避险情绪再起，金价大幅拉升，可以布局了吗？

Group 1 - The U.S. has lost its last AAA sovereign credit rating, with Moody's downgrading it due to "massive fiscal deficits and rising interest costs" [1] - Gold prices surged due to market concerns over the U.S. fiscal deficit, with SGE9999 surpassing 750 yuan per gram and COMEX gold exceeding 3,240 dollars per ounce [1] - The latest U.S. inflation data shows a year-on-year CPI decrease to 2.3% in April, down from a previous value and expectation of 2.4% [1] Group 2 - Inflation breadth and stickiness continue to decline, with high tariffs not yet reflected in inflation data [2] - The recent easing of U.S.-China trade tensions has led to a decrease in risk premiums, contributing to a pullback in gold prices [3] - Central banks, including China's, continue to increase gold reserves, with China's reserves reaching 73.77 million ounces at the end of April, marking a month-on-month increase of 70,000 ounces [3]