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04:05:05

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,010.11/ounce, up 0.18% on the day; COMEX gold futures are currently trading at $4,022.30/ounce, up 0.65% on the day.

03:04:08

Spot platinum has just broken through the $1560.00/oz mark, and is currently trading at $1559.45/oz, down 2.49% on the day; Nymex platinum futures are currently trading at $1573.0/oz, down 0.15% on the day.

03:03:37

Spot silver has just broken through the $48.00/ounce mark, and is currently trading at $47.99/ounce, down 1.37% on the day; COMEX silver futures are currently trading at $47.77/ounce, down 0.81% on the day.

02:30:21

Shanghai Futures Exchange crude oil futures contract 2510 rose 0.41% in night trading, closing at RMB 467.10 per barrel, while Shanghai gold futures fell 0.08% and Shanghai silver futures fell 0.34%.

02:22:43

Spot gold has just broken through the $4,000.00/ounce mark, last trading at $3,999.93/ounce, down 0.08% on the day; COMEX gold futures are last trading at $4,012.20/ounce, up 0.39% on the day.

01:25:18

Silver Outlook: Traders focus on ADP and Fed data for direction; prices trade within a range. Details>

01:20:34

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,010.23/ounce, up 0.18% on the day; COMEX gold futures are currently trading at $4,022.30/ounce, up 0.65% on the day.

00:17:08

Spot gold has just broken through the $4,000.00/ounce mark, last trading at $3,999.67/ounce, down 0.08% on the day; COMEX gold futures are last trading at $4,010.50/ounce, up 0.35% on the day.

23:54:34

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,009.89/ounce, up 0.17% on the day; COMEX gold futures are currently trading at $4,021.00/ounce, up 0.61% on the day.

23:44:14

Gold prices rose as bulls stabilized the market. Details>

23:36:11

Spot silver fell 1.01% on the day, closing at $48.16 per ounce; COMEX silver futures were last quoted at $47.88 per ounce, down 0.59% on the day.

23:31:21

Spot platinum has just broken through the $1560.00/oz mark, and is currently trading at $1559.65/oz, down 2.48% on the day; Nymex platinum futures are currently trading at $1573.0/oz, down 0.15% on the day.

23:28:21

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,009.86/ounce, up 0.17% on the day; COMEX gold futures are currently trading at $4,021.50/ounce, up 0.63% on the day.

23:24:10

Spot gold has just broken through the $4,020.00/ounce mark, and is currently trading at $4,019.98/ounce, up 0.43% on the day; COMEX gold futures are currently trading at $4,031.50/ounce, up 0.88% on the day.

23:17:19

Spot platinum has just broken through the $1570.00/ounce mark, and is currently trading at $1569.95/ounce, down 1.83% on the day; Nymex platinum futures are currently trading at $1584.0/ounce, up 0.55% on the day.

23:00:27

Spot gold has just broken through the $4,030.00/ounce mark, and is currently trading at $4,030.09/ounce, up 0.68% on the day; COMEX gold futures are currently trading at $4,042.20/ounce, up 1.14% on the day.

22:40:14

Spot platinum has just broken through the $1580.00/ounce mark, and is currently trading at $1579.95/ounce, down 1.21% on the day; Nymex platinum futures are currently trading at $1593.5/ounce, up 1.15% on the day.

22:29:02

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,009.86/ounce, up 0.17% on the day; COMEX gold futures are currently trading at $4,021.70/ounce, up 0.63% on the day.

22:02:52

[Spot Gold Technical Analysis] Looking at the 30-minute candlestick chart, after falling from the high of $4046.13, gold formed a clear horizontal support zone near the $4000 mark. Multiple pullbacks were successfully defended, indicating active buying interest around the $4000 level. The first resistance level is at $4027.87, followed by $4035.98, and then the previous high of $4046.13. These three resistance levels form a stepped distribution, constituting the upper edge of the current range. If the price can effectively hold above $4027.87 and close with a solid bullish candlestick on the 30-minute chart, it may retest the $4035.98-$4046.13 range. Conversely, as long as the price remains below $4020, the range-bound trading pattern will remain unchanged. The RSI (14) is running not far above 50, neither entering overbought territory nor falling back into the weak zone, indicating that the short-term technical state remains one of upward bias. Overall, $4,000 is the first line of defense that the bulls must hold. A break below this level would target the previous low of $3,988.91 and even $3,962.60. If the price can recover and consolidate above $4,030, it could potentially extend towards the high of $4,046 or even higher.

21:37:06

Spot gold has just broken through the $4,020.00/ounce mark, and is currently trading at $4,020.31/ounce, up 0.43% on the day; COMEX gold futures are currently trading at $4,031.70/ounce, up 0.88% on the day.

