Group 1 - The international precious metals market experienced overall fluctuations, with COMEX gold closing at $3377.0 per ounce, down 0.03% [1] - The most actively traded December 2025 gold futures price fell by $3.7, a decrease of 0.11%, after briefly touching the $3400 mark during the session [1] - Last week, international gold prices saw a cumulative decline of 3.11%, marking the largest weekly drop since March of this year [1] Group 2 - Market expectations for the Federal Reserve to restart interest rate cuts in September are high, with an 83.1% probability for a 25 basis point cut [4] - Analysts suggest that if aggressive expectations of a 50 basis point cut materialize, it could significantly boost gold prices [4] - Analysts believe that geopolitical tensions and policy easing have been the main drivers for the substantial rise in gold prices in recent years, indicating that gold may remain volatile until clearer Federal Reserve policy direction and new developments in geopolitical situations emerge [4] Group 3 - Silver futures for September delivery closed at $38.065 per ounce, up 4.5 cents, a rise of 0.12% [6] - December silver futures closed at $38.560 per ounce, up 4 cents, an increase of 0.1% [6] Group 4 - UBS has raised its mid-2024 gold price forecast to $3700 per ounce, citing expectations of Federal Reserve rate cuts, a weaker dollar, and increased investment demand [7] - UBS analysts have also adjusted their gold price targets for March and June 2026, increasing them by $100 and $200 respectively, to $3600 and $3700 per ounce [7] - Global gold demand is expected to grow by 3% this year, reaching 4760 tons, the highest level since 2011 [7]
金价大反转
Sou Hu Cai Jing·2025-08-19 10:18