ETO Markets 交易平台：美联储降息预期升温，黄金为何逆势走高？

Group 1 - The core viewpoint of the articles indicates that despite positive signals from recent trade negotiations, gold prices have risen, reflecting market sensitivity to inflation and policy changes [1][3] - The immediate driver for the increase in gold prices is attributed to the latest Consumer Price Index (CPI) data from the U.S., which showed a lower-than-expected month-on-month increase of 0.1% in May, leading to heightened expectations for a potential interest rate cut by the Federal Reserve in September [3] - The current macroeconomic environment highlights the critical impact of interest rate policies on the gold market, with low inflation data reducing U.S. Treasury yield expectations and pressuring the dollar index, thereby providing upward momentum for non-yielding assets like gold [3] Group 2 - The overall performance of precious metals shows platinum rising by 2.9% to a new high since 2021, and palladium increasing by 1.3%, indicating that the entire precious metals sector is benefiting from the combination of "cooling inflation and rate cut expectations" [3] - In contrast, spot silver experienced a slight decline of 1.2%, likely due to its stronger industrial characteristics and sensitivity to global trade prospects, reflecting market divergence in economic recovery assessments [3] - Gold prices are currently operating within a technical and emotional resonance zone, with bullish sentiment prevailing but facing resistance from previous high levels [4]