Gold extends gains as real yields drift lower and central-bank buying persists
Continued official-sector accumulation and a softer rate outlook have kept bullion firm, with silver and platinum tracking the move higher.
Benchmark: LME cash tin, in-warehouse. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🌐 LME warehouses Global · terminal market | In-warehouseBenchmark | Global reference |
🇺🇸 US delivered USA · premium | Delivered premium | Solder demand; delivered premium |
🇨🇳 Yunnan (SHFE) China · top refiner | Ex-works China | Yunnan Tin — moves on the SHFE-LME arb |
🇮🇩 Indonesia (ICDX FOB) Indonesia · export-licence bound | FOB via ICDX | Bangka-Belitung; export permits swing supply |
🇲🇲 Myanmar concentrate Myanmar · Wa State | Feed to China | Mine suspensions in Wa State swing Chinese TCs |
🇨🇩 DRC / artisanal DR Congo · 3TG scrutiny | FOB payable | Provenance and compliance priced as a discount |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Converted from 53,712.00 USD/t · indicative FX
Tin is traded in the base metals segment. The series on this page is the named public source, not a live feed. Physical parcels of Tin can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Continued official-sector accumulation and a softer rate outlook have kept bullion firm, with silver and platinum tracking the move higher.
Robust West Africa bauxite and Brazilian ore cargoes tightened Capesize availability, lifting time-charter equivalents across key routes.
Long-term contracting activity picked up as reactors secure future supply, keeping U3O8 sentiment constructive despite thin spot volumes.
Seaborne 44% ore found a footing as Chinese alloy demand stabilised, with South African and Australian tonnes competing on freight.