21:26:45

Spot platinum has just broken through the $1580.00/oz mark, and is currently trading at $1579.90/oz, down 1.21% on the day; Nymex platinum futures are currently trading at $1591.5/oz, up 1.02% on the day.

21:06:42

Spot platinum has just broken through the $1590.00/oz mark, and is currently trading at $1589.79/oz, down 0.59% on the day; Nymex platinum futures are currently trading at $1598.8/oz, up 1.49% on the day.

21:03:33

Spot platinum has just broken through the $1600.00/ounce mark, last trading at $1600.15/ounce, up 0.06% on the day; Nymex platinum futures are last trading at $1606.2/ounce, up 1.96% on the day.

20:59:30

[Spot Gold (XAU) 15-Minute Price Analysis] The current spot gold price is 4010.02. Intraday trading saw an initial rise to 4027.87 before retracing to around 3997, indicating a recent upward trend. Resistance is around 4015 (based on the 21:00 high), and support is at 4000 (based on the 20:30 low). Based on time series trend analysis, a short-term upward move may continue to test the 4015 resistance; a break above this level would target 4020, otherwise, a pullback and consolidation are possible.

20:59:26

[Caixin Futures: Divergent Trends in the Metals Market] ⑴ The new gold value-added tax policy has different impacts on the gold financial market and the spot trading market. On the one hand, it has driven some off-exchange transactions to the exchange, and on the other hand, the sales costs of downstream investment gold bars and gold jewelry have increased. ⑵ Gold prices dipped slightly in early trading today, hitting a low of 911 yuan, briefly breaking through last week's first support level of 915 yuan before quickly rebounding. The effectiveness of this price level as the lower edge of an important bullish trading range has been initially verified. ⑶ The short-term gold price trading range remains focused on 915-926 yuan. In terms of trading, it is crucial to pay close attention to changes in trading volume: if there is an increase in open interest and a breakout above 926 yuan, the upside target could be the 935 yuan gap; if there is a rebound with reduced open interest, long positions should be closed for profit in a timely manner. ⑷ Several Federal Reserve officials spoke out intensively after this week's interest rate meeting. Dallas Fed President Logan and Cleveland Fed President Hammarck explicitly stated their opposition to this week's interest rate cut decision, while Fed Governor Waller called for continued interest rate cuts. (5) Despite the hawkish signals from the Federal Reserve, given the continued disruptions to copper mines both domestically and internationally, the persistently negative copper concentrate import index, tight supply expectations, and escalating geopolitical tensions, Shanghai copper prices will likely remain supported in the future. The overall strategy remains to buy on dips. (6) LME inventories remain low, and while domestic social inventories have decreased slightly but remain at historically high levels, export windows are open, and demand is relatively stable. Considering the continued oversupply in the domestic market, the upside potential for Shanghai zinc prices is limited. (7) The overall supply and demand for alumina remains relatively loose, with both operating capacity and inventory at high levels in the short term. Short-term fundamental drivers remain weak, but the market shows some signs of bottoming out. Future attention should be paid to whether production companies will reduce production due to losses. (8) Today, aluminum-related commodities saw a significant increase in open interest and upward movement, possibly based on positive long-term demand expectations and the recovery of the copper-aluminum price ratio, with bullish funds entering the market in large numbers. (9) Production cuts by Century Aluminum and next year's production cuts by Mozambique aluminum plants are expected to tighten overseas supply. Domestic supply is stable, but inventory reduction is slow due to high aluminum prices and weak downstream demand. (10) Overall, given the mixed macroeconomic environment and fundamental factors, the outlook for Shanghai aluminum and foundry aluminum remains unchanged, with a strategy of buying on dips. (11) Going forward, attention should be paid to the risk of mining disruptions before the Guinea elections on December 28th, and the negative feedback effect of high aluminum prices on demand.

20:34:27

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,010.37/ounce, up 0.19% on the day; COMEX gold futures are currently trading at $4,022.40/ounce, up 0.65% on the day.

19:50:11

[Spot Gold (XAU) 2-Hour Price Analysis] The current price movement is volatile with a slight downward bias. The latest price is 4003.3301. The intraday high of 4027.8701 is a key resistance level, while the low of 3962.6001 is a support level. Based on historical time series analysis, the overall trend is upward, but a recent pullback has occurred. Resistance levels are at 4025-4030, and support levels are at 3960-3970. It is predicted that the price will continue to fluctuate, with a slight downside risk.

19:36:40

Spot platinum has just broken through the $1590.00/oz mark, and is currently trading at $1588.97/oz, down 0.64% on the day; Nymex platinum futures are currently trading at $1597.3/oz, up 1.39% on the day.

