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18:06:02

[Gansu Province issues orange alert for geological disaster meteorological risk] The Gansu Provincial Department of Natural Resources and the Gansu Provincial Meteorological Bureau jointly issued a geological disaster meteorological risk alert on August 2. It is expected that from 16:00 on August 2 to 16:00 on August 3, the risk of geological disasters such as collapse, landslide, and mud-rock flow in Lanzhou City (Honggu District, Yongdeng County, Gaolan County), Baiyin City (Baiyin District, Pingchuan District, Jingyuan County, Jingtai County), Lanzhou New District, and Wuwei City (Gulang County and Tianzhu County) in Gansu Province is high (orange alert); Gannan Prefecture (Hezuo City, Lintan County, Zhuoni County, Zhouqu County, Diebu County, Xiahe County), Lanzhou City (Chengguan District, Qilihe District, Xigu District, Anning District, Yuzhong County), Longnan City (Dangchang County, There is a high risk of geological disasters such as collapse, landslides, and mud-rock flows in the following areas: Li County, Dingxi City (Anding District, Tongwei County, Longxi County, Weiyuan County, Lintao County, Zhang County, and Min County), Tianshui City (Qinzhou District, Qin'an County, Gangu County, and Wushan County), Baiyin City (Huining County), Zhangye City (Ganzhou District, Sunan County, Linze County, and Gaotai County), Linxia Prefecture (Linxia City, Linxia County, Kangle County, Yongjing County, Guanghe County, Hezheng County, Dongxiang County, and Jishishan County), and Pingliang City (Jingning County). (Yellow alert) Please take precautions. (CCTV News)

14:41:19

[Best-selling refrigerator magnets are going viral. What's the secret behind Yiwu factories' non-stop busy schedule?] ⑴ In recent years, refrigerator magnets have become a top-selling product in the cultural and creative sector, with a constant stream of hits emerging on the market. ⑵ In Yiwu, Zhejiang, factories specializing in refrigerator magnet production are operating at a fever pitch. ⑶ In District 1 of Yiwu International Trade City alone, hundreds of shops sell refrigerator magnets. ⑷ Merchants explain their popularity as a result of their combination of practical functionality and cultural value. ⑸ Furthermore, refrigerator magnets offer significant room for design innovation, catering to the diverse needs of the market. ⑹ Data shows that, for example, the Sanxingdui gold mask saw peak monthly sales of 150,000 to 200,000 units. ⑺ This explosive growth reflects strong consumer demand for creative products that combine cultural significance with practicality. ⑻ The booming production at Yiwu factories also reflects the emergence of cultural and creative products as a new economic growth driver.

12:08:17

CFTC's holdings shift dramatically! Gold bulls flee, crude oil faces potential danger Details>

04:52:58

The October contract of COMEX gold futures rose 2% to $3,415.70 per ounce, with a cumulative increase of 0.69% this week; COMEX silver futures rose 1.03% to $37.090 per ounce, with a cumulative decrease of 3.30% this week.

03:40:15

Spot gold's short-term gains expanded, breaking through $3,360 an ounce for the first time since July 25, with a daily increase of 2.12%.

03:39:18

Spot gold just broke through the $3,360.00/ounce mark and was last trading at $3,360.07/ounce, up 2.13% on the day. The main COMEX gold futures contract was last trading at $3,412.60/ounce, up 1.91% on the day.

03:32:39

With a 2% increase in the day, spot gold rose in the short term and is now trading at $3,356.11 per ounce.

03:31:34

Data from the U.S. Commodity Futures Trading Commission (CFTC) showed that gold speculators on the New York Mercantile Exchange (COMEX) reduced their net long position by 28,021 contracts to 142,846 contracts in the week ending July 29.

03:31:26

Spot gold rose 2.01% to $3,356.04 per ounce. COMEX gold futures were last trading at $3,408.10 per ounce, up 1.78% on the day.

02:33:21

Spot platinum just broke through the $1,310.00/oz mark and was last trading at $1,310.05/oz, up 0.32% on the day. The main Nymex platinum futures contract was last trading at $1,325.8/oz, up 2.06% on the day.

02:30:42

The Shanghai Futures Exchange's crude oil futures 2509 contract closed down 2.86% in the night session, with a price of RMB 513.00 per barrel. At the same time, Shanghai gold closed up 1.33% in the night session, and Shanghai silver closed up 0.80%.

