Metals & Macro Liquidity

On Friday, May 15, major asset-class ETFs declined broadly. Emerging markets ETF fell 3.43%, gold ETF dropped 2.32%, Barclays U.S. convertible bond ETF declined 1.94%, and Russell 2000 index ETF fell 2.41%. Nasdaq 100 ETF, agricultural funds, U.S. 20+ year Treasury ETF, and real estate ETF shed up t

On Friday, May 15, COMEX silver futures dropped 10.47% to $76.395 per ounce, while COMEX copper futures declined 5.00% to $6.2810 per pound during New York session close. Spot silver fell 9.14% to $78.8808 per ounce. Spot platinum fell 4.14% to $1,977.91 per ounce, and spot palladium declined 2.47%

On Friday, May 15, spot gold tumbled 2.47% to $4,537.20 per ounce as of New York close, marking a weekly decline of 3.77%. COMEX gold futures fell 3.01% to $4,544.60 per ounce, with prices dipping to $4,513.80 at 21:45 Beijing time, approaching May 4's low of $4,510.10 per ounce. The week's

According to the U.S. Commodity Futures Trading Commission (CFTC), silver speculators increased their net long positions by 5,254 contracts to 16,195 for the week ended May 12.

According to the U.S. Commodity Futures Trading Commission, gold speculators increased their net long positions by 4,963 contracts to 100,627 contracts for the week ended May 12.

Shanghai Gold Exchange's gold and silver T+D contracts closed lower on May 15 evening. Gold T+D fell 0.57% to 1,002.9 yuan per gram, while silver T+D declined 4.64% to 18,882 yuan per kilogram.

Shanghai Futures Exchange crude oil futures contract 2606 rose 4.25% during night session on May 15, closing at 661.70 yuan per barrel. Meanwhile, Shanghai gold fell 1.13% and Shanghai silver declined 6.79%.

Silver collapsed below $80 an ounce at the end of a week marked by extreme price volatility. The metal had surged as much as 11.3% through Wednesday, driven by investor enthusiasm for AI-related equities and increased demand for industrial metals used in data-center infrastructure, as well as

According to Guru Club, spot silver plunged 8% on May 15, trading at $76.79 per ounce.

Russia's Central Bank gold and foreign exchange reserves reached $771 billion as of the week ending May 8, up from $757.5 billion in the previous week, representing a weekly increase of $13.5 billion.

According to Guosin Futures, platinum and palladium futures fell sharply on Friday (May 15), with platinum contracts down 6.48% to 499.05 yuan/gram and palladium contracts down 5.67% to 345 yuan/gram. Silver's steep decline dragged down the broader precious metals sector, while platinum and palladiu

According to Jin10, on May 15, India raised gold import tariffs and restricted import scale, causing flows to the world's second-largest gold consumer to tighten significantly. The tariff increase of 4%-6% outpaces the domestic price rise, making imports and sales unprofitable in the near term,

According to Guru Club, spot gold broke below $4,540 per ounce today (May 15), falling 2.42% intraday.

According to Guru Club, New York silver futures plunged 9% intraday on May 15 to $77.65 per ounce. Spot silver fell 7.76% to break below $77 per ounce in the same session.

According to UBS strategists Wayne Gordon and Dominic Schnider on May 15, UBS cuts its silver price targets due to narrowing supply deficits. The bank revised its annual silver supply deficit to 60–70 million ounces, down significantly from its previous estimate of 300 million ounces, citing

According to India's Ministry of Commerce, the country's gold imports reached $6.33 billion in April. The figure represents the latest monthly import data released by the trade authority.

According to Jin10 Futures, at the close of noon trading on May 15, energy, shipping, and chemical-linked commodities outperformed, while precious metals and base metals retreated more notably.

According to Jin10, Shanghai gold traded at 1,003.05 yuan per gram during Friday afternoon's session on May 15, trading at a premium of 3.13 yuan/gram compared to the international spot price of 999.92 yuan/gram.

According to Jin10 Futures, on May 15 at 15:00 Beijing time, spot platinum fell 2.98% while spot palladium declined 1.29% during afternoon trading.

According to BlockBeats, on May 15, U.S. April inflation data surged to the fastest pace since 2022, with PPI reaching its highest level in four years and CPI recording its largest gain since 2023. The data reignited market concerns about the Federal Reserve maintaining a "higher for longer"