18:10:24

[Global Fixed Income Assets Enter Golden Allocation Period, High Yields Build a Shield] ⑴ Current global fixed income levels are significantly higher than the 5-10 year historical average, forming a more solid foundation for returns. ⑵ Higher yields naturally build a buffer against volatility, significantly enhancing assets' ability to withstand market fluctuations. ⑶ The US economy faces the dual risks of Trump's tariff rhetoric and a weak labor market, putting pressure on its growth prospects. ⑷ High-quality fixed income products highlight their allocation value in a risky environment, and their safe-haven attributes are being re-recognized by the market. ⑸ Investors need to be wary of risk exposures such as high-yield bonds, and credit stratification is expected to continue to intensify. ⑹ In the current macroeconomic environment, high-quality fixed income products play an indispensable role as portfolio stabilizers.

17:41:18

Spot gold has just broken through the $4,000.00/ounce mark, and is currently trading at $3,999.51/ounce, down 0.09% on the day; COMEX gold futures are currently trading at $4,010.70/ounce, up 0.36% on the day.

17:29:17

Spot platinum has just broken through the $1600.00/ounce mark, last trading at $1599.85/ounce, up 0.04% on the day; Nymex platinum futures are last trading at $1607.4/ounce, up 2.03% on the day.

17:27:07

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,009.90/ounce, up 0.17% on the day; COMEX gold futures are currently trading at $4,021.20/ounce, up 0.62% on the day.

17:19:38

[Spot Gold (XAU) 1-Hour Price Analysis] The current spot gold price is showing a fluctuating trend, oscillating between 4010 and 4025. Resistance is around 4027 (intraday high), and support is around 4010 (recent low). Based on historical time series data analysis, the price is consolidating in the 4000-4030 range and is expected to maintain this fluctuation in the short term. A break above 4028 could lead to upward movement, while a break below 4010 could lead to downward movement.

17:07:33

[Sichuan Gold Obtains Mining and Exploration Licenses] ⑴ Sichuan Gold announced that it recently obtained a Mining License for the Wajingou section of the Suoluogou Gold Mine area from the Sichuan Provincial Department of Natural Resources. ⑵ License number C5100002025064110158471, with a production scale of 60,000 tons per year, valid until June 5, 2036. ⑶ Simultaneously, it completed the renewal registration for exploration of the Suoluo-Wajingou Gold Mine in Muli County, Sichuan Province, with an exploration area of 19.66 square kilometers, valid until October 23, 2030. ⑷ The company stated that this matter will not have a significant impact on its current operating results, and the actual mining results are uncertain.

16:59:21

Experts are debating: Behind this surge in gold prices lies a startling, overlooked truth. Details>

16:34:10

[ICBC Suspends Some Ruyi Gold Accumulation Services] ⑴ ICBC issued an announcement suspending the acceptance of applications for some Ruyi Gold accumulation services. Customer service confirmed the announcement's accuracy. ⑵ Existing customers whose services are still valid are not affected by this adjustment. ⑶ Currently, both mobile banking and counter channels have suspended Ruyi Gold accumulation services. ⑷ Counter services for physical Ruyi Gold withdrawals are also suspended. ⑸ The bank stated that this is a transition period, and further announcements will be made regarding the resumption of services.

16:31:35

[China Construction Bank Suspends Some Gold Services] ⑴ China Construction Bank announced that, starting November 3, 2025, it will suspend accepting applications for real-time purchases, new fixed-investment purchases, and physical gold exchange for its Easy Gold Savings service. ⑵ Existing customers' Easy Gold Savings fixed-investment plans, redemptions, and account closures will not be affected. ⑶ Applications for personal gold accumulation exchange for physical precious metals and account gold exchange for physical precious metals will also be suspended. ⑷ Other personal gold accumulation services will continue to be processed normally. ⑸ The resumption time will be announced separately.

16:21:28

Spot platinum has just broken through the $1600.00/ounce mark, last trading at $1599.55/ounce, up 0.02% on the day; Nymex platinum futures main contract last traded at $1607.3/ounce, up 2.02% on the day.

16:18:16

[Hunan Baiyin Promotes Share Repurchase Plan] ⑴ Hunan Baiyin announced that it plans to repurchase shares using RMB 92.6006 million to RMB 123.2406 million through centralized bidding for the purpose of implementing a restricted stock incentive plan. ⑵ The repurchase price will not exceed RMB 8 per share, and the implementation period will not exceed 12 months. ⑶ As of October 31, 2025, a total of 17.55 million shares have been repurchased, representing approximately 0.62% of the company's total share capital. ⑷ The highest transaction price was RMB 6.74 per share, and the lowest transaction price was RMB 4.47 per share, with a total transaction amount of RMB 92.6006 million. ⑸ The company stated that this repurchase complies with the established plan and relevant regulatory requirements, and will continue to implement the repurchase and fulfill its information disclosure obligations in a timely manner.

15:36:52

Spot silver just touched the $49.00/ounce mark and is currently trading at $49.00/ounce, up 0.71% on the day; COMEX silver futures are currently trading at $48.70/ounce, up 1.13% on the day.

