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StoneX Research

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Market intelligence and research across precious metals and commodities, published by StoneX.

Analysis of daily loco London precious metal turnover in spot and derivatives, set into the geopolitical, economic and financial context; and what changes in volumes could represent

11‏/09‏/2026

Overview and Key Market Drivers (pp. 1-2) Macroeconomic and geopolitical factors heavily influenced the precious metals complex from June to August 2026 (p. 1). Key drivers included a hawkish Federal Reserve, US…

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StoneX weekly gold and silver round-up - written for retail clients

09‏/09‏/2026

Gold and Silver Price Volatility and Drivers Gold and silver ended the week nearly unchanged but experienced volatile trading ranges (3.3% for gold, 2.6% for silver) driven by shifting expectations for a Federal Reserve…

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StoneX video on the movement (or not) of central bank metal - and a comparison with aluminium

09‏/09‏/2026

Here is the link - short video 6 mins https://www.youtube.com/watch?v=hoEoBZvaiV0&list=PLseYUvaoguNgZ1uZ8iOzlxmmoe4AxgMut&index=1

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Warsh opens up (a bit) at Jackson Hole; ECB Minutes support a hike - and much more

04‏/09‏/2026

Central Bank Policies and Inflation Outlook Federal Reserve officials and minutes indicate a shift toward more restrictive policy stances (p. 9, p. 17). Kevin Warsh stated at Jackson Hole that forward guidance has…

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StoneX video interview on how the bond market will outwit the Treasury

29‏/08‏/2026

https://www.youtube.com/watch?v=7HDM3KTq35U

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Precious Metals Front Desk - metals, economics, financial developments

29‏/08‏/2026

US Debt and Bond Market Developments US national debt has reached critical levels, impacting bond and gold markets (p. 9). US debt exceeded $40 trillion for the first time on August 18, 2026, and is close to the…

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Bonds, basement and US debt (2-minute read)

21‏/08‏/2026

US Treasury's Liquidity Support Buyback Expansion (p. 2) The U.S. Department of the Treasury announced on August 19, 2026, that it is doubling the size of its liquidity support buyback operations for longer-dated…

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StoneX Precious Metals Front Desk presentation 19th August

20‏/08‏/2026

Global Precious Metals Market Dynamics Gold prices have risen sharply, driven primarily by financial flows and futures-market activity rather than physical shortages (p. 2, p. 3, p. 5). Gold ETF holdings reversed…

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Short video on the Fed, gold supply, Indian silver demand

18‏/08‏/2026

Please see this short video on the latest action in the gold and silver markets https://www.youtube.com/watch?v=EytEAu3559A&list=PLseYUvaoguNgZ1uZ8iOzlxmmoe4AxgMut&index=1

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StoneX Precious Metals Front Desk weekly presentation; Trump having another crack at Lisa Cook

14‏/08‏/2026

Precious Metals Market Dynamics and Performance Gold and silver experienced a sharp rally following weaker-than-expected US employment data, with gold testing $4,400 and silver trading around $65 (p. 9). Technical…

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