Group 1 - Gold stocks collectively rose, with Lingbao Gold increasing by 7.36% to HKD 10.8, Chifeng Gold up by 6.29% to HKD 24.5, Shandong Gold rising by 5.19% to HKD 25.56, and Zhaojin Mining up by 4.72% to HKD 20.4 [2] - The U.S. Labor Department reported that 73,000 non-farm jobs were added in July, significantly below the market expectation of 110,000, with previous months' job additions revised down by a total of 258,000 [2] - Following the disappointing non-farm employment data, expectations for interest rate cuts increased, leading to a sharp rise in gold prices, with COMEX gold futures surpassing USD 3,400 [2] Group 2 - Huayuan Securities indicated that the "Trump 2.0" theme involving tariffs and tax cuts may stabilize, while "rate cut trades" will provide strong momentum for gold price increases [3] - After the non-farm data fell short of expectations, gold prices surged by USD 40, recovering all previous losses and closing at USD 3,363 per ounce [3] - The expectation is that changes in U.S. monetary policy will support gold prices in the second half of the year, with a dual catalyst of "rate cut trades" and "Trump 2.0" continuing to drive gold prices until 2025 [3]
黄金股集体走高 非农数据不及预期金价暴力反弹 机构称降息交易支撑黄金价格
Zhi Tong Cai Jing·2025-08-05 03:01