In the late trading session in New York on Wednesday, August 19, Eastern Time, the precious metals market saw a strong rally: spot gold surged 4.3% to close at $4,523.08 per ounce; COMEX gold futures also rose by 3.62%, closing at $4,580.70 per ounce. The silver sector performed even more impressively, with spot silver soaring 5.8% in a single day to $67.008 per ounce; COMEX silver futures recorded a 4.83% increase, closing at $67.13 per ounce. This collective uptrend in precious metals has dra

The US dollar has just broken through the 6.7300 mark against the offshore renminbi, now quoted at 6.7301, down 0.01% for the day; the US dollar is now quoted at 6.7341 against the onshore renminbi, down 0.00% for the day.

Australian gold mining company Northern Star forecasts its gold production scale for the 2027 fiscal year will be in the range of 1.5 million to 1.65 million ounces. As a leading local gold mining company, Northern Star’s production plan also to some extent reflects its overall planning for future gold mining capacity, project development pace, and related strategies. The actual future output will be closely related to global gold market supply and demand, price trends, and mining site operatio

Spot platinum has just broken through the $1,820.00/oz mark, now at $1,822.47/oz, up 0.24% on the day; NYMEX platinum futures main contract is currently at $1,831.6/oz, up 1.17% on the day.

According to CME "FedWatch," there is a 67.3% probability that the Federal Reserve will keep rates unchanged by September, and a 32.7% probability of a cumulative 25 basis point rate hike. By October, there is a 58.3% probability that the Federal Reserve will keep rates unchanged, a 37.3% probability of a cumulative 25 basis point rate hike, and a 4.3% probability of a cumulative 50 basis point rate hike.