Core Viewpoint - The SPDR Gold Trust, the world's largest gold ETF, reported a holding of 964.22 tons of gold as of August 13, remaining unchanged from the previous trading day. The gold price experienced fluctuations, reaching a high of $3,370.78 per ounce and closing at $3,356.02 per ounce, an increase of $7.95 or 0.24% [5]. Group 1: Gold ETF Holdings - As of August 13, the total holdings of SPDR Gold Trust are 964.22 tons [5]. - The gold ETF holdings remained stable compared to the previous trading day [5]. Group 2: Market Conditions and Influences - On August 13, spot gold prices fluctuated, with a peak of $3,370.78 per ounce [5]. - U.S. Treasury Secretary Yellen expressed optimism about the Federal Reserve potentially starting to cut interest rates sooner than expected, with a significant chance of a 50 basis point cut in September [5]. - The expectation of interest rate cuts by the Federal Reserve has led to a rebound in gold prices, although rising risk sentiment has also supported a rise in U.S. stock prices, limiting further increases in gold prices [5]. Group 3: Economic Data and Future Outlook - The market is awaiting upcoming inflation and employment data, which could influence the likelihood of a rate cut in September [5]. - Analysts suggest that if the economic data does not meet expectations, it may weaken the rationale for a rate cut [5]. Group 4: Technical Analysis - Technical indicators show that momentum remains below the 100-period line, with the Relative Strength Index (RSI) hovering around 50, indicating a cautious bullish sentiment [6]. - If gold prices fall below the 200-period Simple Moving Average (currently at $3,346), a new downward trend could emerge, potentially targeting the $3,300 level [6]. - Conversely, if gold prices regain upward momentum, the first resistance level is around $3,370, and a confirmed breakout could challenge the $3,400 mark [7].
黄金ETF持仓量报告解读（2025-8-14） 降息预期升温 推动金价反弹
Sou Hu Cai Jing·2025-08-14 04:14