15:09:09

Spot platinum has just broken through the $1600.00/ounce mark, last trading at $1599.92/ounce, up 0.04% on the day; Nymex platinum futures main contract was last trading at $1603.1/ounce, up 1.76% on the day.

15:05:08

Spot platinum has just broken through the $1610.00/oz mark, last trading at $1610.70/oz, up 0.72% on the day; Nymex platinum futures are last trading at $1606.8/oz, up 1.99% on the day.

15:03:06

[Daily Chart Indicates NYMEX Gold Futures Correction May Be Short-Lived] Aiman Kamil Bin Ahmad Shauqi of RHB Retail Research stated in a research note that based on Friday's price action, the recent downward correction in NYMEX gold futures may be short-lived. The analyst noted that although gold prices recently broke below the 20-day simple moving average on the daily chart, the broader bullish structure remains intact. This is because the precious metal is trading well above the 50-day simple moving average and the key support level of $3,800.00 per ounce, the analyst said. "This decline is seen as a healthy pullback within the current uptrend," the analyst said, adding that initial resistance is at $4,200 per ounce. Spot gold rose 0.3% to $4,016.32 per ounce.

15:01:37

Spot gold has just broken through the $4,020.00/ounce mark, and is currently trading at $4,020.17/ounce, up 0.43% on the day; COMEX gold futures are currently trading at $4,031.10/ounce, up 0.87% on the day.

14:59:09

This afternoon, the price of gold at Shenzhen's Shuibei Market, the largest gold and jewelry distribution center in China, suddenly surged. Around noon, a mini-program showed the price at around 930 yuan per gram, but by 2:30 PM, it had soared to 992 yuan per gram.

14:21:42

[Gold Price Approaching Key Resistance Level; Breakout Could Open Upside Potential] 1. Technical analysis indicates that spot gold may once again challenge the key resistance level of $4037 per ounce. A successful breakout is expected to lead to a further rise towards the $4057-$4077 range. This potential move suggests that buying power remains active, and bulls are attempting to regain control. 2. Structurally, the rebound in gold prices from $3886 is not yet over and may currently be in the final wave of a five-wave structure. Guided by the upper trendline of an ascending wedge, the ongoing e-wave is expected to push prices towards the $4057-$4077 target area. This technical pattern suggests that the current rebound momentum continues, but caution is warranted regarding potential increased volatility at the end of the wedge pattern. 3. If gold prices fail to hold the current support, the key level below lies at $3986. A break below this level could trigger a pullback to the $3949-$3970 range. Traders should closely monitor the performance of this support area to assess the possibility of a short-term shift in market strength. 4. From a daily chart perspective, the correction in gold prices since $4381 has been constrained by two significant retracement sequences: one is a correction of the upward trend that started at $1810, and the other is a pullback to the rise from $3120. It's worth noting that after finding strong support near $3900, gold prices have now successfully broken through the $4004 level. This breakout suggests that this rebound may continue to extend towards higher targets, potentially challenging the $4084-$4199 range in the medium term.

14:18:17

The US dollar index strengthened, and gold prices are expected to remain volatile in the short term, awaiting stabilization. Details>

14:01:58

Spot platinum has just broken through the $1590.00/oz mark, and is currently trading at $1589.72/oz, down 0.60% on the day; Nymex platinum futures are currently trading at $1599.2/oz, up 1.51% on the day.

13:32:24

Spot platinum has just broken through the $1600.00/ounce mark, last quoted at $1600.20/ounce, up 0.06% on the day; Nymex platinum futures main contract was last quoted at $1598.5/ounce, up 1.47% on the day.

13:13:15

Indonesia's inflation rate accelerated to 2.86% in October, exceeding market expectations of 2.64% and marking the fastest pace in 18 months since April 2024. This surge was primarily driven by rising food prices and commodity prices such as gold jewelry. Significant increases in the prices of specific food items, including chili peppers, were a major factor contributing to overall inflation. This data reflects continued strong domestic consumer demand in Indonesia and adds new uncertainty to the country's central bank's monetary policy outlook.

13:04:41

Spot gold has just broken through the $4,000.00/ounce mark, and is currently trading at $3,999.67/ounce, down 0.08% on the day; COMEX gold futures are currently trading at $4,010.40/ounce, up 0.35% on the day.

11:53:27

Australian gold stocks fell due to weak gold prices. The Australian gold index (AXGD) fell 1.3% to 15,816 points, marking its biggest one-day drop since October 28. Gold and silver prices fell on the day due to a stronger US dollar and reduced investor expectations for further interest rate cuts by the Federal Reserve; in addition, easing trade tensions also put pressure on gold prices. Shares of industry giants Northern Star Resources (NST.AX) and Evolution Mining fell 1.5% and 2.3% respectively. Year-to-date, the index is up 87.8%.