00:31:22

Gold prices surged over 1.5% as weak U.S. jobs data boosted expectations of rate cuts and tariffs triggered safe-haven demand. Details>

00:29:34

Spot platinum just broke through the $1,300.00/ounce mark and was last trading at $1,299.36/ounce, down 0.50% on the day. The main Nymex platinum futures contract was last trading at $1,317.8/ounce, up 1.44% on the day.

23:59:05

Gold futures rose on weak US jobs data, fueling expectations of a rate cut. July's US non-farm payroll data fell far short of expectations, with just 73,000 new jobs added, below analysts' expectations of 100,000. May and June figures were also revised downward by 258,000. Gold futures rose 1.6% to $3,402.30 per troy ounce. ING Group stated that the labor market lost momentum earlier than expected, and the impact of tariffs on the economy has increased pressure on the Federal Reserve to cut interest rates. A low interest rate environment is beneficial for non-interest-bearing gold, and market expectations for a September rate cut have intensified. (Dow Jones)

23:52:50

Spot platinum just broke through the $1,310.00/oz mark and was last trading at $1,310.10/oz, up 0.33% on the day. The main Nymex platinum futures contract was last trading at $1,320.8/oz, up 1.67% on the day.

23:29:44

US ISM Manufacturing Purchasing Managers' Index fell to 48, gold tested $3350 Details>

22:32:20

Spot platinum just broke through the $1,290.00/ounce mark and was last trading at $1,289.75/ounce, down 1.23% on the day. The main Nymex platinum futures contract was last trading at $1,300.1/ounce, up 0.08% on the day.

21:57:45

Spot platinum just broke through the $1,290.00/oz mark and was last trading at $1,289.95/oz, down 1.22% on the day. The main Nymex platinum futures contract was last trading at $1,299.5/oz, up 0.03% on the day.

21:51:35

Spot gold just broke through the $3,340.00/ounce mark and was last trading at $3,339.55/ounce, up 1.51% on the day. The main COMEX gold futures contract was last trading at $3,392.80/ounce, up 1.32% on the day.

21:33:12

Spot platinum just broke through the $1,290.00/ounce mark and was last trading at $1,288.97/ounce, down 1.29% on the day. The main Nymex platinum futures contract was last trading at $1,296.9/ounce, down 0.17% on the day.

21:29:09

Gold has surged to 3354, up more than $50 from the starting point of 3301 when the non-farm payrolls were released. It is expected to hit 3370 tonight.

21:25:32

A chart showing 56 US employment indicators after the non-farm payroll report shows a 1:1 bullish/bearish ratio for gold. Details>

21:14:50

Spot gold just broke through the $3,350.00/ounce mark and was last trading at $3,350.05/ounce, up 1.83% on the day. The main COMEX gold futures contract was last trading at $3,403.60/ounce, up 1.64% on the day.

21:03:38

Spot silver rose 1.01% to $37.05 per ounce; the main COMEX silver futures contract was last quoted at $37.14 per ounce, up 1.17% on the day.

21:00:38

Spot platinum just broke through the $1,300.00/ounce mark and was last trading at $1,301.10/ounce, down 0.36% on the day. The main Nymex platinum futures contract was last trading at $1,309.2/ounce, up 0.78% on the day.

20:59:47

Spot silver just touched the $37.00/oz mark and was last quoted at $37.00/oz, up 0.87% on the day. The main COMEX silver futures contract was last quoted at $37.09/oz, up 1.04% on the day.

20:52:02

Spot gold continued to soar, hitting a four-day high of $3,342.11 per ounce, with the intraday increase expanding to 1.58%.

20:48:54

The unexpected non-farm payroll report triggered an epic charge for gold, and the US dollar bulls were severely besieged and plummeted by more than 100 points! Details>

20:44:05

Spot gold just broke through the $3,340.00/ounce mark and was last trading at $3,340.12/ounce, up 1.53% on the day. The main COMEX gold futures contract was last trading at $3,393.40/ounce, up 1.34% on the day.

