Workflow
机构看金市:5月22日
Xin Hua Cai Jing·2025-05-22 05:49

Core Viewpoint - The weakening of the US dollar credit is providing long-term support for gold prices, driven by economic uncertainty and increased demand for safe-haven assets [1][2][3]. Group 1: Market Analysis - Donghai Futures indicates that the softening dollar, combined with economic uncertainty, is boosting demand for gold as a safe-haven asset, leading to a continued rise in gold prices [1]. - According to Wengang Futures, the weakening of US dollar credit is positively impacting gold prices, with expectations of continued expansion of the US fiscal deficit under the Trump administration [2]. - Shenyin Wanguo Futures notes that gold and silver are rebounding amid a weak dollar, with concerns over US debt and economic pressures continuing to grow [3]. Group 2: Price Predictions - The Commonwealth Bank of Australia forecasts that gold prices will gradually rise to $3,750 per ounce in the fourth quarter due to safe-haven demand and a weakening dollar [3]. - The World Gold Council suggests that a rise in gold prices to $4,000 is not impossible, driven by strong demand and economic pressures [4]. Group 3: Demand Trends - The World Gold Council reports that global gold demand remains strong, with total demand in the first quarter reaching 1,206 tons, marking the strongest start to a year since 2016 [4].