11:15:58

HSBC CEO: Our tokenized gold products have achieved “massive adoption” among retail customers in Hong Kong and are now the third largest such product globally.

11:02:25

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,010.37/ounce, up 0.19% on the day; COMEX gold futures are currently trading at $4,021.30/ounce, up 0.62% on the day.

10:28:11

Spot platinum has just broken through the $1580.00/ounce mark, and is currently trading at $1579.81/ounce, down 1.22% on the day; Nymex platinum futures are currently trading at $1584.4/ounce, up 0.57% on the day.

10:21:20

Spot platinum has just broken through the $1590.00/ounce mark, and is currently trading at $1590.20/ounce, down 0.57% on the day; Nymex platinum futures are currently trading at $1585.1/ounce, up 0.62% on the day.

10:21:05

【Short-term trading advice for spot gold: range-bound trading, sell on rallies and buy on dips】 (1) Reasons for analysis: Federal Reserve officials opposed a December rate cut, market expectations for a rate cut cooled down, the strengthening of the US dollar index suppressed gold prices, but the US government shutdown still brought some uncertainty. In terms of geopolitics, the easing of global trade sentiment and the easing of the Russia-Ukraine conflict have weakened the safe-haven demand for gold, but the situation in the Middle East still has a certain supporting effect. In addition, the central bank's net purchase of gold in the first three quarters of 2025 reached 902 tons, providing long-term support for gold. From a technical point of view, it is still in the overbought correction in the short term, and before the adjustment is over, the possibility of further decline cannot be ruled out. (2) Key focus: safe-haven sentiment, US dollar index, US Treasury yield, (3) Resistance: 4000, 4030, 4060 (4) Support: 3980, 3950, 3920;

09:31:05

Spot gold has just broken through the $4,000.00/ounce mark, last trading at $4,000.08/ounce, down 0.07% on the day; COMEX gold futures are last trading at $4,009.70/ounce, up 0.33% on the day.

09:16:23

Spot platinum has just broken through the $1580.00/oz mark, currently trading at $1580.51/oz, down 1.17% on the day; Nymex platinum futures are currently trading at $1575.3/oz, down 0.01% on the day; Spot gold has just broken through the $3990.00/oz mark, currently trading at $3990.05/oz, down 0.32% on the day; COMEX gold futures are currently trading at $3999.50/oz, up 0.08% on the day.

08:17:23

Spot gold fell 1.00% on the day, closing at $3,962.76 per ounce; COMEX gold futures were last quoted at $3,972.80 per ounce, down 0.59% on the day.

08:15:03

Spot gold has just broken through the $3,970.00/ounce mark, and is currently trading at $3,967.67/ounce, down 0.88% on the day; COMEX gold futures are currently trading at $3,977.90/ounce, down 0.47% on the day.

07:43:40

Spot gold has just broken through the $3,980.00/ounce mark, and is currently trading at $3,979.94/ounce, down 0.57% on the day; COMEX gold futures are currently trading at $3,991.00/ounce, down 0.14% on the day.

07:02:04

Spot platinum has just broken through the $1570.00/ounce mark, last trading at $1570.25/ounce, down 1.81% on the day; Nymex platinum futures main contract was last trading at $1573.0/ounce, down 0.15% on the day.

07:01:34

Spot gold has just broken through the $3,990.00/ounce mark, and is currently trading at $3,990.48/ounce, down 0.31% on the day; COMEX gold futures are currently trading at $4,000.50/ounce, up 0.10% on the day.

07:01:16

Spot gold opened slightly lower and is currently trading around $3,986 per ounce, down about 0.4%.

03:11:46

In early November, over 1.9 million mu (approximately 120,000 hectares) of Gannan navel oranges in Jiangxi Province officially began harvesting. Local authorities are actively expanding sales channels for the oranges, including international markets, and overseas orders from Southeast Asia, the Middle East, and Central Asia are steadily increasing. This year, the local navel orange planting area reached 1.94 million mu (approximately 126,000 hectares), with a yield of about 1.93 million tons, boosting the average annual income of fruit farmers by over 6,000 yuan. The "golden fruit" is gaining popularity both domestically and internationally.

08:55:21

[Ministry of Finance: Transaction Fees, Handling Fees, and Storage Fees Collected by Exchanges Should Be Subject to Value-Added Tax in Accordance with Current Regulations] The Ministry of Finance and the State Taxation Administration issued an announcement regarding tax policies related to gold. It states that if a member unit purchases standard gold from an exchange and its actual use changes after physical delivery, it should report the change of use to the exchange beforehand. Member units should submit an application for a change of use within six months from the month they receive the corresponding invoice from the exchange after physical delivery of the standard gold, and only one such application is allowed; if more than six months have passed, the exchange will not reissue an invoice. Transaction fees, handling fees, and storage fees collected by the exchange should be subject to value-added tax in accordance with current regulations. Member units purchasing standard gold and applying for physical delivery should truthfully declare the purpose of the purchased standard gold to the exchange and accurately record information such as the actual use and quantity consumed.

