Group 1: Gold Market Analysis - The international spot gold price opened at $3316.24, reaching a high of $3333.89 and a low of $3307.79, closing at $3326.38, an increase of $11.60 or 0.35% [1] - The gold price is currently supported by monthly and quarterly lines, indicating potential for a rebound after a recent break [5] - Despite the strengthening US dollar, gold and other precious metals have shown resilience, suggesting a possible short-term reaction to technical support levels [5][8] Group 2: US Dollar Index Performance - The US dollar index opened at 98.64 points, peaked at 99.13 points, and closed at 98.90 points, up 250 points or 0.25%, marking a five-week high [3] - The dollar's strength is expected to exert increasing pressure on gold and commodity prices, testing their technical support levels [8] Group 3: Precious Metals Overview - The Wellxin precious metals index opened at 6995.28 points, with a high of 7046.05 points and a low of 6943.15 points, closing at 7023.70 points, an increase of 32.77 points or 0.47% [4] - Silver, platinum, and palladium prices also saw increases, with silver up 0.10% to $38.18, platinum up 0.60% to $1395.20, and palladium up 1.69% to $1254.50 [5] Group 4: Oil Market Dynamics - NYMEX crude oil prices increased significantly, with a rise of 2.94% on Monday and 3.39% on Tuesday, despite the strong dollar [8] - The current oil price dynamics suggest a potential bottoming out, with the market showing signs of resilience against the backdrop of inflation concerns [10][12] Group 5: Hedge Fund Positioning in Oil - The total market value of open contracts in NYMEX crude oil futures is $2635.40 billion, with hedge fund positions significantly reduced compared to previous years [15] - Hedge funds' net positions in the oil market are at a ten-year low, indicating limited capacity to exert downward pressure on oil prices [16]
威尔鑫点金·׀ 美元加码施压金价续显韧性 基金做空原油的能量见底
Sou Hu Cai Jing·2025-07-31 09:56