While silver inventories on COMEX continue to decline, Binance’s newly launched gold and silver perpetual futures have already surpassed $70 billion in trading volume within weeks. The sharp convergence across metals and crypto derivatives markets signals surging demand for 24/7 synthetic exposure to precious metals. Physical Silver Tightens as 24/7 Derivatives Demand Accelerates Across Crypto and Metals Markets Binance recorded over $70 billion in trading volume across its XAU/USDT and XAG/USDT perpetu ...

Towle & Co disclosed a new stake in Gold.com (NYSE:GOLD) on February 12, acquiring 325,397 shares in an estimated $11.08 million trade. What happened According to an SEC filing dated February 12, Towle & Co acquired 325,397 shares of Gold.com during the fourth quarter of 2025. The quarter-end value of the position stood at $11.08 million, capturing both the trade and price changes for the reporting period. What else to know This is a new position for Towle & Co, accounting for 2.93% of its 13F reportab ...

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting that timing entries into these trends is crucial for profitability [1][2]. Group 1: Stock Performance - Gold.com (GOLD) has shown a significant price increase of 144.3% over the past 12 weeks, indicating strong investor interest and potential for further upside [4]. - In the last four weeks, GOLD's price has increased by 50.2%, suggesting that the upward trend is still intact [5]. - Currently, GOLD is trading at 91.3% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Group 2: Fundamental Strength - GOLD holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock also has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like GOLD that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are several other stocks passing through the "Recent Price Strength" screen, encouraging investors to explore these options [8].

Core Viewpoint - The chairman of the Hong Kong Gold Exchange, Zhang Dexi, stated that "the golden era has arrived," emphasizing Hong Kong's historical background, institutional advantages, and innovative capabilities in accelerating the establishment of an international gold trading center [1] Group 1: Development of Hong Kong Gold Market - Hong Kong is advancing the construction of an international gold trading center to enhance its role in global gold pricing and as a hub [1] - A cooperation agreement was signed between the Financial Services and the Treasury Bureau and the Shanghai Gold Exchange on January 26, aiming to establish a central settlement system for gold in Hong Kong [1] - The agreement outlines the establishment of the "Hong Kong Precious Metals Central Settlement System Limited," fully owned by the Hong Kong government, with participation from Shanghai in governance and risk management [1] Group 2: Operational Aspects - The Hong Kong Central Settlement System is expected to enter trial operation within this year, which is seen as a crucial infrastructure to improve clearing efficiency, reduce counterparty risk, and facilitate cross-border flows [1] - The Hong Kong Gold Exchange emphasizes strict management and service capability requirements for qualified members, with some institutions already disclosing their qualifications and numbers [1] Group 3: Market Implications - The implementation and trial operation of the central settlement system are anticipated to enhance the transparency and efficiency of the Hong Kong gold market, attracting both domestic and international institutions [2] - This development is expected to support the internationalization of the Renminbi and enhance China's influence in international gold pricing [2] - Future growth will depend on institutional details, infrastructure integration, and the cooperation of market participants [2]

Core Viewpoint - The recent volatility in the gold and silver markets has raised concerns about illegal trading platforms and fraudulent activities targeting the public, prompting a financial education initiative in Shenyang to mitigate these risks [1][2]. Group 1: Financial Education Initiative - The Shenyang Municipal Financial Office, in collaboration with various regulatory and law enforcement agencies, organized an event themed "Preventing Risks from Gold and Silver Fluctuations and Staying Away from Illegal Finance" to educate the public about the dangers of illegal financial activities [1][2]. - The event featured professionals from regulatory bodies, the legal system, and the jewelry association, who provided targeted presentations on trading risks, illegal fundraising methods, and common types of fraud [1][2]. - Interactive elements such as quizzes, case studies, and Q&A sessions were included to help attendees recognize illegal fundraising schemes and promote safe financial practices [1][2]. Group 2: Public Response and Future Actions - Participants expressed appreciation for the clarity and accessibility of the financial knowledge shared during the event, indicating that the information was made understandable through engaging interactions [2]. - The Shenyang Municipal Financial Office emphasized the importance of protecting the public's interests, especially with the upcoming Chinese New Year, and highlighted the need to reduce participation in illegal financial activities to prevent family financial crises [2]. - To further combat illegal trading in the gold market, the Municipal Financial Office plans to conduct on-site inspections of gold industry enterprises in collaboration with regulatory and law enforcement agencies to identify and address potential illegal activities early [2].

Core Viewpoint - The recent liquidity shock in the precious metals market is attributed to the resolution of political uncertainty regarding the future leadership of the Federal Reserve, rather than a sudden deterioration in fundamentals [1][2]. Group 1: Market Reaction - The significant drop in precious metals prices is seen as a turning point in market sentiment, with a rapid unwinding of previously accumulated risk premiums as the anticipated political uncertainty was resolved [1][2]. - The specific nominee for the Federal Reserve chair is less critical than the removal of uncertainty, which has led to a rapid adjustment in market positions [3]. Group 2: Gold and Silver Market Dynamics - The gold market was previously in a state of speculative overheating, with a surge of non-professional investors leading to overcrowded long positions, resulting in insufficient support during the recent pullback [3]. - Silver has demonstrated its high-risk characteristics, often facing liquidity issues in extreme market conditions, and is viewed by some analysts as a "death trap" [4]. - Technical analysis has become more significant than fundamentals, with Fibonacci retracement levels indicating key targets of $4225 for gold and $66 for silver [4]. Group 3: Other Metals and Long-term Outlook - In other metal markets, platinum is facing downward pressure after reaching a critical level of $1954, with potential for a $300 decline, while palladium is approaching a support zone at $1560 [4]. - Despite short-term withdrawals of safe-haven funds, discussions regarding central bank independence will continue, suggesting that long-term premiums for gold will not completely disappear [4]. - The recent deep correction is viewed as a self-correction of an overcrowded market, and while short-term technical indicators appear bearish, the re-pricing of risk premiums may help the market return to rationality in the long run [4].