08:46:42

[Ministry of Finance: Taxpayers Selling Standard Gold Without Using Exchanges Should Pay Value-Added Tax According to Current Regulations] The Ministry of Finance and the State Taxation Administration issued an announcement regarding tax policies related to gold. It states that taxpayers selling standard gold without using exchanges should pay value-added tax (VAT) according to current regulations. For member units purchasing standard gold from exchanges for investment purposes and involving physical delivery, the unit price, amount, and tax amount on the VAT special invoice shall be determined according to the following provisions. (Ministry of Finance)

05:28:32

According to the SPDR Gold Trust report, as of October 31, its holdings decreased by 0.11%, or 1.15 tons, to 1039.20 tons.

05:01:07

On Friday (October 31), in late New York trading, gold prices rose 3.7% in October, while spot silver rose approximately 4.3%. Spot gold fell 0.51% to $4004.02 per ounce, a cumulative increase of 3.74% in October, having reached a record high of $4381.52 on October 20. COMEX gold futures rose 0.06% to $4018.50 per ounce, a cumulative increase of 3.76% in October, also reaching an intraday high of $4398.00 on October 20. Spot silver fell 0.54% to $48.6651 per ounce, a cumulative increase of 4.29% in October, having reached $54.4796 on October 17. COMEX silver futures fell 0.66% to $48.295 per ounce, a cumulative increase of 3.60% in October.

04:53:36

Spot platinum has just broken through the $1570.00/oz mark, and is currently trading at $1569.60/oz, down 1.79% on the day; Nymex platinum futures are currently trading at $1573.5/oz, down 2.53% on the day.

02:30:15

Shanghai Futures Exchange crude oil futures contract 2510 rose 0.91% in night trading, closing at RMB463.60 per barrel. Meanwhile, Shanghai gold futures rose 0.39% in night trading, while Shanghai silver futures fell 0.25%.

02:05:48

Silver remains under pressure below $50, with short sellers targeting new shorting opportunities. Details>

02:02:02

Spot platinum has just fallen below the $1,570.00/ounce mark, with the latest price at $1,569.91/ounce, a daily drop of 1.77%; the latest price of the Nymex platinum futures main contract is $1,573.9/ounce, a daily drop of 2.50%.

01:46:52

Spot gold has just broken through the $4,000.00/ounce mark, last trading at $4,000.13/ounce, down 0.60% on the day; COMEX gold futures are last trading at $4,011.20/ounce, down 0.12% on the day.

01:26:01

Spot platinum has just broken through the $1570.00/oz mark, and is currently trading at $1569.91/oz, down 1.77% on the day; Nymex platinum futures are currently trading at $1573.9/oz, down 2.50% on the day.

00:56:17

Spot gold has just broken through the $3,980.00/ounce mark, and is currently trading at $3,979.88/ounce, down 1.10% on the day; COMEX gold futures are currently trading at $3,990.90/ounce, down 0.62% on the day.

00:17:50

Spot silver fell 1.00% on the day, closing at $48.40 per ounce; COMEX silver futures were last quoted at $48.06 per ounce, down 1.15% on the day.

00:15:09

Spot gold has just broken through the $3,980.00/ounce mark, and is currently trading at $3,978.48/ounce, down 1.14% on the day; COMEX gold futures are currently trading at $3,991.20/ounce, down 0.62% on the day.

00:14:40

Spot gold fell 1.04% on the day, closing at $3,982.41 per ounce; COMEX gold futures were last quoted at $3,994.40 per ounce, down 0.54% on the day.

00:14:29

Spot gold has just broken through the $3,990.00/ounce mark, and is currently trading at $3,989.96/ounce, down 0.85% on the day; COMEX gold futures are currently trading at $4,002.90/ounce, down 0.32% on the day.

00:09:49

Spot platinum has just broken through the $1580.00/ounce mark, and is currently trading at $1578.45/ounce, down 1.24% on the day; Nymex platinum futures are currently trading at $1580.7/ounce, down 2.08% on the day.

00:09:39

Spot gold has just broken through the $4,000.00/ounce mark, and is currently trading at $3,999.98/ounce, down 0.60% on the day; COMEX gold futures are currently trading at $4,011.80/ounce, down 0.10% on the day.

00:04:28

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,009.80/ounce, down 0.36% on the day; COMEX gold futures are currently trading at $4,022.00/ounce, up 0.15% on the day.

