Group 1 - The core point of the articles is that the release of the U.S. non-farm employment data for June significantly impacted the gold market, leading to a sharp decline in gold prices due to stronger-than-expected employment figures and a decrease in the unemployment rate [1][2] - The U.S. Labor Department reported an addition of 147,000 jobs, surpassing the expected 110,000, and the unemployment rate fell from 4.2% to 4.1%, indicating a resilient labor market [1] - Following the data release, the gold price dropped nearly 1%, falling from around $3,350 to approximately $3,310, while COMEX gold futures also experienced a decline of 0.68% [1] Group 2 - The reaction in the interest rate futures market was pronounced, with the probability of the Federal Reserve maintaining rates in July rising from 76.7% to 93.3%, while the likelihood of a 25 basis point rate cut plummeted from 23.3% to 6.7% [2] - The COMEX gold futures positioning data revealed that large institutional investors had begun to reduce their long positions before the non-farm data was released, with a total reduction of over 6,000 contracts [3] - This reduction in long positions reflects a shift in market sentiment, as strong non-farm data diminished expectations for rapid rate cuts by the Federal Reserve, decreasing the relative attractiveness of non-yielding gold [3]
美国6月非农就业超预期,黄金暴跌1%,多头减持6000手
Sou Hu Cai Jing·2025-07-04 04:12