20:38:13

Gold analysis after non-farm payrolls: Gold started to rise from 3301 and soared to 3330 within five minutes. Looking at the hourly chart, pay attention to the previous high resistance of 3333.91. It is expected that the bullish target will soon point to the 3340-3345 area.

20:37:46

After the release of the U.S. July non-farm payroll data, spot silver rose rapidly to a new intraday high of $36.833 per ounce, rising by 0.41% on the day.

20:34:45

Spot gold just broke through the $3,330.00/ounce mark and was last trading at $3,330.56/ounce, up 1.24% on the day. The main COMEX gold futures contract was last trading at $3,382.70/ounce, up 1.02% on the day.

20:34:01

After the release of the U.S. July non-farm payroll data, spot gold rose rapidly, hitting a two-day high and now stands at $3,326.79 per ounce, with the intraday increase expanding to 1.11%.

20:33:24

Spot gold rose 1.01% to $3,323.01 per ounce. COMEX gold futures were last trading at $3,376.30 per ounce, up 0.83% on the day.

20:32:24

Spot gold just broke through the $3,320.00/ounce mark and was last trading at $3,320.66/ounce, up 0.93% on the day. The main COMEX gold futures contract was last trading at $3,374.00/ounce, up 0.76% on the day.

20:31:40

The non-farm payrolls increased by only 73,000, which was shocking. Gold jumped $8 in one minute to test the resistance of 3309. The unusually weak non-farm payrolls provided more reasons for Trump to pressure the Fed to cut interest rates.

20:31:13

Spot platinum just broke through the $1,290.00/oz mark and was last trading at $1,290.30/oz, down 1.19% on the day. The main Nymex platinum futures contract was last trading at $1,301.4/oz, up 0.18% on the day.

20:30:24

Spot gold just broke through the $3,310.00/ounce mark and was last trading at $3,310.19/ounce, up 0.62% on the day. The main COMEX gold futures contract was last trading at $3,362.40/ounce, up 0.41% on the day.

20:12:02

Spot platinum just broke through the $1,280.00/ounce mark and was last trading at $1,281.57/ounce, down 1.86% on the day. The main Nymex platinum futures contract was last trading at $1,288.3/ounce, down 0.83% on the day.

19:47:53

Reserves Approach $700 Billion: What's the Secret Behind India's Strong Foreign Exchange Reserve Growth? (1) Data from the Reserve Bank of India show that as of July 25, India's foreign exchange reserves rose to $698.19 billion. (2) This figure represents a $2.7 billion increase from $695.49 billion the previous week. (3) Within the composition of foreign exchange reserves, foreign currency assets increased from $587.61 billion to $588.93 billion. (4) Gold reserves also increased, rising from $84.5 billion to $85.7 billion. (5) In addition, reserve positions in Special Drawing Rights (SDRs) and the International Monetary Fund also increased. (6) The growth in reserves reflects India's stable economy and strong foreign exchange inflows. (7) With foreign exchange reserves approaching the critical $700 billion mark, India's resilience to external risks is strengthening.

18:52:38

Spot gold just broke through the $3,300.00/ounce mark and was last trading at $3,300.64/ounce, up 0.33% on the day. The main COMEX gold futures contract was last trading at $3,352.20/ounce, up 0.11% on the day.

18:30:02

There are mixed signals before the release of non-farm payroll data. Will the price of gold return to above $3,300 per ounce or fall further? Details>

18:09:49

[Gold's three consecutive declines: a life-or-death struggle amid dashed hopes for rate cuts?] ⑴ Gold prices remained stable on Friday, but are still on track for their third consecutive weekly decline. ⑵ As of 5:34 PM Beijing time, the spot gold price was $3,293.56 per ounce, down 1.4% for the week. ⑶ This trend was primarily driven by a stronger dollar and weakening market expectations for rate cuts. ⑷ The Federal Reserve previously maintained interest rates in the 4.25%-4.50% range, dampening market hopes for a September rate cut. ⑸ Meanwhile, the US dollar index rose to its highest level since May 29, making gold more expensive for holders of other currencies. ⑹ Nevertheless, the uncertainty surrounding Trump's tariff rhetoric and its potential impact on global economic growth provided support for gold. ⑺ Next, market focus will shift to the upcoming US jobs data, which investors will use to assess the Federal Reserve's future policy direction. ⑻ Notably, precious metals such as silver, platinum, and palladium also faced weekly declines this week.

