Shanghai Gold (CNH) Futures

Precious metals · Monthly series · CM-SGC1.COMEX

Latest, October 2026

709.35 CNH (exchange quote)

-0.2% from September 2026

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895.8613.8331.8October 2019October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 721.00 CNH (exchange quote), with an 80% interval of 519.19 CNH (exchange quote) to 895.78 CNH (exchange quote).

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026710.28 CNH (exchange quote)694.35 CNH (exchange quote)726.63 CNH (exchange quote)
December 2026710.85 CNH (exchange quote)691.91 CNH (exchange quote)731.48 CNH (exchange quote)
January 2027712.00 CNH (exchange quote)700.39 CNH (exchange quote)725.42 CNH (exchange quote)
February 2027713.06 CNH (exchange quote)690.86 CNH (exchange quote)738.27 CNH (exchange quote)
March 2027714.03 CNH (exchange quote)650.73 CNH (exchange quote)788.40 CNH (exchange quote)
April 2027715.07 CNH (exchange quote)620.72 CNH (exchange quote)818.65 CNH (exchange quote)
May 2027716.49 CNH (exchange quote)610.02 CNH (exchange quote)833.97 CNH (exchange quote)
June 2027716.97 CNH (exchange quote)610.27 CNH (exchange quote)824.43 CNH (exchange quote)
July 2027718.33 CNH (exchange quote)582.96 CNH (exchange quote)847.56 CNH (exchange quote)
August 2027719.47 CNH (exchange quote)571.06 CNH (exchange quote)858.27 CNH (exchange quote)
September 2027719.74 CNH (exchange quote)575.35 CNH (exchange quote)855.42 CNH (exchange quote)
October 2027721.00 CNH (exchange quote)519.19 CNH (exchange quote)895.78 CNH (exchange quote)

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Limited evidence

At least 6 complete tests are required; 4 are available.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
n/aToo few tests (4 tests, 6 needed) (4 tests, 3 won)
Direction
n/aToo few tests (4 tests, 6 needed) (34 of 48 calls right in 4 tests)
Turning points
n/aToo few tests (4 tests, 6 needed) (21 turns in 4 tests, 0 without a turn)
Error vs baseline
15% lowerError ratio 0.85; 1.00 is a tie.
Tests won
3 / 4Complete rolling backtests; ties count as no win.
Test period
2022-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
81%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 98% of the 84 earlier readings since October 2019.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026709.35 CNH (exchange quote)
September 2026710.55 CNH (exchange quote)
August 2026711.75 CNH (exchange quote)
July 2026705.85 CNH (exchange quote)
June 2026699.95 CNH (exchange quote)
May 2026701.15 CNH (exchange quote)
April 2026702.35 CNH (exchange quote)
March 2026696.45 CNH (exchange quote)
February 2026690.55 CNH (exchange quote)
January 2026691.75 CNH (exchange quote)
December 2025692.95 CNH (exchange quote)
November 2025687.05 CNH (exchange quote)
October 2025681.15 CNH (exchange quote)
September 2025682.35 CNH (exchange quote)
August 2025683.55 CNH (exchange quote)
July 2025677.65 CNH (exchange quote)
June 2025671.75 CNH (exchange quote)
May 2025672.95 CNH (exchange quote)
April 2025674.15 CNH (exchange quote)
March 2025671.05 CNH (exchange quote)
February 2025671.05 CNH (exchange quote)
January 2025646.60 CNH (exchange quote)
December 2024617.30 CNH (exchange quote)
November 2024613.05 CNH (exchange quote)

Source

Data: public market data feeds.

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