UBSPDRG@EP2602A(19354.HK)

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UBSPDRG@EP2602A

19354.HK

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Ownership	%Owned	Share Chg	Report Date
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News

European bond yields steady as metals rout grips markets

European bond yields remained steady as precious metals faced a significant selloff, with silver and gold prices dropping around 10% and 6%, respectively. This decline was influenced by increased margin requirements from CME Group and market reactions to U.S. President Trump's nomination of Kevin Warsh for Federal Reserve Chair. Despite the turmoil in metals, German 10-year yields held at 2.8428%, while two-year yields were stable at 2.068%. Investors are awaiting the European Central Bank's interest rate decision, with inflation data expected to influence future policy.

Reuters·3 Hours ago

How does this round of "gold rush" differ from 2013?

Guosen Securities believes that 2013 was a "bottom-fishing" behavior after the sharp decline in gold prices, leading to a serious overdraft of demand; while the current round of demand is built against the backdrop of continuously rising gold prices, with the driving force shifting from speculation to long-term pursuits of asset allocation and wealth preservation. Market resilience is more established on product craftsmanship, brand narrative, and diversification of consumption scenarios, with consumers beginning to pay for "craftsmanship" and "culture." The core of industry growth has shifted from channel expansion to product-driven, with high value-added products effectively offsetting the impact of gold price fluctuations

Wallstreetcn·4 Hours ago

Wallstreetcn·4 Hours ago

Gold rally, FX swaps bolster India central bank's shield for rupee

A surge in gold prices and FX swaps have propelled India's foreign exchange reserves to a record $709 billion, enhancing the central bank's capacity to stabilize the rupee amid capital outflows and U.S. trade tensions. The rupee has faced pressure, hitting a lifetime low of 91.9850, yet reserves have increased by $25 billion since last August, despite interventions. The Reserve Bank of India has utilized buy/sell USD-INR swaps to mitigate liquidity impacts, with ongoing operations expected to influence future reserve levels.

Reuters·5 Hours ago

Spot gold falls over 6% to $4,563.36/oz

marketscreener·6 Hours ago

marketscreener·6 Hours ago

Spot gold may retrace further into $4,361-$4,476 range

Spot gold is expected to retrace further into the $4,361-$4,476 range per ounce, following a failure to stabilize around the key support level of $4,662. This indicates a potential extension towards the $4,174-$4,289 range, with a more realistic target at $4,476. Resistance is noted at $4,777, and a break above could lead to gains into the $4,848-$4,963 range. The market's recent decline from $5,599 confirms the completion of a five-wave cycle, suggesting a possible stabilization and bounce in the $4,300-$4,549 zone.

Reuters·6 Hours ago