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On Monday, November 17th, the Shanghai Gold Exchange's gold T+D contract closed up 0.09% at 930.04 yuan/gram; the Shanghai Gold Exchange's silver T+D contract closed up 0.04% at 11963.0 yuan/kilogram on the same day.

2025-11-18

On Monday, November 17th, the Shanghai Gold Exchange's gold T+D contract closed up 0.09% at 930.04 yuan/gram; the Shanghai Gold Exchange's silver T+D contract closed up 0.04% at 11963.0 yuan/kilogram on the same day.

Other News
2025-11-18

Energy: 1. UBS: Expects Brent crude oil prices to reach $62 by the end of this year and $67 by the end of next year. 2. Attacks on Sudanese energy facilities disrupt oil exports. 3. Goldman Sachs: Lowered its average price forecasts for WTI and Br

Energy: 1. UBS: Expects Brent crude oil prices to reach $62 by the end of this year and $67 by the end of next year. 2. Attacks on Sudanese energy facilities disrupt oil exports. 3. Goldman Sachs: Lowered its average price forecasts for WTI and Brent crude oil for next year to $52 and $56 per barrel, respectively. 4. Argentina will eliminate export tariffs on some refined petroleum products, including lubricants and hydraulic transmission fluids, starting November 18. 5. North American LNG exports drive up freight rates, with Atlantic shipping costs reaching a near two-year high. Precious Metals and Mining: 1. India's merchandise trade deficit widened to a record $41.68 billion in October, driven by a strong 199.2% year-on-year surge in gold imports. 2. Rosal: The Kremniy silicon plant will cease production on January 1, 2026, due to collapsing demand and increased competition. 3. Goldman Sachs: Central banks may make large-scale gold purchases in November, maintaining its gold price forecast of $4,900 by the end of next year.
2025-11-17

White House National Economic Council Director Hassett: All trade agreements have been granted exemptions.

White House National Economic Council Director Hassett: All trade agreements have been granted exemptions.
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