17:07:43

[Gold Consumption Exceeds 500 Tons in the First Half of the Year! Jewelry Consumption Plummets 26%, While Gold Bars and Coins Surged Over 23%] ⑴ According to the latest statistics from the China Gold Association, China's gold production in the first half of 2025 was 179.083 tons, a year-on-year decrease of 0.31%. ⑵ Including 76.678 tons of gold produced from imported raw materials, the country produced a total of 252.761 tons of gold, a year-on-year increase of 0.44%. ⑶ During the same period, national gold consumption reached 505.205 tons, a year-on-year decrease of 3.54%. ⑷ Within the consumption structure, gold jewelry consumption was 199.826 tons, a sharp year-on-year decrease of 26%. ⑸ In sharp contrast, consumption of gold bars and coins bucked the trend and surged to 264.242 tons, a year-on-year increase of 23.69%. ⑹ Consumption of gold for industrial and other uses also continued to grow, reaching 41.137 tons, a year-on-year increase of 2.59%. ⑺ This combination of data reveals structural changes within the gold consumption market in the first half of the year. ⑻ Investment demand has increased significantly, while jewelry consumption demand has shrunk significantly due to various factors

16:28:13

Spot platinum just broke through the $1,260.00/oz mark and was last trading at $1,259.93/oz, down 3.51% on the day. The main Nymex platinum futures contract was last trading at $1,273.3/oz, down 1.99% on the day.

15:50:16

Spot platinum just broke through the $1,260.00/oz mark and was last trading at $1,259.45/oz, down 3.55% on the day. The main Nymex platinum futures contract was last trading at $1,280.2/oz, down 1.45% on the day.

15:36:55

Spot platinum just broke through the $1,270.00/ounce mark and was last trading at $1,269.80/ounce, down 2.76% on the day. The main Nymex platinum futures contract was last trading at $1,283.9/ounce, down 1.17% on the day.

15:31:55

Spot platinum just broke through the $1,280.00/oz mark and was last trading at $1,279.76/oz, down 2.00% on the day. The main Nymex platinum futures contract was last trading at $1,292.5/oz, down 0.51% on the day.

15:04:11

Spot gold just touched $3,290.00/oz and was last trading at $3,289.98/oz, unchanged on the day. COMEX gold futures were last trading at $3,341.60/oz, down 0.21% on the day.

14:52:00

Gold Prices Under Pressure on Weekly Charts but Finding Temporary Support, Market Focus on Non-Farm Payroll Data: 1. Spot gold briefly touched the 3,300 mark on Friday but has since pared gains, fluctuating around 3,290. This week's cumulative decline remains at 1.2%, potentially marking its third consecutive weekly decline. The US dollar index briefly climbed to its highest level since May 29th, continuing to suppress the performance of dollar-denominated gold. Analysts point out that gold prices have fluctuated between $3,250 and $3,450 for nearly two months and are currently moving toward the lower end of this range, potentially facing a directional shift. 2. A mix of bullish and bearish policy factors: The Federal Reserve held interest rates steady and downplayed expectations of a September rate cut, reinforcing the dollar's strength. However, trade tensions sparked by the US imposition of tariffs ranging from 10% to 41% on various countries are providing safe-haven support for gold prices. Marex analysts suggest that if tariff negotiations falter and trade frictions escalate, this could reignite gold demand. 3. Non-Farm Payroll Data is a key short-term indicator: The market is closely watching the US non-farm payroll report, due to be released this evening, with an expected increase of 110,000 jobs in July. The data will affect the market's expectations of the Fed's policy path. If the data shows a significant cooling of the job market, it may ease the pressure of the US dollar on gold; conversely, strong data may accelerate the gold price to break through the lower end of the range.

14:13:05

Spot platinum just broke through the $1,290.00/oz mark and was last trading at $1,289.93/oz, down 1.22% on the day. The main Nymex platinum futures contract was last trading at $1,301.8/oz, up 0.21% on the day.

14:10:03

The strong dollar and the hawkish stance of the Federal Reserve suppressed gold prices. Gold fell for the third consecutive week, waiting for the release of non-farm payroll data. Details>

13:53:22

Spot platinum just broke through the $1,300.00/ounce mark and was last trading at $1,300.20/ounce, down 0.43% on the day. The main Nymex platinum futures contract was last trading at $1,307.6/ounce, up 0.65% on the day.

