Core Viewpoint - Gold futures are under pressure, trading around 777 CNY per gram, following Trump's announcement that there will be no tariffs on gold imports, which led to a short-term price decline [1][3]. Group 1: Market Reactions - Trump's statement on social media confirmed that gold would not be subject to tariffs, alleviating market uncertainty and potentially leading to a more pessimistic outlook [3]. - The U.S. Customs and Border Protection's recent announcement regarding tariffs on gold imports shocked traders, with tariffs applicable to 1 kg and 100 oz gold bars starting from August 7 [3]. Group 2: Geopolitical Factors - Hopes for a ceasefire in the Russia-Ukraine conflict are also weighing on gold prices, as Trump indicated that both Kyiv and Moscow must make territorial concessions for a peace agreement [3]. - Trump's comments suggest a potential for dialogue, which could reduce the demand for gold as a safe-haven asset [3]. Group 3: Economic Indicators - The U.S. is set to release the July Consumer Price Index (CPI) and Producer Price Index (PPI), with expectations that a slight increase in CPI could affect market perceptions regarding interest rate cuts by the Federal Reserve [4]. - If inflation data exceeds market expectations, it may lead to a reduction in gold prices, while a cooling inflation could bolster expectations for rate cuts [4]. Group 4: Technical Analysis - The market sentiment is leaning towards a bearish outlook for gold prices, with key resistance levels identified at 780-790 CNY and support levels at 765-770 CNY [5]. - A rebound in gold prices is anticipated if they do not close below 770 CNY, indicating a potential bullish trend [5].
黄金期货关注支撑点是否破位
Jin Tou Wang·2025-08-12 04:00