Workflow
国内贵金属期货全线飘红 沪金主力涨幅为0.47%
Jin Tou Wang·2025-04-29 07:53

Market Overview - Domestic precious metal futures experienced an overall increase, with the main Shanghai gold price at 785.14 CNY per gram, up by 0.47%, and the main Shanghai silver price at 8215.00 CNY per kilogram, up by 0.12% [1] - In contrast, international precious metal futures saw a decline, with COMEX gold priced at 3325.80 USD per ounce, down by 0.86%, and COMEX silver at 33.34 USD per ounce, down by 0.18% [1] Price Movement - On April 29, 2025, the opening, highest, and lowest prices for the main Shanghai gold were 782.90 CNY, 794.66 CNY, and 780.52 CNY per gram respectively [2] - The main Shanghai silver had opening, highest, and lowest prices of 8190.00 CNY, 8258.00 CNY, and 8176.00 CNY per kilogram respectively [2] - For COMEX gold, the opening, highest, and lowest prices were 3354.90 USD, 3359.30 USD, and 3314.80 USD per ounce respectively [2] - COMEX silver had opening, highest, and lowest prices of 33.40 USD, 33.50 USD, and 33.10 USD per ounce respectively [2] Economic Context - Recent observations indicate that U.S. President Trump's "pain threshold" is becoming a key factor limiting his potential market disruptions, as he has retreated from aggressive stances in response to financial market pressures [3] - Trump's concessions include postponing a planned tariff policy for 90 days after bond market volatility and retracting threats to dismiss Federal Reserve Chairman Powell amid declines in the stock market, bond market, and U.S. dollar [3] - These adjustments reflect the reality of economic interests, as stock market performance impacts his political image and public pensions, while bond market stability is crucial for government financing and his signature tax cuts [3] Federal Reserve Outlook - As of April 28, 2025, COMEX gold closed at 3354.8 USD per ounce, with a gain of 1.71%, while domestic SHFE gold closed at 793.68 CNY per gram, up by 1.57% [4] - According to CME's "FedWatch," the probability of the Federal Reserve maintaining interest rates in May is 91.1%, with an 8.9% chance of a 25 basis point cut [4] - The likelihood of the Fed keeping rates unchanged until June is 37.4%, with a cumulative 25 basis point cut probability of 57.3% and a 50 basis point cut probability of 5.3% [4]