EUR/USD
1.17361
-0.097%
Gold
4301.50
-0.869%
Oil
57.746
-0.168%
USD/JPY
156.613
0.123%
GBP/USD
1.34558
-0.088%
GBP/JPY
210.740
0.040%
Real-time News
December 31st - According to foreign media reports, the CME Group stated that market volatility was the main driver of the (current) margin requirement increase. As per exchange policy, the institution regularly reviews margin requirements to ensure traders can fulfill their obligations during periods of significant price fluctuations. Exchange officials stated that this decision was made to protect the clearinghouse and ensure the system remains robust under volatile conditions. Analysts reported that the margin requirement increase triggered large-scale trading and forced liquidations on the New York Mercantile Exchange, leading to a surge in trading volume and potentially increasing CME Groups revenue in the short term. However, some traders accused the exchange of suppressing prices. Analysts are currently closely monitoring the impact of the margin requirement increase on market behavior. While some see it as a necessary step in risk management, observers worry that it may reduce trading interest and dampen long-term participation in the precious metals market.December 31 - The State Council Information Office will hold a press conference at 3:00 PM on Tuesday, January 6, 2026. Vice Minister of Commerce Sheng Qiuping and relevant officials from the Ministry of Ecology and Environment, the Ministry of Agriculture and Rural Affairs, and the State Administration for Market Regulation will introduce the relevant situation regarding the promotion of green consumption and answer questions from reporters.The main Shanghai gold futures contract fell by 2.00% during the day, currently trading at 966.14 yuan/gram.The main Shanghai silver futures contract fell by more than 5%, currently trading at 16,913 yuan per kilogram.Futures commentary by Everbright Futures: Precious metals are experiencing significant volatility. With two trading days remaining overseas during the New Years holiday, short-term speculation warrants caution. The Federal Reserve meeting minutes show that most participants believed further interest rate cuts might be appropriate if inflation gradually declines as expected; most supported a December rate cut, with those supporting it generally citing increased downside risks to employment in recent months; most believed rate cuts would help prevent a deterioration in the labor market, while some officials pointed to the risk of rising inflation. A Federal Reserve survey indicates that respondents expect net purchases of approximately $220 billion in the first 12 months after the start of the purchase program. Geopolitically, the Russia-Ukraine conflict shows signs of further deterioration, with Saudi Arabias airstrike on Mukalla port and the situation in Yemen escalating further; safe-haven demand may influence gold prices.
