“黄金关税”风波落幕，金价将安心开启新一轮涨势？

Group 1 - The U.S. President Trump confirmed that gold will receive a new tariff exemption, leading market observers to predict a new surge in gold prices [1] - Following the announcement, gold futures reached a historical high, with BNP Paribas Fortis' chief strategist Philippe Gijsels stating that gold prices could exceed $4000 per ounce [1] - UBS forecasts that the spot gold price will rise to $3500 per ounce by the end of the year, representing an increase of approximately 4.5% from current levels [1] Group 2 - Recent disputes over the classification of gold imports indicate potential confusion within the Trump administration regarding tariff declarations and their execution [2] - Despite the clarification on tariff exemptions, the prior confusion may have lasting effects on investor sentiment towards gold [2] - Deutsche Bank analyst Michael Hsueh noted that the market had already anticipated the tariff exemption, as evidenced by the narrowing of the EFP (Exchange for Physical) spread between New York futures and London spot prices [2][3]