23:39:09

[Bank of America Strategists: Gold and Chinese Stocks are the Best Hedging Tools Amid the AI Boom] Bank of America strategists point out that Chinese stocks and gold are the best hedging tools against the inflated valuations driven by the AI sector boom. The S&P 500's forward price-to-earnings ratio has reached 23 times, far exceeding the average of 16 times over the past two decades. The Bank of America team, led by Michael Hartnett, stated, "The AI sector's leading position is unlikely to change in the short term, and gold and Chinese stocks are the best hedging tools against the boom/bubble."

23:08:21

Spot gold has just broken through the $4,010.00/ounce mark, and is currently trading at $4,009.90/ounce, down 0.35% on the day; COMEX gold futures are currently trading at $4,023.00/ounce, up 0.18% on the day.

23:05:36

Bridgewater's Dalio: Gold is the safest currency; overweight during times of war and devaluation. Details>

22:46:33

[Global Central Banks Bought 220 Tons of Gold in Q3, Spending $41 Billion on Jewelry] On March 30th, local time, the World Gold Council released its "Global Gold Demand Trends Report" for Q3 2025. Global gold demand reached 1,313 tons in Q3, a 3% year-on-year increase; the value of gold demand surged 44% year-on-year to $146 billion, both record highs for a single quarter. By the end of Q3, total gold demand had increased by 1% to 3,717 tons, valued at $384 billion, a 41% year-on-year increase. Investment demand dominated. Global gold investment demand surged to 537 tons in Q3, a 47% year-on-year increase, accounting for 55% of net gold demand in the quarter. Gold ETFs performed particularly well, with global holdings increasing by 222 tons; physical gold investment was also robust, with demand for gold bars and coins exceeding 300 tons for the fourth consecutive quarter. International gold prices repeatedly hit new highs. Gold futures prices on the New York Mercantile Exchange rose 17.1% from $3,307.7 per ounce at the end of June to $3,873.2 per ounce at the end of the third quarter. The price surged even more sharply in October, breaking through $4,000. On October 20th, gold futures prices briefly touched a record high of $4,392 per ounce, highlighting the current market's enthusiasm for gold investment. The high gold prices have not deterred central banks' gold purchases. In the third quarter, global central banks' net gold purchases totaled 220 tons, a 28% increase from the second quarter and a 10% year-on-year increase. [Microphone] Industry insiders stated that escalating geopolitical tensions, persistently high inflationary pressures, and uncertainty surrounding global trade policies have all contributed to increased investor demand for safe-haven assets. A weakening dollar, expectations of a Federal Reserve interest rate cut, and the existence of stagflation risks will further support future investment demand for gold. (CCTV Finance)

22:24:47

Morgan Stanley: Gold Prices Could Rise to $4,500 by Mid-2026. Morgan Stanley states that gold prices are poised to reach $4,500 per ounce by mid-2026 (previously projected for the second half of 2026) due to strong physical demand from ETFs and central banks, coupled with continued economic uncertainty. In a report, Morgan Stanley noted, “Recent gold price action has pushed it into ‘overbought’ territory on the Relative Strength Index (RSI), but the recent pullback has brought it back to healthier levels, potentially clearing market positions.” The bank expects continued buying of gold ETFs as interest rates decline, along with continued central bank purchases, albeit at a slower pace, while jewelry demand is expected to stabilize. However, Morgan Stanley also warns of downside risks, including potential price volatility that could prompt investors to shift to other asset classes, or central banks reducing their gold reserves.

22:01:08

[Spot Gold Technical Analysis] Observing the 30-minute candlestick chart, spot gold is generally exhibiting a range-bound trading pattern. The price structure shows that after the previous upward wave from a low of $3915.35 to a high of $4046.13, gold prices have recently entered a period of consolidation at higher levels. The price faces resistance at $4035.70, $4046.13, and $4060. On the downside, the psychological level of $4000.00 forms the first line of defense, with further support levels at $3988.91 and $3960.00, and the strongest support at the previous low of $3915.35. Looking at the MACD indicator, the current DIFF value is 2.24, the DEA value is 1.36, and the MACD histogram value is 1.76. Although both the fast and slow lines remain above the zero axis, indicating that the medium-term trend is still bullish, the small and converging MACD histogram values reflect a weakening of bullish momentum. From a candlestick chart analysis, the left side of the chart shows a relatively smooth upward trend, with the price steadily climbing from $3915.35 to $4046.13. During this period, it repeatedly tested support levels before continuing its upward movement, indicating a bullish dominance. However, the price encountered resistance after reaching the high of $4046.13 and subsequently fell back, entering a period of consolidation, reaching a low of $3988.91. Gold prices then rebounded again and are currently consolidating around $4020. This pattern of repeatedly testing resistance levels but failing to break through effectively reveals a weakening of bullish momentum. If gold prices cannot break through $4046.13 with significant volume in the short term, there is a possibility of a downward retest of the $4000 support level. Overall, the technical indicators on the 30-minute chart show a mixed picture of bullish and bearish forces. While the MACD is above the zero line, its momentum is weakening, and the RSI is neutral to slightly bullish but with limited upside potential. In terms of price structure, gold prices are trapped in a consolidation range between $4000 and $4046.13, and the short-term breakout direction remains unclear.

