Group 1 - The core viewpoint is that despite short-term fluctuations, the long-term bullish trend for gold remains intact, with recommendations to consider gold as part of equity asset allocation and to avoid frequent trading [1] - Gold is supported by ongoing economic and policy uncertainties, with expectations of interest rate cuts by the Federal Reserve, increased purchases by central banks, and global uncertainties contributing to its strong performance [1] - Goldman Sachs predicts that gold prices could reach $4,000 per ounce by mid-2026, highlighting the asset's continued appeal as a safe haven amid rising concerns over U.S. debt ceiling issues [1] Group 2 - Recent data from the New York Fed indicates a decrease in consumer inflation expectations, with a one-year inflation expectation dropping to 3.2%, down 0.4 percentage points from the previous month, suggesting improved consumer confidence [2] - The U.S. Congressional Budget Office (CBO) warns that if the debt ceiling remains unchanged, the government's borrowing capacity may be exhausted between mid-August and the end of September 2025, raising market concerns about the U.S. repayment ability [3] Group 3 - Tianhong Shanghai Gold announced an upgrade to its benchmark on June 3, increasing the gold investment proportion to nearly 100%, allowing for more precise tracking of gold price movements, with a potential 6% additional return over three years based on backtesting [4] - The new benchmark consists of 95% spot gold and 5% deferred gold contracts, compared to the old benchmark which included a portion linked to bank deposit rates, indicating a strategic shift towards a more gold-centric investment approach [4]
黄金高位震荡,加仓机会来了?三大投资逻辑聚焦
Quan Jing Wang·2025-06-10 05:15