U.S. bond yields rose further last week, putting gold under pressure, but the long-term narrative has not changed. As far as copper is concerned, the performance of copper prices in the past two weeks has been extremely calm and in a state of volatility convergence, just as all kinds of assets have amplified fluctuations due to Trump's coming to power, thus pricing in advance the possibility after he took office. CORE POINTS1. Copper prices continued to fluctuate last week, and gold fell back after hitting a new highIn terms of precious metals, COMEX gold fell 0.55% and silver fell 5.22% last week; The Shanghai Gold 2410 contract fell 0.46%, and the Shanghai Silver 2410 contract fell 5.12%. Among the prices of major industrial metals, COMEX copper and Shanghai copper changed by-7.53% and-3

Last week, overseas interest rate cut expectations were further revised, and the CPI in September was higher than expected. At the same time, several Fed officials stated that interest rate cuts may be lower than previous market expectations. The market's interest rate cut expectations have also improved. The momentum of short-term economic growth has also improved, and copper prices have stabilized and rebounded accordingly. However, we do not think that the data in the United States will continue to strengthen, and we need to consider the possibility that the interest rate cut expectations will rise again.CORE POINTS1. Expectations for interest rate cuts continue to be revised, and copper prices stabilize and reboundLast week, overseas interest rate cut expectations were further revised,

The future trend of the yen and the US dollar was mainly driven by the policy factors of the two central banks, with the yen strengthening and the US dollar under pressure. Non-U.S. currencies mainly benefit from the growing downward trend of the U.S. dollar. For example, the British pound hit a new high in the past three years, and the Canadian dollar gained the biggest weekly increase of the year. Looking forward to this week, a number of Fed officials will make public speeches, and it is worth paying attention to whether the speeches can maintain consistency in dovish stances. In terms of economic data this week, U.S. inflation data, especially the core PCE price index, is more important: if the data is higher than expected, the decline in the US Dollar Index may ease. In addition, the

The below analysis was contributed by Jesse Colombo, Director of Marketing, North America for @BullionStar. Forbes contributor. Recognized by the London Times for predicting the Global Financial Crisis.Here's a theory Jesse have developed in recent days (a thread ):1) Though $Gold - main 2412(GCmain)$ priced in $USD Index(USDindex.FOREX)$ has broken out of its summer consolidation pattern (see chart below), it hasn't broken out in most other major currencies.Because of that, gold's breakout doesn't yet have the momentum/staying power that it will have once it finally breaks out in all major currencies. I believe that gold is close to a breakout in all major currencies and that will kick off

Last week can be said to be a week of recession expectations. Many indicators reflecting economic fundamentals, such as U.S. CPI, retail sales, initial jobless claims, Wal-Mart's financial report, etc., performed well. In particular, retail sales greatly exceeded expectations, which made the market's worries about the U.S. recession temporarily slowed down. The previous decline was affected by the double impact of recession trade and carry trade reversal. At present, both transactions have been reversed or falsified, so the price rebound repair is completely reasonable.CORE POINTS1. Both gold and copper prices rebounded last weekIn terms of precious metals, COMEX gold rose 3.06% and silver rose 5.61% last week; The Shanghai Gold 2410 contract rebounded 1.26%, and the Shanghai Silver 2412 c

There is no signal of confirmation of recession in the U.S. economy for the time being. Under the premise that the liquidity crisis has not occurred, the expectation of interest rate cuts and safe-haven demand still support the strong operation of precious metal prices. However, the current overall price of gold is at a historical high, and another upward breakthrough still requires new drive. Pay attention to the impact of this week's U.S. CPI and retail sales data.CORE POINTS1. Gold prices fluctuated at high levels last week, while silver and copper prices fell backIn terms of precious metals, COMEX gold fell 0.62% last week, and silver fell 3.99%; The Shanghai Gold 2410 contract fell 2.32%, and the Shanghai Silver 2412 contract fell 5.59%. Among the prices of major industrial metals, CO