Group 1 - Gold prices experienced a significant surge on July 21, closing at $3,396.93 per ounce, an increase of $47.09 or 1.41% [1] - The rise in gold prices was primarily driven by a sharp decline in the US dollar and US Treasury yields, with the dollar index (DXY) falling by 0.64% to 97.83 [2] - The 10-year US Treasury yield dropped over 6.5 basis points to 4.356%, while the real yield fell by 6 basis points to 1.946% [2] Group 2 - The impending August 1 deadline for tariff negotiations has heightened uncertainty in the market, contributing to increased demand for gold as a safe-haven asset [3] - US President Trump threatened to impose tariffs of up to 30% on EU products, complicating negotiations that were initially expected to result in a 10% tariff agreement [3] - The EU is considering retaliatory measures, including the use of the "nuclear option" to limit US companies' access to the €2 trillion public procurement market [3] Group 3 - Speculation regarding potential early interest rate cuts by the Federal Reserve has created unease in the market, with discussions about the effectiveness of the Fed being raised [4] - The market sentiment is influenced by fears of inflation due to tariff-related concerns, although no significant inflation effects have been observed yet [4] Group 4 - Analysts indicate that gold prices have broken above the $3,300-$3,350 per ounce range, with bullish momentum strengthening [5] - The Relative Strength Index (RSI) has risen towards 60.00, suggesting that bullish sentiment is dominant [6] - If gold closes above $3,400 per ounce, it is expected to test the June 16 high of $3,452 per ounce, with a potential target of the historical high of $3,500 per ounce [6]
8月1日关税期限逼近!美元、美债收益率双双下滑 金价暴涨创五周新高
Jin Tou Wang·2025-07-22 02:29