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Gold futures rose 0.2% to above $2,750/oz. JPMorgan analysts said in the report that gold is the commodity of choice to hedge against the upcoming US election. JPMorgan said that a Harris victory would indicate policy continuity and trend growth, while a Trump victory could lead to major policy changes. Therefore, if Republicans sweep the election under Trump, gold and silver could rise further under the influence of market uncertainty. JPMorgan said that...
On November 1st, the reporter learned from the Ministry of Housing and Urban-Rural Development that the continuous decline in the sales area of commercial housing in October this year has reached an inflection point. From the year-on-year data can analyze the market trend. In October, the online signing volume of new commercial housing nationwide increased by 0.9% year-on-year, an increase of 12.5 percentage points compared with the year-on-year in September. It achieved growth for the first tim...
On October 18th, news, in September, the sales price of new commercial housing in first-tier cities fell by 4.7% year-on-year, and the decline was 0.5 percentage points larger than the previous month. Among them, Beijing, Guangzhou and Shenzhen fell by 4.6%, 10.3% and 8.6% respectively, and Shanghai rose by 4.9%. The sales price of new commercial housing in second- and third-tier cities fell by 5.7% and 6.6% year-on-year, respectively, and the decline was 0.4 percentage points larger than the pr...
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