Core Insights - The stock market has experienced significant growth over the last three years, with major indexes reaching record highs driven by innovations such as AI and quantum computing, as well as a surge in precious metals like silver and gold [1][5] Group 1: Silver Market Dynamics - Silver has shown remarkable returns, with futures approaching a nearly 300% increase over the past year before a significant drop [5] - The demand for silver is expected to rise due to its critical role in solar panels and electric vehicle batteries, driven by the growth of renewable energy [6] - The increase in U.S. money supply during and after the COVID-19 pandemic has positioned gold and silver as stores of value, contrasting with the infinite supply of U.S. dollars [7] Group 2: Market Sentiment and Volatility - The fear of missing out (FOMO) has significantly influenced silver prices, leading to a rapid increase from around $50 to nearly $122 per ounce [8] - On January 30, silver futures experienced a dramatic decline of 31% in a single day, marking the worst performance since March 1980, attributed to the bursting of the FOMO bubble rather than external manipulation [9]

Group 1 - The core viewpoint of the article highlights a significant increase in precious metals, particularly silver, with COMEX silver rising over 13% and spot silver increasing by more than 10% to reach $87.03 per ounce [1][2]. Group 2 - COMEX silver price reached $87.040, reflecting a rise of 10.031, which is a 13.03% increase [2]. - Spot silver price reported at $87.080, showing an increase of 7.949, equivalent to a 10.05% rise [2]. - The London gold price was noted at 4932.370, with an increase of 273.092, representing a 5.86% rise [2].

Market Overview - Gold and silver experienced significant declines, with spot gold falling as much as 6.3% and silver plunging up to 11.9% during Asian trading hours on Monday [1] - The previous session saw the steepest intraday loss on record for silver, indicating extreme volatility in the precious metals market [1] Investor Sentiment - Robert Gottlieb, a former precious metals trader, noted that market liquidity is constrained due to a reluctance to take further risks, suggesting that the market is currently crowded with trades [2] - The surge in precious metals prices was driven by geopolitical concerns, currency debasement, and the Federal Reserve's independence, with significant buying from Chinese speculators contributing to the rally [2] Chinese Market Dynamics - The behavior of Chinese investors in buying dips will be crucial in determining market direction following the recent selloff [3] - Despite a fall in the Shanghai benchmark price, it continues to trade at a premium over international prices, with increased retail demand expected ahead of the Lunar New Year [3][4] Price Movements and Economic Factors - The selloff was triggered by the nomination of Kevin Warsh to lead the Federal Reserve, which strengthened the dollar and negatively impacted gold and silver prices [5] - Precious metals were already facing extreme volatility, with a record wave of call option purchases reinforcing upward price momentum [6] Supply and Demand Factors - In the silver market, hot money inflows in China have led to domestic supply tightness, but this may ease as investment demand diminishes due to the recent price rout [7] - As of 12:15 p.m. Singapore time, gold was priced at $4,671.53 per ounce, down 4.6%, while silver declined to $78.86, a drop of 7.4% [8]

Core Viewpoint - The recent sharp decline in gold and silver prices has led to a mixed response from investors, with some seizing the opportunity to buy while others are looking to liquidate their holdings due to fears of further declines [3][7]. Market Reaction - On January 31, spot silver prices fell by 36%, marking the largest single-day drop in history, while gold prices dropped over 12%, falling below $4,700 per ounce, the largest single-day decline in 40 years [1][7]. - Despite the price drop, the demand for gold jewelry remains strong, with reports of significant purchases, such as a consumer buying 263 grams of gold jewelry for over 360,000 yuan [1][4]. Investor Sentiment - The current market shows a clear division in investor sentiment: some are buying gold and silver as a hedge, while others are anxious about potential further declines and are looking to sell [3][6]. - Online discussions reflect a mix of emotions, with some investors expressing regret over losses and others feeling that gold remains out of reach due to high prices [6]. Price Drivers - The sharp decline in gold and silver prices was triggered by the nomination of Kevin Warsh for the next Federal Reserve Chair, which led to a rapid increase in the dollar index, making gold and silver more expensive for overseas investors [7]. - Analysts suggest that the recent price movements are influenced by market sentiment and profit-taking, with a significant amount of capital having entered the precious metals market recently [7][8]. Future Outlook - Analysts predict that while short-term volatility may continue, the long-term outlook for gold remains positive due to ongoing geopolitical risks and potential shifts in U.S. monetary policy [8][9]. - The potential for gold prices to reach $6,000 per ounce is noted, although short-term fluctuations are expected [8]. - The market for silver may experience even greater volatility due to its smaller market size and lower liquidity compared to gold [9].