21:50:47

The Caribbean Smoke: The Energy War and Global Market Turmoil Behind the US-Venezuela Conflict Details>

21:41:40

Spot platinum has just broken through the $1580.00/oz mark, and is currently trading at $1579.70/oz, down 1.16% on the day; Nymex platinum futures are currently trading at $1587.4/oz, down 1.67% on the day.

21:32:48

Spot gold has just broken through the $4,020.00/ounce mark, and is currently trading at $4,019.80/ounce, down 0.11% on the day; COMEX gold futures are currently trading at $4,032.40/ounce, up 0.41% on the day.

21:13:55

[Warning Signs of a US Stock Market AI Bubble: 23x Valuation Far Exceeds 20-Year Average; Strategists Advocate Hedging with Gold and Chinese Stocks] ⑴ Bank of America strategist Hartnett points out that the S&P 500's forward P/E ratio has soared to 23x, far exceeding the 20-year average of 16x. The "Big Seven" stocks, which account for more than one-third of the index, have forward P/E ratios reaching 31x, indicating the AI boom is unlikely to subside in the short term. ⑵ Hartnett suggests using gold and Chinese stocks as hedging tools to mitigate the potential risk of a correction in the US stock market's AI boom.

20:58:10

Spot platinum has just broken through the $1590.00/oz mark, and is currently trading at $1589.87/oz, down 0.53% on the day; Nymex platinum futures are currently trading at $1594.5/oz, down 1.23% on the day.

20:45:00

[Caixin Futures: Divergent Trends in Precious Metals and Non-ferrous Metals] ⑴ Market optimism faded, and funds returned to fundamental trading logic. ⑵ Weaker-than-expected earnings reports from US tech stocks triggered a decline, with funds flowing back into gold ETFs, increasing holdings by 4.3 tons. ⑶ New York gold support is at $3940, and resistance is at $4070; domestic gold support is at 900 yuan, and resistance is at 926 yuan. ⑷ The support range for the AU2512 contract has shifted down to 904-910 yuan, with a short-term trading range of 915-926 yuan. ⑸ Trading recommendations: Reduce leverage, strictly control risk, and adopt a defensive buy-on-dips strategy. ⑹ The Fed cut interest rates as expected, but Powell's remarks were hawkish, stating that a December rate cut is "not a certainty." ⑺ Copper prices fell as a result, but domestic and international copper mine disturbances continued, with supply expected to be tight. ⑻ Amid escalating geopolitical tensions, Shanghai copper still has support; maintain a buy-on-dips strategy. (9) Shanghai zinc prices retreated slightly due to hawkish comments, while LME inventory levels remained low. (10) Domestic social inventories decreased slightly but remained high, with export opportunities open and demand stable. (11) Fundamentals are gradually moving towards a tight balance, and Shanghai zinc prices may stabilize and fluctuate. (12) Overall alumina supply and demand remain relatively loose, and the pressure of oversupply has not eased. (13) The rebound is weak given high inventory levels; caution is advised when bottom-fishing. (14) Risks of mining disruptions should be guarded against before the Guinea elections. (15) Aluminum prices were suppressed by hawkish comments, but the overall macroeconomic environment is favorable. (16) Tight scrap aluminum supply and firm prices suggest continued high-level fluctuations in Shanghai aluminum. (17) The strategy is mainly to buy on dips, while lithium carbonate futures remain relatively strong. (18) Strong downstream demand supports prices, and the destocking trend continues. (19) However, the rise is more of a temporary supply-demand mismatch, and the high supply pressure remains unchanged. (20) Excessive optimism about the upside potential of the market is not advisable; attention should be paid to demand and inventory trends.

20:41:37

Spot gold has just broken through the $4,030.00/ounce mark, and is currently trading at $4,030.13/ounce, up 0.15% on the day; COMEX gold futures are currently trading at $4,043.30/ounce, up 0.68% on the day.

20:39:25

Spot gold rose $8 in the short term, with attention focused on developments in the situation in Venezuela.

20:23:56

Spot platinum has just broken through the $1600.00/ounce mark, last trading at $1600.15/ounce, up 0.12% on the day; Nymex platinum futures contract was last trading at $1601.1/ounce, down 0.82% on the day.

20:23:06

Spot gold has just broken through the $4,020.00/ounce mark, and is currently trading at $4,020.10/ounce, down 0.10% on the day; COMEX gold futures are currently trading at $4,032.90/ounce, up 0.42% on the day.