Metals & Macro Liquidity

According to China Securities Journal, multiple Chinese banks including Bank of Communications, China Merchants Bank, and Industrial and Commercial Bank of China announced in June they will halt personal precious metals trading services via Shanghai Gold Exchange starting in July. The suspension

According to Shanghai Securities News, photovoltaic silver paste manufacturers and upstream suppliers have been adopting futures and options trading strategies since 2025 to manage silver price volatility, which has reached historic highs. Silver represents over 90% of production costs in solar

SPDR Gold Trust, the world's largest gold exchange-traded fund, decreased its holdings by 3.996 tons yesterday (July 1), bringing current holdings to 1,001.366 tons.

Nitesh Shah, Head of Commodities and Macroeconomic Research at WisdomTree, told Kitco News that gold's recent correction has brought prices back to fair value rather than signaling the end of the precious metal's bull market. Shah said investors overpriced future Federal Reserve rate hikes after the

According to Nitesh Shah, Head of Commodities and Macroeconomic Research at WisdomTree, gold has corrected back to fair value this year rather than signaling the end of a secular bull market. Speaking to Kitco News following the Federal Reserve's June monetary policy meeting, Shah noted that

The U.S. economy created 57,000 jobs in June, significantly missing consensus forecasts of 114,000, according to the Bureau of Labor Statistics. The disappointing labor market data triggered a strong rally in gold prices, with spot gold trading above $4,100 an ounce and last quoted at $4,130.25,

On July 2, spot gold surged 2.30% to $4,123.21 per ounce following the release of the U.S. Non-Farm Payrolls report at 20:30 Beijing time, having traded near $4,060 for most of the session before rallying to near $4,140 post-data. COMEX gold futures rose 1.22% to $4,132.20 per ounce. Spot silver

On Thursday (July 2), gold ETF rose 2.03%, with U.S. real estate ETF and Dow ETF gaining up to 1.24%. Meanwhile, the Nasdaq-100 ETF fell 1.73%, emerging market ETF declined 1.17%, and Russell 2000 index ETF dropped 0.58%. The S&P 500 ETF edged

The World Gold Council released its mid-year outlook for 2026, identifying key factors that could drive gold prices higher or lower through the second half of the year. Gold fell from $5,500 per ounce earlier this year to below $4,000 in late June, leaving the yellow metal down approximately 7% year

According to the World Gold Council's mid-year outlook, gold is likely to trade in a range around $4,100 per ounce with ±5% fluctuation for the remainder of 2026, with potential catalysts to break out from current levels. On the upside, worsening economic conditions, geopolitical shocks, lower

According to the Shanghai Gold Exchange, gold T+D closed at 898.0 yuan per gram on the evening of July 2, rising 1.23%, while silver T+D closed at 14,810.0 yuan per kilogram, up 1.59%.

Shanghai Futures Exchange crude oil futures (September 2026 contract) closed overnight up 0.05% at 441.80 yuan per barrel. Shanghai gold futures rose 1.18% overnight, while Shanghai silver gained 1.53%.

According to Shanghai Gold Exchange, on July 2, gold prices rose 1.8% to close at 886.81 yuan per gram, while silver prices climbed 2.94% to 14,550 yuan per kilogram on the T+D contracts market.

According to Jin10, gold rebounded on July 2 as the U.S. dollar weakened during European trading. CME FedWatch tool data shows traders are pricing a 64% probability of a Federal Reserve rate hike in September, with odds of a hike by year-end near 85%. Market focus has shifted to the upcoming U.S.

According to Jin10, on July 2, Shanghai spot gold closed at 888.61 yuan per gram during the midday session, 0.2 yuan below the international gold price of 888.81 yuan per gram.

According to State Street investment management strategists, gold prices could reach $5,000 per ounce by early 2027, citing sustained bull market dynamics driven by rising U.S. government debt and strong physical demand. The strategists noted that gold's role as a monetary hedge is expected to

Robert Kiyosaki, author of Rich Dad Poor Dad, wrote on X on July 1 that a guru's advice prompted a career shift. The guru told him, 'Your body's mission is to fulfill your spirit's mission,' which forced Kiyosaki to examine whether his work matched a deeper purpose. At the time, Kiyosaki was

According to Jin10, on July 2, spot gold rose 1% to $4,070.74 per ounce.

Hong Kong-listed gold stocks surged on July 2, with China Gold International (02099.HK) rising over 13% and Lingbao Gold (03330.HK) gaining over 11%. Zijin Gold International (02259.HK) and other gold-related stocks also

According to Guru Club, Robinhood on July 2 expanded its perpetual futures offering in Europe to include commodities, ETFs, and forex markets beyond cryptocurrencies. Eligible European investors can now trade perpetual futures linked to gold, silver, crude oil, and EUR/USD pairs with leverage up to