Metals & Macro Liquidity

China's GuoTai Silver Futures ETF will halt trading on April 21, 2026, to protect investors from high premium risks. Trading will resume at 10:30 a.m., with normal redemptions. Continued high premiums may lead to further halts.

OCBC and Lion Global Investors are launching a physical gold fund token, GOLDX Token, on Ethereum and Solana blockchains, with OCBC handling design and Lion Global managing investment and governance.

Gate News message, April 20 — Spot gold fell below $4,750 per ounce today, declining 1.76% intraday according to market data.

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.

Lawmakers in several red states are pushing for legislation to recognize gold and silver as currency, citing inflation concerns. While some bills have failed, proposals in states like Georgia and Utah aim to enable transactions in precious metals, despite skepticism from economists about gold's effectiveness as money.

More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.

Gate News message, April 18 — U.S. stock indices closed sharply higher on April 17, with the S&P 500 rising 1.2% to 7,126.06, the Nasdaq Composite gaining 1.52% to 24,468.48, and the Dow Jones Industrial Average climbing 1.79% to 49,447.43. The Nasdaq extended its winning streak to 13 consecutive tr

On April 17, COMEX gold futures rose by 0.85% to $4,849.40 per troy ounce, while COMEX silver futures increased by 2.82%, settling at $80.93 per troy ounce.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Mitsui & Co. Digital Commodities has launched Zipangcoin (ZPG), representing precious metals, on Optimism's OP Mainnet, enhancing trading efficiency and accessibility for investors. This move supports the adoption of tokenized real-world assets in the digital investment landscape.

Gate News message, April 17 — Gold futures in New York broke above $4,900 per ounce during today's session, rising 1.91% intraday, according to data from Gold Ten.

Gate News message, April 17 — Spot silver extended gains intraday, rising 2% to $79.99 per ounce.

A Citi study recommends combining Bitcoin and gold in investment portfolios for improved long-term returns, noting better performance in various market conditions. Wells Fargo predicts gold could rise to $8,000 by 2027, driven by central bank concerns. Meanwhile, Bitcoin funding rates have reached lows, historically marking turning points.

Gate News message, April 17 — Spot silver rose over 1% intraday, trading at $79.20 per ounce.

Former U.S. Treasury Secretary Henry Paulson warns of a potential collapse in U.S. Treasury demand, which could destabilize the financial system and erode confidence in the dollar, shifting investments to Bitcoin and gold. Tether may face risks as well.

Gate News message, April 17 — Spot gold (precious metal commodity traded on global markets) broke through $4,800 per ounce today, rising 0.20% intraday.

A dormant whale address became active after 2.5 months, initiating a 20x leveraged long position in precious metals by acquiring 1,663 GOLD and 43,870 SILVER tokens, totaling about $11.5 million.

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

According to The Block’s report, Hyperliquid’s HIP-3 market open interest reached a peak of $2.38 billion in April, but has recently fallen to $2.1 billion. TradeXYZ dominates the market, accounting for more than 90% of the share. The top ten by trading volume on Hyperliquid are mainly driven by tokenized stocks and commodity futures, offering 24/7 trading services that traditional exchanges cannot provide.

The World Silver Institute forecasts a widening supply shortage in the silver market, projecting a 46.3 million ounce deficit by 2026. While demand for silver bars and coins will rise, other sectors will decline, leading to an overall consumption decrease. Despite near-term challenges, a positive outlook for silver remains.