Core Viewpoint - The strong performance of the U.S. economy and the hawkish stance of the Federal Reserve have led to a significant decline in gold prices, with the December 2025 gold futures dropping by $55.1 to $3,327.9 per ounce, a decrease of 1.63% [1] Economic Performance - The U.S. GDP for Q2 2025 grew at an annualized rate of 3%, reversing a 0.5% contraction in Q1 and significantly exceeding market expectations of 2.5% [1] - The GDP growth was primarily driven by a decrease in imports and an increase in consumer spending, while declines in investment and exports partially offset this growth [1] Federal Reserve Policy - The Federal Reserve maintained its benchmark interest rate in the range of 4.25% to 4.50% during its July meeting, despite some members voting in favor of a rate cut [1] - Fed Chair Jerome Powell's comments indicated a robust U.S. economy, with low unemployment and a labor market close to maximum employment, contributing to downward pressure on gold prices [2] - Analysts expect the Fed's monetary policy stance to be slightly more hawkish than current market expectations [2] Precious Metals Market - Following the decline in gold prices, silver futures for September delivery fell by $1.21 to $37.175 per ounce, a decrease of 3.15% [2]
美元走强,纽约金价30日重挫超1%、银价跌超3%
Xin Hua Cai Jing·2025-07-31 00:59