Track price fluctuations in precious metals like gold and silver. Combined with DXY and interest rate trends, we analyze safe-haven demand, inflation expectations, and cross-market correlations within global asset allocation.
According to Guru Club, Shanghai silver futures plunged 6% on June 10, trading at 15,436 yuan per kilogram. Gold, palladium, and liquefied gas futures fell over 2%, while Europe route shipping index rose over 4% and egg futures gained over 1%.
According to China's central bank data released on June 10, the country's gold reserves reached 74.96 million ounces at the end of May, with an increase of 320,000 ounces for the month. This marks the 19th consecutive month of gold purchases and the largest single-month addition since the end of 202
According to Jin10, spot gold fell below $4,200 per ounce today (June 10), marking the first time since March 23. The precious metal declined 1.4% during the trading session.
Citigroup cut its three-month gold price target to $4,000 per ounce from $4,300, according to a research note published Monday. The commodities research team cited improving macro conditions and a less supportive demand backdrop as key reasons for the revision. Analysts pointed to stabilizing real y
According to Citigroup, the banking giant cut its near-term gold price target to $4,000 per ounce from $4,300 in a research note published Monday. The bank cited improving macro conditions, a stronger dollar bias, stabilizing real yields, and moderating physical demand from central banks and ETF
According to market data on June 9, U.S. stock indices showed mixed performance at close: the Dow Jones Index posted a modest gain, while the Nasdaq fell nearly 1% with semiconductor stocks tumbling and ARM shedding over 6%. WTI July crude oil futures fell 3.4% to close at $88.20 per barrel, and
According to State-owned bank officials reported by China Securities Journal, multiple banks have lowered the expected returns on structural deposit products linked to gold prices as of June 9. Meanwhile, fund managers have begun reducing their gold
According to Jin10, on June 9, U.S. stocks closed with mixed results overnight. The Dow Jones Industrial Average rose 0.17% to 50,872.11 points, while the S&P 500 fell 0.26% to 7,386.65 points and the Nasdaq Composite dropped 0.97% to 25,678.82 points. The Magnificent Seven index declined 1.24%, wit
According to iShares Silver Trust data, the world's largest silver ETF's holdings declined by 26.73 tonnes on June 8, bringing total holdings to 15,034.75 tonnes.
SPDR Gold Trust, the world's largest gold ETF, saw its holdings decrease by 3.426 tons from the previous day, bringing current holdings to 1016.495 tons.
U.S. existing-home sales rose 3.2% to a seasonally adjusted annual rate of 4.17 million in May, up from 4.02 million in April, the National Association of Realtors announced. The increase, which exceeded economist forecasts of 4.07 million, was driven by improving affordability as mortgage rates
According to Bloomberg data, spot gold fell 1.59% to $4,261.25 per ounce on Tuesday (June 9) and briefly broke below $4,100 during the session, approaching the March 23 low of $4,099.17. Gold prices have fallen below the 200-day moving average (currently at $4,436.69). Spot silver declined 4.15% to
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' commented on June 7 via Facebook about India's Cockroach Janata Party (CJP), a protest movement that emerged following controversial remarks attributed to India's chief justice during a court hearing. The movement was founded by Boston University
On Tuesday, June 9, major U.S. asset class ETFs showed mixed performance. Real estate ETFs (REITs) gained 2.30%, while gold ETFs declined 1.63% and Brent crude oil futures ETFs fell 2.76%.
According to Kitco NewsWire, spot gold and silver prices firmed on Tuesday (June 9), with gold trading near $4,338.80, up 0.20%, and silver at $68.475, up 0.44%, ahead of Wednesday's May CPI release at 8:30 a.m. ET. The 10-year Treasury yield held above 4.5% and the U.S. dollar index remained near a