13:53:01

Spot gold just broke through the $3,300.00/ounce mark and was last trading at $3,300.29/ounce, up 0.32% on the day. The main COMEX gold futures contract was last trading at $3,352.00/ounce, up 0.10% on the day.

13:17:32

Kazakhstan Central Bank: sold $700 million of state funds in the domestic market in July, plans to sell $500 million of state funds in August, sold 290 billion tenge in July to reflect gold purchases, and will sell another 290 billion tenge in August. On July 30, it conducted foreign exchange intervention worth $125.6 million.

13:06:21

Canada's largest gold producer posts strong second-quarter results with record earnings Details>

11:30:26

World Gold Council: Gold investment demand reignites, with ETFs becoming the focus Details>

10:43:00

Gold Prices Stable but Expected to End the Week Lower, Stronger US Dollar Suppresses Precious Metals' Performance. 1. Spot gold held steady at $3,287.86 per ounce in early trading on Friday, down 1.4% for the week and on track for its first weekly decline in three weeks. Market analysis shows that the US dollar index climbed to near a two-month high, dampening gold's appeal, while investors closely watched the upcoming US non-farm payroll data for new trading cues. 2. The US dollar index edged up 0.05%, extending its overnight gains. US President Trump signed an executive order Thursday evening, imposing tariffs ranging from 10% to 41% on goods from dozens of trading partners. Among them, tariffs on Canadian goods were raised from 25% to 35%, while Mexico was granted a 90-day tariff exemption. This trade policy change boosted the US dollar, making dollar-denominated gold more expensive for overseas buyers. 3. Market sentiment was further dampened, with Asian stock markets generally lower. Investors worried that the new round of tariffs could escalate global trade tensions, but there was no significant safe-haven inflow into the gold market. At the same time, holdings of the SPDR Gold Trust, the world's largest gold ETF, fell slightly by 0.09%, reflecting a weakening of market demand for gold. 4. Market focus is now turning to the U.S. non-farm payroll report, which will be released in the evening of Beijing time. After the Federal Reserve kept interest rates unchanged this week, labor market data will become a key indicator for determining the Fed's next policy direction. Traders said that strong employment data could further push up the dollar and increase downward pressure on gold; otherwise, it could provide short-term support for gold prices.

10:34:19

【Spot gold short-term operation suggestion: volatile downward trend, short selling at highs】 (1) Analysis reasons: The US dollar index maintains a bullish trend, market risk appetite recovers, putting pressure on gold prices, while the Fed's interest rate cut expectations slow down, which is not conducive to the strengthening of gold prices. The overall structure is bearish. If the US dollar breaks further upward, the possibility of gold prices opening up room for adjustment cannot be ruled out, waiting for the confirmation of the lower edge of the box support (2) Focus: risk aversion, US dollar index, US Treasury yields, global trade sentiment (3) Resistance: 3305, 3330, 3350 (4) Support: 3270, 3250, 3230;

09:19:53

Spot platinum just broke through the $1,290.00/oz mark and was last trading at $1,289.95/oz, down 1.22% on the day. The main Nymex platinum futures contract was last trading at $1,299.3/oz, up 0.02% on the day.

08:13:24

[Analyst: The market's reaction to the latest US tariffs has been flat or anticipated] Analyst Henderson said that so far, the market's reaction to the latest tariffs has been flat, which may indicate that investors have prepared their portfolios for these developments. Market fluctuations have been relatively orderly. We have not seen investors sell off growth assets such as US stock index futures sharply and turn to safe-haven assets such as the US dollar and gold.

06:13:02

Spot platinum just broke through the $1,300.00/ounce mark and was last trading at $1,300.19/ounce, down 0.43% on the day. The main Nymex platinum futures contract was last trading at $1,299.4/ounce, up 0.02% on the day.

06:05:41

Spot palladium just broke through the $1,200.00/ounce mark and was last trading at $1,200.01/ounce, down 0.82% on the day. The main Nymex palladium futures contract was last trading at $1,219.50/ounce, down 3.63% on the day.

