Metals & Macro Liquidity

International gold prices rose on December 9 as the US dollar weakened following a sharp decline in crude oil prices. At 12:35 PM US Eastern Time on December 9, December delivery gold futures (GCZ6) on the COMEX division of the Chicago Mercantile Exchange

According to Shanghai Gold Exchange, gold and silver futures closed lower on November 9 evening. Gold futures fell 0.1% to 880.01 yuan/gram, while silver futures declined 0.09% to 12,630 yuan/kilogram.

Shanghai Futures Exchange crude oil futures 2612 contract fell 3.62% to 614.40 yuan per barrel during overnight trading on November 9. Shanghai gold rose 0.6%, while Shanghai silver gained 0.61%.

According to Uzbekistan's Central Bank, the country's gold and foreign exchange reserves reached $43.143 billion in October, up from $41.139 billion in the previous period.

Tonight's evening session opened with most domestic futures contracts declining, with fuel oil leading losses at over 6%, followed by crude oil (SC) down nearly 5%, low-sulfur fuel oil (LU) down over 4%, and methanol and liquefied petroleum gas (LPG) down nearly 4%. Polypropylene, propylene, and

According to Shanghai Gold Exchange, on November 9 evening, gold T+D (Shanghai gold futures) rose 0.91% to 880.0 yuan per gram, while silver T+D climbed 0.83% to 12,519.0 yuan per kilogram.

BlackRock Investment Trust launched World Gold ETF (009834) and World Mining ETF (009835), with募集 scheduled from November 9 to 13, targeting global gold and silver mining companies and the mining industry supply chain. The launch comes as global stock markets experienced volatility last week while g

BlackRock Taiwan unveiled two new ETFs on November 9, marking the start of their fundraising period through November 13: the World Gold ETF (009834) and World Mining ETF (009835). The World Gold ETF tracks the FTSE TIP World Gold Index, investing in global gold and silver mining companies. The World

Barrick Mining reported third-quarter revenue of $5.07 billion, falling short of the $5.3 billion consensus estimate. The miner produced 816,000 ounces of gold and 50,000 tonnes of copper during the quarter. The company reaffirmed its full-year production

China Trust Investment projects supply gaps in strategic metals driven by AI infrastructure expansion. Silver and copper face 34% and 24% shortages by 2030, with rare earth neodymium-praseodymium oxide deficits reaching 55% by 2032. AI data centers require 30% more copper than traditional

Goldman Sachs downgraded its gold price forecasts for 2026 and 2027 due to the US Federal Reserve maintaining a hawkish monetary policy stance in recent months. The investment bank lowered its 2026 year-end gold price forecast

According to Mining Weekly, Goldman Sachs downgraded its gold price forecasts on November 9, citing the U.S. Federal Reserve's recent hawkish monetary policy stance. The bank cut its end-2026 gold price target from $4,650 per

According to Shenyin Wanguo Futures, global central banks purchased 321 metric tons of gold in the third quarter on November 9, marking the highest quarterly volume since the end of 2024. The report noted that October's non-farm payroll data came in stronger than expected, with upward revisions to A

According to John Weyer, commercial hedging co-head at Walsh Trading, on November 9, Trump policy uncertainty will continue to drive gold and silver as safe-haven assets for investors seeking to hedge against unpredictable policy shifts. While the U.S. midterm election results have reduced some

According to Shanghai Gold Exchange, on November 9 (Monday), the exchange announced its delayed compensation fee payment directions for the trading day. For Au(T+D) contracts, the long positions will pay short positions, while for Ag(T+D) contracts, short positions will pay long positions. The tradi

According to Shanghai Huatong Precious Metals afternoon settlement price on Nov 9, Grade 1 international silver rose 302 yuan per kilogram to 12,722 yuan per kilogram. Grade 2 and Grade 3 international silver also gained 302 yuan per kilogram, settling at 12,707 and 12,692 yuan per kilogram

According to Jin10 Futures, as of November 9 at 15:15 CST, Shanghai Silver (AG2702) saw net inflows of 1.03 billion yuan, leading all major contracts. CSI 1000 Index futures (IF2612) led outflows with 5.64 billion yuan, followed by CSI 300 (IF2612) with 2.43 billion yuan in outflows.

According to FXEmpire, spot gold traded near $4,112 an ounce on Monday (9 November), up 1.03 percent after President Trump said new attacks on Iran were "highly unlikely" while talks progress, causing oil prices to fall and easing inflation worries (Reuters). December Comex futures settled near $4,1

According to FXEmpire, spot silver traded at $52.52 per ounce on Monday 9 November at 06:45 GMT, up 1.12 percent, or 58 cents. The metal touched $53.31 earlier in Asian trading before retreating. Oil price weakness—prompted by President Trump's statement that new Iran attacks were unlikely as

According to Jin10, Shanghai gold traded at 881.97 yuan/gram on Monday (November 9), 0.21 yuan/gram higher than international gold at 881.76 yuan/gram.