Metals & Macro Liquidity

Tensions in the Middle East and a stalemate in U.S.-Iran negotiations have disrupted crude oil supplies through the Strait of Hormuz, pushing oil prices higher and raising inflation risks, putting the central bank’s interest-rate path back in the spotlight. Gold has therefore fallen into a zone of technical uncertainty. Spot gold is down by about 0.7% to around $4,675 per ounce, retreating roughly 11% since the conflict at the end of February, while silver and palladium have also weakened. Market funds are mostly on the sidelines, and professional institutions say gold has “lost its direction.” In the short term, it may get stuck in a stalemate.

Gate News message, April 26 — Hong Kong's Financial Secretary Chen Maobo published a commentary titled "Converging Greater Energy Through Innovation and Collaboration," outlining the latest perspectives on global asset allocation trends and ETF market development. Chen emphasized that global

On April 25, Iran once again escalated its Strait of Hormuz control measures. Bitcoin hovered around $77,500, gold was $4,709, and Brent crude was above $106. With fresh geopolitical turmoil, how will the three major assets move in tandem?

Gate News message, April 25 — Peng Fu, newly appointed chief economist at XinHuo Group, outlined his analysis of Bitcoin's underlying business logic in a series of posts on X today. According to Fu, the commercial models of Bitcoin perpetual futures and ETFs are fundamentally identical to the

Gate News message, April 25 — Azerbaijan's State Oil Fund (SOFAZ) sold approximately 22 tons of gold in the first quarter of 2026, according to the fund's quarterly report released today. At current market prices, the sale is valued at over $3 billion. This marks the first time SOFAZ has reduced

Gate News message, April 25 — Nasdaq-listed company Aurelion disclosed that it currently holds 33,318 Tether Gold (XAUT), valued at over $157 million based on a price of $4,719.15 per ounce. Of the total holdings, 10,000 XAUT tokens have been staked to generate yield, transforming the tokenized

Gate News message, April 24 — COMEX gold futures (contracts traded on the U.S. Commodity Futures Trading Commission exchange) closed up 0.03% at $4,725.4 per ounce, though the contract posted a weekly decline of 2.56%. COMEX silver futures rose 0.24% to close at $75.685 per ounce, while also

Pyth feeds will settle Kalshi contracts on assets like gold, oil, and soybeans with continuous pricing beyond exchange hours. The system aggregates data from 125+ institutions, ensuring real-time coverage across commodities trading without interruptions. Kalshi expands amid regulatory

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

Gate News message, April 24 — Turkey's central bank reported that its gold reserves increased by 30.68 tons as of the week ending April 17, bringing total holdings to 730.57 tons based on international accounting

Gate News message, April 24 — The Swiss National Bank (SNB) governor stated the central bank has no plans to increase or decrease its gold holdings.

Gate News message, April 24 — Revolut Ltd. is winding down its commodities service for trading precious metals in parts of Europe. The fintech company made the decision following a recent review of its local product offerings. "We regularly review our products and services," a Revolut

Pyth feeds will settle Kalshi contracts on assets like gold, oil, and soybeans with continuous pricing beyond exchange hours. The system aggregates data from 125+ institutions, ensuring real-time coverage across commodities trading without interruptions. Kalshi expands amid regulatory

Gate News message, April 23 — Spot gold fell below $4,700 per ounce today, declining 1.05% intraday to trade at $4,690.16 per ounce, according to Gate's market data. Spot silver dropped 3.5% intraday, currently trading at $74.94 per ounce.

Gate News: According to the latest Gate TradFi data, XPDUSD (Palladium - Cash) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

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

While the Iran-Iraq ceasefire has been extended, the deadlock in the Strait of Hormuz remains unresolved. Energy risks have pushed Brent crude oil prices above $100, lifting inflation expectations. Spot gold steadied after a streak of declines, trading at about $4,733; ETF flows have been moving in for three straight weeks, indicating demand for safe-haven assets alongside fundamental support. With lower leveraged trading volume and capital concentration, institutions are dynamically adjusting their gold allocations. If it approaches $4,850, profit-taking sell pressure could emerge, and the market may see short-term fluctuations.

Gate News message, April 23 — Gold prices fell to $4,731.95 per ounce with a daily decline of 0.18%, while silver dropped to $77.585 per ounce, down 0.13% intraday. Bitcoin volatility index (BVIX) stood at 43.64, declining 1.80%, and Ethereum volatility index (EVIX) reached 63.90, down 5.19%. In

Gate News message, April 23 — Singapore-based jeweler Mustafa Gold has partnered with asset management firm FundBridge Capital and tokenization platform Libeara to launch MG999, a yield-bearing digital token that tracks gold prices. The token provides investors with gold exposure while generating re