Metals & Macro Liquidity

On Sept 8 (Tuesday), Shanghai Gold Exchange's gold T+D contract closed up 0.04% at 950.8 yuan per gram, while silver T+D closed up 0.63% at 16,092.0 yuan per kilogram.

According to its official announcement on September 8, Pufa Bank will halt its agency services for individual precious metals trading on the Shanghai Gold Exchange. The adjustment is based on risk management and business considerations, according to the bank's

Bitcoin's 90-day correlation with gold has reached +0.56, the highest level in roughly nine years of comparable data, according to figures reported by Protos on September 7. The cryptocurrency's relationship with U.S. technology stocks has moved in the opposite direction, with its 90-day correlation

According to Jin10, Pufa Bank announced on September 8 that it will halt agency services for personal precious metals trading on the Shanghai Gold Exchange effective September 25, 2026. The bank will close trading permissions across mobile banking, online banking, and branch counters. Existing

According to Goldman Sachs report on September 7, U.S. nonfarm payrolls added 162,000 in August with unemployment holding steady at 4.1%, reigniting market expectations for September rate hikes. Despite rising real Treasury yields, gold rallied and was upgraded to overweight by Goldman Sachs with a

According to Jinshi Futures and Guotai Junan Futures, on Sept 7, COMEX gold prices consolidated around $4,452/oz, down 0.55%, while Shanghai Exchange gold fell 0.04% to 954.1 yuan/gram. China's central bank reported 76.73 million ounces of gold reserves at end-August, up 650,000 ounces

According to Jin10, domestic gold jewelry prices surged approximately 6 yuan per gram today (September 8), with multiple brands showing gains. Zhou Shengsheng posted the largest increase, climbing 10 yuan per gram to 1,336 yuan per gram.

According to on-chain data monitoring, whale Loracle's sub-address established 10x leveraged long gold and 1x copper positions this morning. The account currently holds 40.0251 xyz:GOLD and 2,200.04 xyz:COPPER, both in profit. Separately, Loracle maintains multiple short positions across equities, w

Swiss investment bank UBS recommended stocks and gold as long-term investment targets on September 7 (local time) as the possibility of a US Federal Reserve interest rate hike increased. According to CNBC, UBS maintained a positive outlook on global stock markets despite potential short-term

Park Woo-yeol, an analyst at Shinhan Investment & Securities, proposed a revised ETF allocation strategy at the KRX-Analyst meeting on May 8: stocks 60%, bonds 30%, gold 8%, and bitcoin 2%. The recommendation departs from the traditional 60% stock and 40% bond allocation,

According to Shinhan Investment & Securities, the firm proposed a new ETF-based portfolio allocation on Sept 8 during a Korea Exchange analyst briefing. The recommended strategy shifts from the traditional 60% stocks and 40% bonds model to 60% stocks, 30% bonds, 8% gold, and 2% bitcoin. Researcher

According to Jin10, Bank of Communications gold bars rose 8.35 yuan per gram on September 8, the largest daily gain among all major banks and brands. Across the market, most gold bar prices gained, with Zhou Shengsheng and Lao Fengxiang also posting

According to Jin10, Shanghai gold traded at 956.28 yuan per gram during early trading on Tuesday, September 8, outpacing international gold prices at 954.35 yuan per gram by 1.93 yuan per gram.

Hong Kong-listed precious metals stocks surged at market open today, with Tongguan Gold (00340.HK) leading gains at over 6%, followed by China Gold International (02099.HK) up nearly 4%, and Lingbao Gold (03330.HK) up over 3%. Zijin Mining (02899.HK), Zijin Gold International (02259.HK), and

Shanghai silver futures main contract rose 2.00% intraday on September 8, trading at 16,346 yuan per kilogram.

International gold prices surged approximately 10% in August, rebounding after a multi-month decline that saw prices drop below $4,000 per troy ounce in late June. The rally was driven by the U.S. Treasury's consideration of a $1 trillion long-term bond buyback program and sustained gold purchases b

According to the World Gold Council, international gold prices surged approximately 10% in August, rebounding to above $4,600 per troy ounce from June lows near $4,000. Gold had hit a record high of $5,500 per troy ounce in January before declining significantly. Central banks continue supporting p

As of 09:30 Beijing time on September 8, New York gold futures rose 0.62%, New York silver futures gained 1.18%, and New York copper futures climbed 1.25%.

Tether CEO Paolo Ardoino outlined the company's dual strategy in a recent video interview, announcing plans to expand the dollar network through USDT while simultaneously investing in Bitcoin and gold. Ardoino positioned these assets as hedges against fiat currency debasement. Tether operates as a m