Metals & Macro Liquidity

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

Spot silver rose 2.00% intraday to $60.27 per ounce on July 2.

According to Jin10, China's domestic gold jewelry prices from multiple brands rose approximately 25 yuan per gram on July 2 compared to the previous day, with market quotations ranging around 1230-1236 yuan per gram.

China's precious metals sector surged today, with three major gold miners—Zhaojin Mining, Chifeng Gold, and Shanjin International—hitting daily trading limits. Four other stocks in the sector also gained, including Xiaocheng Technology, Western Gold, Zijin Mining, and Sichuan Gold.

According to Jin10, U.S. ADP employment growth in June hit its lowest level since March, signaling a slowdown in hiring momentum. Fed officials' dovish remarks triggered a rebound in precious metals, with gold and silver gaining as investor sentiment shifted amid softer labor market

According to on-chain analyst Ember Monitor, a whale liquidated 1,000 PAXG (Paxos Gold) for $404 million on July 2, realizing a $1.06 million loss (-21%). The whale had withdrawn the tokens from Binance in February-March at an average price of $5,103 per token, when the position was worth $510 milli

According to Jin10, the U.S. June nonfarm payroll data will be released early today, July 2, at 20:30 Beijing time, due to the Independence Day holiday on July 3. The U.S. stock market will be closed on July 3. Commodity Futures Trading Commission (CFTC) regulated markets, including CME precious

According to Everbright Futures commentary released Wednesday, Federal Reserve Chair Powell stated yesterday that inflation risks have declined over the past four weeks and the Fed will abandon forward guidance, relying entirely on real-time economic data. Powell's dovish remarks, combined with

Spot silver and gold rose intraday on July 2, with silver breaking above $60 per ounce, up 1.55% for the day, while gold climbed 0.8% to trade at $4,064 per ounce.

According to Shanghai Gold Exchange, gold T+D futures rose 1.69% to 885.9 yuan per gram during early morning trading on July 2, while silver T+D surged 3.16% to 14,580 yuan per kilogram.

Spot gold and silver prices were firmer ahead of the North American market open Wednesday, as traders covered shorts near major support while a firmer U.S. dollar and higher Treasury yields kept the rebound contained before Thursday's June employment report. At the time of writing, spot gold was tra

According to Kitco, spot gold and silver prices are steadier ahead of Thursday's U.S. nonfarm payrolls report on July 3, with gold trading near $4,028.20 (up 0.54%) and silver near $58.63 (up 0.29%) on Wednesday. Gold's early trading range was $3,959.40 to $4,036.40, while silver ranged

According to Bloomberg, Robinhood Markets Inc. announced the launch of perpetual futures linked to commodities, ETFs, and currency pairs for eligible European users. The platform now offers perpetual contracts for gold, silver, crude oil, and the EUR/USD pair with a