黄金ETF持仓量报告解读（2025-7-4）非农公布金价遭遇猛烈杀跌

Group 1 - The current total holdings of the largest gold ETF, SPDR Gold Trust, stand at 947.66 tons, unchanged from the previous trading day [5] - On July 3, spot gold prices fell significantly, reaching a low of $3311.37 per ounce and closing at $3325.81 per ounce, a decrease of $31.09 or 0.93% [5] - The recent non-farm payroll report showed an increase of 147,000 jobs in June, exceeding expectations, and the unemployment rate unexpectedly dropped to 4.1%, indicating reduced inflationary pressures [5] Group 2 - The U.S. House of Representatives passed Trump's "Big Beautiful Bill," which raises the federal debt ceiling by $5 trillion, potentially increasing the government budget deficit by $3.4 trillion over the next decade [6] - Concerns over the U.S. fiscal deficit may enhance gold's safe-haven appeal, especially with the approaching deadline of July 9 and ongoing tariff uncertainties [6] - Strong central bank purchases and increases in gold ETF holdings are expected to continue supporting gold prices [6] Group 3 - Technical analysis indicates that the upward trend remains intact, with the next significant resistance level for gold at $3358 per ounce, and a breakthrough could lead to testing the $3400 level [6] - If gold prices fall below $3300, the next support level will be around $3250, which was the low on June 30 [6]