Core Viewpoint - The SPDR Gold Trust, the world's largest gold ETF, reported a decrease in holdings to 927.62 tons, down by 8.89 tons from the previous trading day, amid fluctuating gold prices influenced by economic data and geopolitical tensions [6]. Group 1: Gold ETF Holdings - As of May 15, the total holdings of SPDR Gold Trust stand at 927.62 tons [6]. - The holdings decreased by 8.89 tons compared to the previous trading day [6]. Group 2: Gold Price Movements - On May 15, spot gold prices fell to a low of $3120.34 per ounce, marking a drop of over 10% from the historical high of $3500 per ounce [6]. - Gold prices rebounded to close at $3239.61 per ounce, an increase of $62.48 or 1.97% after initially dropping [6]. Group 3: Economic Indicators - The U.S. Producer Price Index (PPI) unexpectedly fell by 0.5% in April, the largest decline in five years, indicating that businesses absorbed some of the impacts of rising tariffs [6]. - Retail sales in the U.S. increased by 0.1% in April, suggesting consumers are beginning to cut back on spending amid rising prices and tariff concerns [6]. Group 4: Market Sentiment and Predictions - Analysts suggest that poor U.S. economic data has led to a decline in the dollar, supporting a rebound in gold prices [7]. - The geopolitical situation, particularly the lack of progress in peace negotiations involving Russia, is seen as favorable for gold [7]. - Federal Reserve Chairman Jerome Powell indicated that changes in economic conditions may lead to higher long-term interest rates, which could impact gold prices [7]. Group 5: Technical Analysis - Despite recovering above the $3200 mark, technical indicators remain negative, suggesting potential further declines in gold prices [7]. - Key support levels are identified at $3100 and $3060, with resistance at $3265 and $3300 [8].
黄金ETF持仓量报告解读（2025-5-16）局势缓和 黄金继续遭遇抛售
Sou Hu Cai Jing·2025-05-16 11:22