Year-on-year CPI measures the change in the current price level compared with the same period of the previous year. Month-on-month CPI reflects changes relative to the immediately preceding statistical period. The formulas published by the National Bureau of Statistics are "(Current Period Value − Same Period of Previous Year Value) ÷ Same Period of Previous Year Value" and "(Current Period Value − Previous Period Value) ÷ Previous Period Value" respectively.

Reading a precious metals market analysis report word for word from start to finish can easily overwhelm you with massive economic data, market news and technical jargon. A more efficient approach is to identify the core threads within the report first, then decide which details merit in-depth reading.

The Hong Kong Gold Exchange provides a registered person inquiry system, allowing users to verify practitioner identities before opening an account. This guide details inquiry methods, key verification points, and anti-fraud tips.

The global macro environment has been complex and volatile in recent years. Official institutions in many countries have increased their gold holdings frequently, attracting widespread market attention. For investors following central bank gold purchases for spot gold, understanding the flow of official funds not only helps grasp the big picture, but also serves as a key to clarify the relationship between monetary credit and gold.

Understanding the short-term impact of geopolitical sentiment on commodity prices and tracing the flow of safe-haven buying for precious metals helps traders remain calm amid abrupt market shocks and formulate more rational response plans.

In the international commodity market, apart from routine minor fluctuations, black-swan events such as sudden shifts in global geopolitics or macroeconomic figures far exceeding market expectations may occasionally take place. The moment these unexpected events unfold, international gold prices often swing drastically within just a few minutes, flooding networks with massive trading orders.