Metals & Macro Liquidity

According to Citi on Monday, the bank lowered its short-term gold price target from $4,300 to $4,000 per ounce, citing sustained tensions in the Strait of Hormuz and elevated oil prices that may force the U.S. Federal Reserve to raise interest rates this year. Spot gold held near $4,330 per ounce, w

According to Jin10 Futures data, U.S. major indices closed mixed overnight on June 8. The Nasdaq climbed 0.86% to 25,929.66, while the S&P 500 rose 0.3% to 7,405.73; the Dow Jones declined 0.16% to 50,786.01. Semiconductor stocks outperformed, with the Philadelphia Semiconductor Index

SPDR Gold Trust, the world's largest gold ETF, maintained its gold holdings at 1,019.921 tons as of the latest trading day, unchanged from the previous session.

iShares Silver Trust, the world's largest silver ETF, increased its holdings by 42.21 tons compared to the previous day, bringing its total position to 15,061.48 tons.

According to Jin10, gold prices have erased most of their year-to-date gains since early January, with sharp declines accelerating in June as expectations for Federal Reserve rate hikes intensify. Since hitting a record high in late January, international gold prices have faced sustained downward pr

According to Forex.com analyst Fawad Razaqzada, gold could test major support at $4,000 per ounce this week if inflation pressures exceed expectations. The analyst's outlook hinges on the timing of the CPI report release, which could drive gold prices lower if the data comes in hotter than

According to Kitco, spot gold was trading near $4,332.20 per ounce, up 0.07%, while spot silver rose 1.31% to $68.725 in early U.S. trading on Monday. Friday's May employment report—showing 172,000 jobs added and unemployment steady at 4.3%—kept rate-cut expectations under pressure, weighing on gold

According to Shanghai Gold Exchange, gold T+D (deferred trading) closed up 0.3% at 950.0 yuan per gram on the evening of June 8, while silver T+D rose 0.66% to 16,444.0 yuan per kilogram.

According to Jin10, as of 2:30 AM on June 9, Shanghai gold futures rose 0.06% to 952 yuan per gram, while Shanghai silver futures fell 0.65% to 16,506 yuan per kilogram. SC crude oil futures declined 1.12% to 590 yuan per

According to Citi, the bank cut its gold price target for the next 3 months to $4,000, down from a previous target of $4,300.

Spot palladium fell below $1,200 per ounce for the first time since October 2025, down 1.34% during the trading session.

According to Shanghai Gold Exchange, gold T+D fell 0.12% to 946.0 yuan/gram in the evening session on June 8, while silver T+D rose 0.72% to 16,453 yuan/kilogram during the same period.

According to Mike McGlone of Bloomberg Intelligence, silver's 60% gain in 2026 reversed course as of June 5. McGlone noted that the price reversal could extend beyond silver to pressure gold and broader risk assets, potentially signaling weakening inflation trade

According to BlockBeats citing Bitunix analysts, on June 8, U.S. May non-farm employment data significantly beat expectations, reshaping market pricing away from rate-cut expectations toward potential rate hikes later this year. Simultaneously, escalating Iran-Israel tensions and energy price

According to Jin10 and Guangda Futures, silver futures in China tumbled over 9% on Monday, following stronger-than-expected U.S. jobs data released Friday. The United States added 172,000 non-farm jobs in May, well above market expectations of 85,000, with April figures revised upward to 179,000. Th

According to Jin10, gold futures declined 1% on June 8, slipping below the 200-day moving average for the first time since October 2023. The selloff was driven by fresh Middle East tensions between Israel and Iran, which heightened inflation concerns and reinforced expectations for further

According to Shanghai Gold Exchange, gold T+D fell 3.19% to 941.0 yuan per gram and silver T+D dropped 7.74% to 16,200 yuan per kilogram on Monday, June 8.

According to PANews, Shanghai Composite Index fell 1.7% on June 8, breaking below the 4,000-point level. The Shenzhen Component Index declined 3.22%, while the ChiNext Index dropped 3.69%. Combined trading volume across Shanghai and Shenzhen exchanges reached 2.79 trillion yuan. Over 4,600 stocks de

According to Jin10 Futures, as of 15:02 Beijing time on June 8, spot platinum fell 0.72%, while spot palladium rose 0.46%.

On June 8, China's commodity-linked ETFs posted mixed results at market close. Cinda Energy and Chemical Futures ETF gained 3.49%, while China Investments and Silver Futures (LOF) fell over 6%. Other funds, including Huaxia Soybean Meal Futures ETF, Dacheng Non-Ferrous Metals Futures ETF, Nanjing