06:00:11

Spot platinum just broke through the $1,290.00/oz mark and was last trading at $1,290.05/oz, down 1.21% on the day. The main Nymex platinum futures contract was last trading at $1,297.2/oz, down 0.15% on the day.

05:08:23

At the end of trading in New York on Thursday (July 31), spot gold rose by about 0.5% (actually up 0.47% to $3,290.70/oz, with a cumulative decline of 0.39% in July), COMEX gold futures fell 0.16% to $3,290.60/oz, the October contract fell 0.26% to $3,316.80 and fell 0.59% in July, the Philadelphia Gold and Silver Index closed up 0.07% at 204.21 points and rose 1.69% in July, spot silver rose 1.69% to $36.7180/oz, COMEX silver futures rose 1.72% to $36.795/oz and showed an M-shaped (high-rise and fall) trend as a whole, while New York copper (COMEX copper futures) fell 13.3% to $4.4270/pound.

02:31:26

The Shanghai Futures Exchange's crude oil futures 2509 contract fell 0.71% in the night session, closing at RMB 528.20 per barrel. At the same time, Shanghai gold rose 0.12% in the night session, while Shanghai silver fell 1.37%.

00:20:10

Gold prices weakened, silver prices fell sharply: copper prices are at least partly to blame Details>

00:13:43

Spot gold just broke through the $3,290.00/ounce mark and was last trading at $3,289.88/ounce, up 0.46% on the day. The main COMEX gold futures contract was last trading at $3,343.50/ounce, down 0.28% on the day.

22:49:40

India strives to maintain trade talks with the US: According to sources familiar with the matter, Indian officials are striving to maintain progress in trade negotiations with the US, with New Delhi considering reducing its trade surplus with the US by increasing purchases of US natural gas, telecommunications equipment, and gold. However, the Modi government has also drawn red lines—particularly regarding market access for agricultural and dairy products, where US demands for access to genetically modified crops continue to face political resistance.

22:17:48

Spot platinum just broke through the $1,290.00/ounce mark and was last trading at $1,289.80/ounce, down 5.80% on the day. The main Nymex platinum futures contract was last trading at $1,304.1/ounce, down 5.15% on the day.

22:00:36

Spot gold just broke through the $3,300.00/ounce mark and was last trading at $3,299.88/ounce, up 0.76% on the day. The main COMEX gold futures contract was last trading at $3,352.40/ounce, down 0.01% on the day.

21:14:01

Why was the market indifferent to the unexpectedly strong data? ⑴ June PCE data was released, and the monthly increase met expectations, but the annual figure exceeded expectations. The core PCE annual rate also exceeded market consensus. This suggests that inflationary pressures persist and have not subsided as quickly as the market had hoped. ⑵ Initial unemployment claims unexpectedly fell, indicating that the labor market remains strong. Furthermore, the unexpected increase in employment costs in the second quarter further demonstrated the resilience of the labor market, which should have been a sign of cooling market sentiment. ⑶ Despite this, US stock index futures continued to rise, the US dollar strengthened, and gold and crude oil prices diverged. The market seemed unusually calm in the face of the unexpectedly strong inflation and employment data. ⑷ Following the data release, federal funds rate futures indicated a 61% probability that the Federal Reserve would keep interest rates unchanged in September, virtually unchanged from before the data was released. Market expectations for a rate cut this year have not changed significantly, reflecting traders' unwavering confidence in the future policy direction. 5. Technology and communication services sectors led gains in pre-market trading, which may be related to the positive AI-related financial reports of certain companies, indicating that investors are chasing growth stories with greater certainty rather than simply being affected by fluctuations in macroeconomic data.

21:09:19

Spot platinum just broke through the $1,300.00/ounce mark and was last trading at $1,299.85/ounce, down 5.07% on the day. The main Nymex platinum futures contract was last trading at $1,315.0/ounce, down 4.36% on the day.

20:39:55

Spot gold just broke through the $3,310.00/ounce mark and was last trading at $3,310.16/ounce, up 1.08% on the day. The main COMEX gold futures contract was last trading at $3,363.20/ounce, up 0.31% on the day.

20:37:45

The US PCE data was higher than expected. The US dollar index rose by about 8 points in the short term, reaching a high of 99.8916. Spot gold fell by about $3 and then rebounded by about $6, reaching a high of 3309.85.

