Core Viewpoint - The international precious metals market experienced overall fluctuations, with gold prices showing a slight decline amid cautious market sentiment ahead of key geopolitical meetings and the upcoming Jackson Hole central bank conference [2][3]. Market Analysis - As of the close on August 18, 2025 December gold futures fell by $3.7 to $3378 per ounce, marking a decrease of 0.11%. During the trading session, gold prices briefly reached the $3400 mark [2][3]. - The market is closely monitoring the bilateral meeting between the U.S. and Ukraine, as well as the Jackson Hole conference where Federal Reserve Chairman Jerome Powell is expected to speak. There is a prevailing cautious sentiment, leading to a lack of clear upward or downward drivers for gold prices in the short term [3][4]. - Current expectations for the Federal Reserve's monetary policy indicate a high probability of a rate cut in September, with a 16.9% chance of maintaining rates and an 83.1% chance of a 25 basis point cut. Some analysts suggest that there is speculation about a potential 50 basis point cut, which could significantly boost gold prices if realized [3][4]. Silver Market - The September silver futures price closed up by 4.5 cents at $38.065 per ounce, reflecting a 0.12% increase. The December silver futures price also rose by 4 cents to $38.560 per ounce, with a 0.1% increase [4].
【环球财经】市场观望情绪浓重 纽约金价18日冲高回落小幅收跌
Xin Hua Cai Jing·2025-08-19 00:09