Core Viewpoint - Recent international gold prices have experienced a significant decline, with COMEX gold futures dropping nearly 4% over four consecutive trading days from July 23 to July 28, 2025 [2][5] Price Trends - As of June 28, the London gold spot price closed at $3,314.18 per ounce, down over $110 per ounce from the high on July 22 [2] - Domestic gold jewelry prices have also decreased, with major brands reporting prices below 1,000 yuan per gram. For instance, Chow Sang Sang's price was 994 yuan per gram on July 29, down 35 yuan from the high of 1,029 yuan on July 23 [2][3] - Lao Miao's gold price was 995 yuan per gram on July 29, down 28 yuan over six days, while Chow Tai Fook's price was 998 yuan per gram, down 25 yuan [2][4] Market Influences - The decline in gold prices is attributed to a shift in investor preference for riskier assets, influenced by easing global trade tensions. Notably, a trade agreement between the U.S. and Japan was announced, reducing auto tariffs from 27.5% to 15% [5] - The market anticipates that the Federal Reserve will maintain the federal funds rate target range at 4.25% to 4.50% during its upcoming meeting, which may lead to mixed reactions from President Trump regarding monetary policy [5] Analyst Insights - Market analysts suggest that while gold may experience short-term declines due to shifting buying interest towards silver and copper, the fundamental reasons for gold's strength as a safe haven against global uncertainties remain unchanged [6]
国际金价持续走低 金饰价格跌至1000元/克以下
Zhong Guo Ji Jin Bao·2025-07-29 10:14