Metals & Macro Liquidity

According to Jin10, gold bar prices across major Chinese banks declined on September 14, with Agricultural Bank of China recording the largest drop of 8.58 yuan per gram compared to the previous day. Industrial and Commercial Bank of China and China Minsheng Bank also saw price declines, while

On September 14, Shanghai Gold Exchange's gold T+D contract opened at 938.0 yuan per gram, up 0.0%, while silver T+D rose 0.05% to 15,580 yuan per kilogram during morning trading.

According to Jin10, spot gold fell to $4,332 per ounce during early trading today (September 14). Rising expectations of U.S. Federal Reserve interest rate increases weighed on gold prices.

Spot platinum declined 0.10% and spot palladium fell 0.16% as of 8:30 AM Beijing time on September 14.

According to Guru Club, after the U.S. August CPI report on Sept 14, September Federal Reserve rate hike odds surged to 87%, triggering initial weakness in gold prices that later recovered. Core inflation came in above expectations, though the increase was primarily driven by one-time service

According to Guru Club, on Monday's open, spot gold fell 0.36% to $4,332.64 per ounce, while spot silver declined 0.84% to $63.91 per ounce.

According to Tianfeng Securities research (via Jin10 Data), on September 13, silver experienced significant volatility, with a sharp decline recorded on Friday following an earlier rebound mid-week. Gold remained stable but showed weak rebound momentum. The brokerage maintains a bearish timing

According to U.S. media reported on Sept. 12, the Federal Bureau of Investigation seized over $40 million in gold bars, approximately $2 million in cash, and dozens of luxury watches from the residence of former Central Intelligence Agency official David J. Rush. The case involves significant

According to Jin10, on September 12, Goldman Sachs maintains its year-end 2026 gold price forecast of $4,900 per ounce, citing net upside risks despite potential two-way volatility. The bank assumes sustained central bank

According to Jin10 data compilation, the U.S. August non-seasonally adjusted CPI increased 0.4% month-on-month yesterday (September 11), the highest since June 2026, compared to 0.1% previously. Seasonally adjusted core CPI rose 0.3% month-on-month, surpassing market expectations and the

According to Goldman Sachs, on September 12, the bank maintained its year-end 2026 gold price forecast of $4,900 per ounce while citing net upside risks, though the path could see increased two-way volatility. The forecast assumes robust central bank demand. Goldman Sachs noted that if ETF inflows r

On Sept 11, spot gold rose 0.68% to $4,348.11 per ounce. Following the U.S. CPI data release at 8:30 PM Beijing time, gold briefly surged to a daily high of $4,402.27, breaking the $4,400 level before retracing. For the week, gold declined 1.85%. Spot silver climbed 1.32% to $64.44 per ounce but

On Friday (September 11), emerging markets ETF rose 1.25%, leading major asset class ETFs, while Brent oil fund fell 2.79%. U.S. equity ETFs also gained, with Dow Jones ETF up 0.97%, Nasdaq-100 ETF up 0.87%, and S&P 500 ETF up 0.85%. Real estate, convertible bonds, and gold ETFs each climbed at

According to the U.S. Department of Labor and CME data, on September 11, COMEX December gold futures (GCZ6) declined 0.05% to $4,405.20 per troy ounce after the August core Consumer Price Index rose 0.3% month-over-month, exceeding market expectations of 0.2%. The stronger-than-expected inflation r

According to COMEX data as of the week ending September 8, gold speculators reduced net long positions by 1,263 contracts to 139,548, while silver speculators increased net long positions by 2,006 contracts to 14,176. Copper speculators also raised net long positions by 9,016 contracts to 82,017.

According to Goldman Sachs, the bank's fair value forecast for gold prices at $4,900 per ounce by the end of 2026 is based on the assumption of sustained strong demand from central banks globally.

According to Shanghai Futures Exchange data, crude oil futures contract 2610 closed the night session up 4.96% at 850.10 yuan per barrel. Gold futures fell 0.04%, while silver futures rose 0.49% during the same session.

Shanghai Gold Exchange gold futures (T+D) closed up 0.16% at 939.5 yuan per gram on Friday evening, Sept 11, while silver futures rose 0.73% to 15,685 yuan per kilogram.

According to Gate data, gold (XAUUSD) pulled back to $4,350 per ounce, trading near $4,349.93 as of press time, with a 24-hour gain of 0.2%.