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Spot gold climbed above $4,500/oz for the first time since June 4, rising 3.83% on the day.

2026-08-20

Spot gold climbed above $4,500/oz for the first time since June 4, rising 3.83% on the day.

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2026-08-19

1. The State Council: The threshold for withdrawing housing provident funds to pay rent, which previously stipulated a certain percentage of family income, will no longer be set. 2. The State Council: It clarifies that self-employed individuals, par

1. The State Council: The threshold for withdrawing housing provident funds to pay rent, which previously stipulated a certain percentage of family income, will no longer be set. 2. The State Council: It clarifies that self-employed individuals, part-time workers, and other flexibly employed individuals can voluntarily contribute to housing provident funds. 3. Economic Daily: The method of driving investment through real estate will shift towards urban renewal. 4. Shanghai issues the "One-Stop Service Implementation Plan for New Home Purchases," optimizing processes and simplifying materials. 5. Three residential land parcels in Shanghai will be auctioned starting at 12.094 billion yuan, with a starting floor price of 96,900 yuan/㎡ in Huangpu District. 6. China Merchants Land reported interim revenue of 38.572 billion yuan in 2026, with a loss of 3.014 billion yuan during the period. 7. Midland Realty: Demand for upgraded housing in Hong Kong continues to be released, with nearly 3,000 new homes with three or more bedrooms sold this year. 8. Planning for the Biling North project in Pingshan District, Shenzhen, has been announced, adding 13 residential land parcels with a construction area exceeding 3.2 million square meters. 9. Hong Kong private residential rents per square foot hit a new high for the seventh consecutive month, rising 4.7% cumulatively over the first seven months. 10. US housing starts fell to 1.24 million units in July, with single-family home starts at their lowest level since November 2022.
2026-08-19

US EIA distillate fuel implied demand for the week to Aug. 14: 5.5536 mln b/d, up from 5.3924 mln b/d the prior week.

US EIA distillate fuel implied demand for the week to Aug. 14: 5.5536 mln b/d, up from 5.3924 mln b/d the prior week.
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