Group 1: Market Sentiment and Trends - Recent macroeconomic concerns regarding U.S. debt and deficits have led to a temporary rebound in U.S. Treasury and dollar index, but the previous bullish sentiment in precious metals has not sustained, resulting in profit-taking [1] - The U.S. consumer confidence index rose significantly from 85.7 in April to 98 in May, indicating improved economic outlook among consumers, despite a decline in durable goods orders [2] - The recent geopolitical stability has contributed to a short-term correction in precious metals, with expectations of gold prices potentially reaching $4,000 per ounce by late 2025 or 2026 [3] Group 2: Price Movements and Technical Analysis - Gold prices have recently experienced volatility due to changes in trade relations between major economies, with a notable drop of nearly $60 in New York futures following shifts in U.S.-EU trade dynamics [4] - The current decline in gold prices marks the third correction since reaching above $3,500 on April 22, suggesting a weakening upward momentum that may indicate a significant market shift if the trend continues [4] - Analysts caution that the market's response to geopolitical narratives is swift, and the recent adjustments in precious metals may not be merely temporary [4]
机构看金市:5月28日
Xin Hua Cai Jing·2025-05-28 05:43