Group 1 - The global trade situation has eased, particularly with the US and China reaching a phased consensus, leading to a recovery in market risk appetite [1] - Despite the temporary agreement, the "America First" trade protectionism policy of the Trump administration is expected to continue disrupting the global political and economic order, contributing to a decline in US dollar credit [1] - Moody's downgrade of the US credit rating serves as a strong indication of the worsening economic outlook, with the US economy contracting by 0.3% in the first quarter of this year [1] Group 2 - The demand for gold is expected to remain strong due to geopolitical risks, declining US dollar and bond credit, and central banks globally increasing their gold holdings [1] - The market's focus this week will remain on global geopolitical situations and trade friction developments, as well as statements from multiple Federal Reserve officials regarding monetary policy [2] - Technically, after a significant downward adjustment, spot gold prices closed above $3200 per ounce, indicating strong bottom buying, with potential for further upward rebound [2]
黄金时间·每日论金：金价中长期涨势难言改变 3200美元关口支撑较强
Xin Hua Cai Jing·2025-05-20 06:43