【黄金期货收评】美国滞胀风险抬升 沪金日内下跌0.03%

Group 1 - The Shanghai gold spot price on July 17 was quoted at 772.80 yuan per gram, showing a discount of 3.48 yuan per gram compared to the futures main price of 776.28 yuan per gram [1] - The U.S. June PPI year-on-year was reported at 2.3%, below the expected 2.5%, with the previous value revised from 2.60% to 2.7% [1] - The U.S. June core PPI year-on-year was reported at 2.6%, below the expected 2.7%, with the previous value revised from 3.00% [1] Group 2 - The probability of the Federal Reserve maintaining interest rates unchanged in July is 95.9%, while the probability of a 25 basis point cut is 4.1% [2] - The probability of the Federal Reserve maintaining interest rates unchanged in September is 43.7%, with a cumulative probability of a 25 basis point cut at 54.0% [2] Group 3 - The recent U.S. PPI data was unexpectedly low, primarily due to a cooling in service prices, which alleviated market concerns over the previous CPI rebound [3] - The market remains cautious about future inflation trends, with the potential for the Federal Reserve to delay interest rate cuts if the labor market remains stable [3] - Precious metals are expected to maintain high volatility amid uncertainty regarding inflation rebound and economic weakness risks [3]