纽约金价14日下跌

Core Viewpoint - The gold futures market experienced a decline due to unexpected high inflation data from the U.S., impacting market expectations and leading to selling pressure on gold [1] Group 1: Market Data - On December 14, 2025, the most actively traded gold futures price fell by $26.0, closing at $3,382.3 per ounce, a decrease of 0.76% [1] - The U.S. Producer Price Index (PPI) for July increased by 0.9% month-on-month, significantly higher than June's zero growth and market expectations of 0.2%, marking the largest increase since June 2022 [1] - Year-on-year, the PPI rose by 3.3%, surpassing June's 2.3% and market expectations of 2.6%, representing the highest level since February of this year [1] Group 2: Market Reactions - Following the inflation report, U.S. stock markets weakened, while the dollar and long-term U.S. Treasury yields increased [1] - The report slightly reduced market expectations for a 25 basis point rate cut by the Federal Reserve in September, contributing to the selling pressure in the gold market [1] Group 3: Employment Data - The U.S. Department of Labor reported a decrease of 3,000 in initial jobless claims for the week ending August 9, bringing the total to 224,000, which was below market expectations of 228,000, indicating resilience in the labor market [1] - Following this data release, the dollar index jumped approximately 25 points, surpassing the 98 mark, while gold prices significantly declined, reaching an intraday low [1] Group 4: Technical Analysis - Technically, December gold futures maintain a solid overall technical advantage for the bulls in the near term [1] - On the same day, silver futures for September delivery fell by $0.567, closing at $38.035 per ounce, a decline of 1.47% [1]