19:41:09

Spot platinum just broke through the $1,300.00/ounce mark and was last trading at $1,299.76/ounce, down 5.07% on the day. The main Nymex platinum futures contract was last trading at $1,311.6/ounce, down 4.60% on the day.

18:46:32

Spot gold just broke through the $3,300.00/ounce mark and was last trading at $3,299.96/ounce, up 0.77% on the day. The main COMEX gold futures contract was last trading at $3,352.50/ounce, down 0.01% on the day.

18:46:03

Spot platinum just broke through the $1,300.00/ounce mark and was last trading at $1,299.76/ounce, down 5.07% on the day. The main Nymex platinum futures contract was last trading at $1,311.1/ounce, down 4.64% on the day.

18:45:13

Spot silver fell 2.02% to $36.35 per ounce. COMEX silver futures were last trading at $36.43 per ounce, down 3.47% on the day.

18:09:59

Spot silver fell 1.00% on the day to $36.73 per ounce; the main COMEX silver futures contract was last quoted at $36.77 per ounce, down 2.55% on the day;

18:04:19

Spot platinum just broke through the $1,310.00/oz mark and was last trading at $1,308.76/oz, down 4.41% on the day. The main Nymex platinum futures contract was last trading at $1,321.7/oz, down 3.87% on the day.

17:58:56

July Hong Kong Stock Market Close: Unisound Leads Gains, Laopu Gold Leads Losses] ⑴ The top three Hong Kong stocks with the highest gains in July: Unisound (+95.85%), Guotai Junan International (+86.59%), and Oriental Selection (+85.08%). ⑵ The top three stocks with the largest declines: Laopu Gold (-29.71%), Chow Tai Fook (-23.22%), and Qifu Technology-S (-21.72%).

17:58:16

Southbound funds net bought HK$13.1 billion of Hong Kong stocks in a single day. ⑴ Southbound funds net bought HK$13.126 billion of Hong Kong stocks on July 31st, primarily purchasing TraHK (HK$2.405 billion), Hang Seng China Enterprises (HK$1.782 billion), Meituan-W (HK$1.398 billion), Kuaishou-W (HK$1.383 billion), and Alibaba-W (HK$1.043 billion). ⑵ In terms of net selling, Laopu Gold (HK$278 million) and CSPC Pharmaceutical Group (HK$113 million) saw reductions. Southbound funds net bought Tencent for six consecutive days, totaling HK$2.706 billion, and net bought Alibaba (HK$2.673 billion) and Xiaomi (HK$3.036 billion) for five consecutive days.

17:44:39

[Risk aversion ignites! Gold and silver prices soar, are gold miners celebrating?] ⑴ In pre-market trading on July 31st, shares of US-listed gold mining companies generally rose. ⑵ This upward trend is closely linked to the simultaneous surge in spot gold and silver prices. ⑶ Spot gold prices rose approximately 1% to $3,307.28 per ounce. ⑷ Gold's rise was primarily driven by a weakening US dollar and the announcement of new US tariffs, which significantly increased demand for safe-haven assets. ⑸ As a result, the share prices of top mining companies, including Newmont and Barrick Mining, saw slight increases. ⑹ South Africa's Harmony Gold rose 2.3%, and Sipany-Stillwater also saw slight gains. ⑺ Canadian miners performed particularly well, with Agnico Eagle Mines' share price rising 3.6%. ⑻ Kinross Gold's share price surged 4.4%. ⑼ These data show that, against the backdrop of growing global economic uncertainty and geopolitical risks, gold's appeal as a traditional safe-haven asset has resurfaced. ⑽ Investors have flocked to the precious metals market, boosting the stock performance of related mining companies.

16:20:18

Spot platinum just broke through the $1,320.00/ounce mark and was last trading at $1,320.35/ounce, down 3.57% on the day. The main Nymex platinum futures contract was last trading at $1,328.9/ounce, down 3.35% on the day.

16:18:38

Spot gold just broke through the $3,310.00/ounce mark and was last trading at $3,310.05/ounce, up 1.07% on the day. The main COMEX gold futures contract was last trading at $3,361.80/ounce, up 0.27% on the day.

15:45:54

Spot gold rose 1.01% to $3,307.95 per ounce. COMEX gold futures were last trading at $3,359.10 per ounce, up 0.19% on the day.

