East. Diplomati

The Bank of Korea will buy physical gold again after 13 years, marking a return to precious metal accumulation that ended in 2013. Gold traded near $4,086 an ounce on Tuesday, up 0.8%, sitting 27% below its January record while remaining up about 20% on the year. Jung Hee-sub, who runs the bank's

According to World Gold Council data, the Bank of Korea resumed physical gold purchases on August 4 after a 13-year hiatus, buying domestic production from copper and zinc smelting operations. The move marks Seoul's first gold acquisition since 2013, when it halted purchases following a 38.5%

Commodity analysts at Sucden Financial expect gold to remain rangebound through the third quarter, consolidating within a $3,950-$4,300 per ounce range through late September, as resilient economic growth and higher real yields continue to pose downside risks. The forecast comes despite gold's

According to Sucden Financial, gold remains vulnerable and stuck in neutral around $4,000 per ounce despite a nearly 30% decline from January highs. The commodity analyst expects prices to remain rangebound through late September, consolidating within a $3,950-$4,300 per ounce range. Despite the cor

Deutsche Bank reaffirmed its bullish outlook for gold, maintaining a fourth-quarter 2026 forecast of $4,600 per ounce while estimating the metal's fair value could reach $4,700 per ounce by year-end. The forecast comes as gold traded at $4,059 as of press time, having erased most of its 2026 gains w

According to Deutsche Bank's latest analysis, the banking giant maintained its bullish gold price forecast for Q4 2026 at $4,600 per ounce, while estimating the metal's fair value could reach $4,700 per ounce by year-end. The forecast was issued as gold traded at $4,059 as of press time, down more t

Spot gold prices surged $30 to break above $4,090 per ounce on August 4, up 0.86% intraday.

Tether Gold (XAUt) saw its physical gold reserves increase 9.5% in the second quarter, reflecting growing demand for tokenized gold exposure, according to Tether's attestation report. The reserve growth occurred as gold fell 14.1% during the quarter, marking its worst quarterly performance since the

According to Statistics Canada, the country's trade surplus expanded to CAD 38.6 billion (approximately $27 billion) in June, marking the fourth consecutive month of gains. Imports and exports both grew 0.2% and 0.4% respectively compared to May. Gold exports emerged as the primary driver,

According to Bitget CFD chief analyst Lewis Huang, today (August 4), nonfarm payrolls this week will serve as a key gauge of U.S. labor market strength, with unemployment rate, average hourly earnings, and prior month revisions all critical to

According to Gate data, Brent crude (XBRUSD) fell to $83.76 per barrel today, down 0.9% in 24 hours. Spot silver surged 2.00%, trading at $59.35 per troy ounce.

Silver spot prices rose 2.00% intraday on August 4, trading at $59.35 per ounce.

The Federal Reserve's July 29 decision exposed internal division as three officials voted to raise interest rates, while the Institute for Supply Management reported U.S. Manufacturing PMI rose to 55.6 in July—the strongest reading since May 2022 and above the 54.0 forecast. The manufacturing

According to Jin10, Shanghai Gold Exchange released trading data for August 4. Gold futures (Au T+D) showed long positions paying short positions in contango fees, while silver futures (Ag T+D) displayed the same contango

According to Shanghai Gold Exchange, gold T+D futures closed 0.25% higher at 884.0 yuan per gram on August 4, while silver T+D futures rose 1.5% to 14,332.0 yuan per kilogram.

According to Jin10 Futures, as of 15:00 Beijing time on August 4, spot platinum rose 1.13% while spot palladium gained 1.14% during the noon session.

According to Odaily, China Gold ETF has recorded net inflows for 14 consecutive trading days, marking the longest continuous inflow period since March 2026.

According to Guru Club, Shanghai Silver futures rose 2% intraday on August 4, trading at 14,394 yuan per kilogram.

According to Seoul Economic Daily, South Korea's central bank resumed physical gold purchases on August 4, the first time in 13 years. The central bank has established a cooperation framework with the Korea Exchange (KRX) and Korea Securities Depository (KSD) to acquire domestically produced gold in