Group 1 - The ADP non-farm data showed a surprising decline, recording a negative growth of 33,000 jobs in June, which was below the expected increase of 98,000, marking the first negative growth since March 2023. This has heightened concerns about the weakening labor market [2] - The market is anticipating a potential interest rate cut by the Federal Reserve, with expectations rising to a reduction of approximately 66 basis points by the end of the year, up from 63 basis points previously [2] - The overall sentiment in the market is leaning towards a bullish outlook for precious metals, as inflation and economic slowdown are expected to persist, making it likely for gold and silver prices to continue rising [1][2] Group 2 - Asset management firm abrdn suggests that the current global debt levels justify a new normal for gold prices above $3,000, as the U.S. debt has surpassed $37 trillion and European spending has increased [3] - Sprott's senior partner indicates that rising government debt is creating sovereign risks for the global economy, leading investors to seek hard assets like gold and silver. There is an expectation that gold prices will continue to rise, potentially stabilizing around $3,300 per ounce during the summer [4]
机构看金市:7月3日
Xin Hua Cai Jing·2025-07-03 03:38