Metals & Macro Liquidity

Shanghai Futures Exchange data shows crude oil futures contract 2608 closed overnight at 438.30 yuan per barrel, down 0.16%. Shanghai gold rose 0.81% during the night session, while Shanghai silver climbed 1.61%.

According to JPMorgan Chase, as reported by Jin10 on July 4, gold prices are expected to face near-term pressure due to weakening demand and renewed sensitivity to real interest rate movements, but the bank forecasts a recovery in the second half of 2026. The investment bank targets an average gold

JPMorgan Chase maintains a long-term bullish outlook on gold, expecting further price recovery in 2027. The bank's research reinforces its optimistic stance on the precious metal amid ongoing macroeconomic

Spot palladium fell 2.00% intraday on July 3, trading at $1,225.57 per ounce.

According to BlockBeats, on July 3, Bitget upgraded its institutional fee framework covering PRO membership and liquidity incentive programs. The upgrade extends to crypto assets, equities, precious metals, commodities, and indices, offering refined fee structures and market-making support

According to Jin10 Data, Chifeng Gold's stock surged with cumulative price deviation exceeding 20% over three consecutive trading days (July 1-3, 2026), triggering an abnormal trading alert under Shanghai Stock Exchange rules. The gold mining company attributed the volatility to significant

According to Zhitong Finance, Hong Kong stock markets rallied today (July 3) as weak U.S. labor data sparked renewed interest in safe-haven and technology stocks. The Hang Seng Index rose 1.28% to 23,350.03 points. Gold ETFs surged after U.S. non-farm payrolls increased just 57,000 in June, far

According to Jin10, on July 3, the Shanghai Gold Exchange released trading data showing compensation fee directions: Au(T+D) longs receive payment from shorts, while Ag(T+D) shorts receive payment from longs. Data reflects trading activity from July 2 (20:00-02:30) and July 3 (09:00-15:30).

Spot silver gained 3.00% intraday, trading at $62.79 per ounce as of today (July 3).

On Friday, July 3, Shanghai Gold Exchange gold T+D closed at 910.29 yuan per gram, up 2.61% for the day. Silver T+D rose 4.68% to 15,260.0 yuan per kilogram.

According to Jin10, Shanghai gold spot price closed at 909.92 yuan/gram on Friday, July 3, 2026, trading 0.83 yuan/gram below the international gold price of 910.75 yuan/gram.

According to CME data, natural gas on July 2 saw both trading volume and open interest increase, with volume rising 81,054 contracts and open interest climbing 15,118 contracts. Gold and silver also posted gains in open interest despite lower trading volumes. In contrast, copper, WTI crude oil, and

Hong Kong stocks rose at midday, with the Hang Seng Index gaining 361 points or 1.57% to close the morning session at 23,416. The rally followed overnight gains in US markets as Federal Reserve interest rate hike expectations cooled, with the Dow Jones hitting a new high, while the China Golden

According to Odaily, gold (XAU) and silver (XAG) prices surged in tandem over the past 24 hours. XAU reached a high of $4,194.74 and currently trades at $4,182.22, up 3.08% in 24 hours; XAG hit $62.54 and is now at $62.26, up 4.10% in 24 hours. According to CoinGlass data, Gate's XAG contract open i

According to Jin10, domestic gold jewelry prices rose approximately 30 yuan per gram on July 3 compared to the previous day. Most brands' 24-karat gold jewelry is quoted in the range of 1,260 to 1,262 yuan per gram.

According to market analysts at Chinese futures firms, U.S. job additions fell to just 57,000 in June, far below expectations, triggering a shift in Federal Reserve rate-hike expectations and spurring a rebound in precious metals. The miss—combined with downward revisions of 74,000 to prior months—w

According to Jin10 data, U.S. equity markets closed on July 3 in observance of Independence Day. Commodity Futures Trading Commission (CME) contracts covering precious metals, energy, forex, U.S. Treasuries, and stock index futures ended trading early on July 4 at 01:00 Beijing time.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to Jin10, on July 3, Yu Wengjian, former Party Secretary and Chairman of Shanghai Gold Exchange, was appointed as Deputy Party Secretary, Director of the People's Bank of China Shanghai headquarters, and head of the State Administration of Foreign Exchange Shanghai branch. His

Hong Kong gold stocks opened higher on July 3, with Zhaojin Mining (01818.HK) surging over 7% and Lingbao Gold (03330.HK) rising over 6%. Zijin Gold International (02259.HK) and Shandong Gold (01787.HK) followed with