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Group 1 - The core message indicates that President Trump stated "gold will not be subject to tariffs," leading to a decline in precious metal prices [2] - As of the latest report, COMEX gold futures are at $3403.9 per ounce, with a 0.00% change, while international spot gold is up 0.37% at $3354.26 per ounce [2][3] - The international gold market experienced fluctuations, with a shift in sentiment following the release of non-farm payroll data [4] Group 2 - Upcoming discussions between President Trump and President Putin regarding the end of the Russia-Ukraine conflict have eased geopolitical tensions, reducing gold's appeal as a safe-haven asset [4] - The market is focused on the upcoming U.S. July CPI data, with expectations of a 0.3% month-over-month increase and a year-over-year increase of 3.0%, significantly above the Federal Reserve's 2% target [4] - Analysts predict that if inflation data exceeds expectations, it may reinforce the Fed's stance on maintaining high interest rates, potentially suppressing gold prices [4] Group 3 - The China-U.S. trade talks resulted in a joint statement indicating a temporary suspension of additional tariffs on each other's goods starting August 12, 2025 [4] - The People's Bank of China reported gold purchases for nine consecutive months, with July purchases totaling 1.86 tons, suggesting potential upward movement in precious metal prices [5] - Analysts from 瑞达期货 suggest that long-term trends indicate a strong performance for precious metals, with a focus on whether gold can maintain above $3500 per ounce [5] Group 4 - Gold ETFs and related funds offer low-cost, diversified investment opportunities in gold, with features such as T+0 trading [5] - The long-term value of gold as a hedge against economic downturns and its stability in relation to credit money supply is emphasized [5]