15:15:20

Spot platinum just broke through the $1,310.00/ounce mark and was last trading at $1,309.35/ounce, down 4.37% on the day. The main Nymex platinum futures contract was last trading at $1,326.5/ounce, down 3.52% on the day.

14:39:56

Spot platinum just broke through the $1,310.00/oz mark and was last trading at $1,309.67/oz, down 4.35% on the day. The main Nymex platinum futures contract was last trading at $1,327.3/oz, down 3.46% on the day.

14:30:52

[World Gold Council: Total gold demand in the second quarter soared to a new record of US$132 billion] The World Gold Council said that global total gold demand (including over-the-counter investment) in the second quarter of 2025 increased by 3% year-on-year to 1,249 tons. In terms of value, global total gold demand jumped by a significant 45% year-on-year to US$132 billion. Global gold ETFs maintained strong demand for two consecutive quarters, which was a key factor in boosting overall demand growth in the second quarter. Global trade policy uncertainty remains, geopolitical turmoil intensifies, and rising gold prices have jointly driven inflows into gold ETFs.

14:20:07

The Fed's hawkish stance and strong economic data pushed up the dollar, and gold returned to the lower edge of the box, and continued to fluctuate in the short term. Details>

14:16:08

The World Gold Council has lowered its forecast for central bank gold purchases this year, but the long-term trend of central banks reallocating assets from US assets to gold remains unchanged. As retail investment is expected to weaken moderately, gold ETFs have the potential to rise further in the second half of this year.

14:15:22

The World Gold Council: Central banks are a major source of gold demand, with purchases falling 21% to 166.5 tons in the second quarter. On the supply side, gold recycling increased 4% to 347.2 tons in the second quarter. Despite record high gold prices, recycling remains relatively subdued as Indian consumers choose to exchange old jewelry for new ones or use them as collateral for loans.

14:14:01

World Gold Council: Global gold jewelry consumption fell 14% to 341.0 tons, the lowest level since the third quarter of 2020 when the epidemic was raging, as high gold prices discouraged buyers

14:13:23

World Gold Council: Gold bar demand grew 21% in the second quarter, offsetting the continued decline in gold coin demand. Physically backed gold exchange-traded funds (ETFs) saw their largest half-year inflows since the first half of 2020 in the first six months of this year.

14:12:45

World Gold Council: Global gold demand, including over-the-counter (OTC) transactions, increased by 3% year-on-year to 1,248.8 tons in the second quarter, with investment demand increasing by 78%.

14:12:06

[World Gold Council: China's gold ETFs saw an inflow of 46.4 billion yuan in the second quarter, the strongest quarterly performance] Data released by the World Gold Council on July 31 showed that China's gold ETFs saw an inflow of 46.4 billion yuan (US$6.5 billion, 61 tons) in the second quarter, the strongest quarterly performance ever. Similar to the demand for gold bars and coins, the inflow of gold ETFs in the Chinese market was also concentrated in April, mainly driven by the intensification of global trade risks and the surge in gold prices. In the first half of the year, the total inflow of gold ETFs in the Chinese market reached 63.1 billion yuan (US$8.8 billion). Driven by the surge in gold prices, the total asset management scale (AUM) of China's gold ETFs more than doubled in the first half of the year, with a growth rate of 116%, reaching 152.5 billion yuan (US$21.3 billion) at the end of June, and total holdings soared 74% to 200 tons. Both AUM and total holdings set their respective record highs at the end of the month.

14:11:23

Spot platinum just broke through the $1,320.00/ounce mark and was last trading at $1,319.90/ounce, down 3.60% on the day. The main Nymex platinum futures contract was last trading at $1,336.6/ounce, down 2.79% on the day.

14:07:00

Hong Kong stocks with new consumption concepts continued to fall, with Laopu Gold (06181.HK) falling by more than 9%, Bruco (00325.HK) falling by more than 7%, and Pop Mart (09992.HK), Miniso (09896.HK) and others following suit.

13:57:21

Spot gold just broke through the $3,300.00/ounce mark and was last trading at $3,300.18/ounce, up 0.77% on the day. The main COMEX gold futures contract was last trading at $3,349.90/ounce, down 0.09% on the day.