特朗普也会对进口黄金征税？世界黄金协会：一切皆有可能

Core Viewpoint - The gold market is currently in a consolidation phase around $3,300 per ounce, with investors awaiting clearer signals regarding interest rate policies and trade situations [1][2] Group 1: Market Conditions - Joe Cavatoni from the World Gold Council indicates that the recent imposition of a 50% tariff on copper imports by the U.S. government serves as a reminder that gold may also face similar tariff adjustments in the future [1] - The current price of gold reflects a lack of clarity among market participants regarding key driving factors, with prices remaining stable around $3,300 [2][3] - Gold has seen a significant increase of nearly 26% this year, which is notable compared to the average expected return rate of around 8% [3] Group 2: Supply and Demand - The annual growth rate of gold production is expected to remain between 1% and 2.5%, aligning with the World Gold Council's forecasts [3] - Small-scale artisanal mining contributes approximately 20% to the total gold supply, and the organization is taking measures to regulate this sector [3] - Central banks have been significant buyers of gold, accounting for about 20% to 25% of global annual gold consumption over the past three to four years [4] Group 3: Future Outlook - The World Gold Council anticipates that central banks will continue to be active in the gold market, with 50% of surveyed central banks planning to increase their gold holdings in the next 12 months [4] - A report on gold demand trends will be released soon, which is expected to show strong central bank demand for gold in the second quarter [4]