Latest Financial News

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

According to data from the U.S. Commodity Futures Trading Commission (CFTC), market speculators' positions in various financial instruments changed significantly in the week ending July 29, revealing a subtle shift in market sentiment. Position data for precious metals, energy, and foreign exchange futures markets, as well as U.S. Treasury bonds, provides insight into market trends. Below is a detailed analysis of these key market position changes.

2025-08-02 12:08:17

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

Gold prices rose more than 1.5% on Friday, hitting a one-week high, as weaker-than-expected U.S. non-farm payroll data boosted hopes of a Federal Reserve rate cut and new tariff announcements stimulated safe-haven demand.

2025-08-02 00:31:22

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

Gold prices are testing a key short-term level following the release of disappointing labor market data, while weak manufacturing activity further supported the metal's upward momentum.

2025-08-01 23:29:44

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

A chart shows that of the 56 US employment-related indicators released so far, 25 are bullish for gold. The number of bullish and bearish indicators is similar, as shown in the table.

2025-08-01 21:25:32

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!

On Friday (August 1st) at 8:30 PM Beijing time, the U.S. Bureau of Labor Statistics released its highly anticipated July non-farm payroll report. The unexpectedly disappointing data triggered significant volatility in financial markets. Following the release, the U.S. dollar index plunged 105 points, while spot gold surged by approximately $34. The following analysis focuses on the immediate market reaction, evolving expectations of interest rate cuts, and future market trends.

2025-08-01 20:48:54

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?

After a sell-off this week, gold prices are once again attempting to reclaim the $3,300/ounce mark. This decline is the result of a combination of factors, including improved market sentiment following the trade deal and a stronger dollar. The question now is whether this is the beginning of a larger correction, or if the road ahead remains bumpy.

2025-08-01 18:30:02

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.

The US dollar index rose for seven consecutive days, reaching a new high, buoyed by the Federal Reserve Chairman's reaffirmed hawkish stance and better-than-expected core PCE data. Gold, however, remained under pressure, trading below 3,300, continuing its downward trend. While the unstable trade situation and risk aversion provided some support for gold prices, market expectations of a delay in the Fed's rate cuts limited upward momentum. Market focus now shifts to the US July non-farm payroll data, which may provide key guidance for gold's future price movements.

2025-08-01 14:10:03

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

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Canada's largest gold producer, reported second-quarter net income of $1.069 billion, or $2.13 per share, and record adjusted net income of $976 million, or $1.94 per share. The company's earnings exceeded the consensus estimate of approximately $1.83 per share. The company's record earnings were primarily driven by significantly higher gold prices and production cost controls.

2025-08-01 13:06:21

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

The World Gold Council (WGC) emphasized in its Q2 Gold Demand Trends report that gold demand remained broad-based in the second quarter, even as gold prices reached record highs. The WGC attributed the surge in gold prices primarily to strong investment demand for gold-backed exchange-traded funds (ETFs), with 170 tons of gold flowing into ETFs in the second quarter. The WGC stated that ETF demand still has room to grow. However, the report also noted strong demand for gold bars and coins, with analysts noting that rising economic uncertainty appears to be driving demand for physical gold as a safe haven.

2025-08-01 11:30:26

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

Gold prices fell slightly in midday trading in the United States on Friday (July 31st), primarily due to minor profit-taking. Silver prices fell sharply, hitting a four-week low, with significant long-settling selling in the futures market. December gold futures (typically trading over a dozen dollars above spot gold) were trading at $3,348.10, down $4.70. September silver futures were trading at $36.69, down $1.049.

2025-08-01 00:20:10

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.

Gold prices rebounded in the Asian session on Thursday, benefiting from the pause in the US dollar's short-term rally. Earlier, Federal Reserve Chairman Powell explicitly denied expectations of a September rate cut and released hawkish signals in his statement. This, coupled with strong US GDP and employment data, pushed the US dollar to a two-month high, pushing gold prices down to a monthly low. However, the market is cautious as it awaits the release of the US core PCE price index.

2025-07-31 14:20:07

Commodity support and resistance chart: Gold, Silver, Oil, Gas, Platinum, Palladium, Copper, and Agricultural Products Futures (July 31, 2025)

A chart showing the support and resistance levels of commodities: gold, silver, oil and gas, platinum, palladium, copper, and agricultural products. Updated at 13:30 on Thursday, July 31, 2025. Specifically covering 14 commodities: gold, silver, platinum, palladium, copper, crude oil, natural gas, fuel oil, wheat, corn, and cotton. For more details, see the specially created charts from Huitong Finance.

2025-07-31 13:33:41

The Fed maintains a neutral stance, and gold prices try to return to above $3,300

The Federal Reserve, despite acknowledging slowing economic growth, maintained its neutral monetary policy stance, keeping interest rates unchanged, while the gold market is trying to recapture the $3,300 per ounce mark.

2025-07-31 11:52:35

Pending home sales in the United States fell 0.8% in June, but gold still has little chance to breathe

The U.S. housing market continues to struggle as high mortgage rates and rising home prices make it difficult for consumers to even start the homebuying process, according to the latest data from the National Association of Realtors (NAR).

2025-07-30 22:50:49

Netanyahu is backed into a corner! Full occupation of Gaza or humiliating concessions?

The breakdown of ceasefire negotiations has left Israel facing a difficult choice: to continue its current military strategy, or to take more radical actions, such as the complete occupation of Gaza? This issue not only affects the situation in the Middle East, but also arouses widespread concern in the international community.

2025-07-30 14:57:00

Market wait-and-see sentiment intensified before the Federal Reserve meeting, and gold prices remained slightly volatile.

During Wednesday's Asian session, the international gold price (XAU/USD) fluctuated narrowly around $3,325. Ahead of the Federal Reserve's policy decision, market sentiment remained cautious, while the US dollar retreated slightly from its recent peak, providing some support for gold prices. However, expectations that the Fed will maintain its "higher interest rates for longer" policy, coupled with trade optimism, limited gold's upward potential.

2025-07-30 13:52:50

Instrument	Current Price	Change
XAU	3363.16	73.24 (2.23%)
XAG	37.003	0.319 (0.87%)
CONC	67.26	-2.00 (-2.89%)
OILC	69.48	-2.30 (-3.20%)
USD	98.678	-1.389 (-1.39%)
EURUSD	1.1594	0.0001 (0.01%)
GBPUSD	1.3282	-0.0001 (-0.00%)
USDCNH	7.1909	-0.0006 (-0.01%)

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