Group 1 - Gold prices experienced a slight increase in early Asian trading on August 20, reported at approximately $3315 per ounce, following a significant drop the previous day [1] - The U.S. dollar index (DXY) rose by 0.13% to 98.23, indicating a stronger dollar which typically pressures gold prices [1] - President Trump expressed hope for a resolution to the Ukraine conflict, which could diminish gold's appeal as a safe-haven asset if peace negotiations progress [1] Group 2 - The probability of a 25 basis point rate cut by the Federal Reserve in September is estimated at 85%, which would generally be favorable for gold due to lower opportunity costs [2] - Market uncertainty surrounds Fed Chair Powell's upcoming speech at Jackson Hole, with concerns that he may downplay the likelihood of a September rate cut [2] - UBS strategist noted that if Powell's commitment to a rate cut is not clear, it could lead to market disappointment and further pressure on gold prices [2] Group 3 - Traders are closely monitoring the upcoming release of the Fed's July meeting minutes and Powell's speech for insights into U.S. economic outlook and monetary policy [3] - Analysts suggest that Powell may adopt a slightly dovish tone, which could support gold prices [3] - Technical analysis indicates that gold prices may challenge the 100-day simple moving average at $3301 per ounce, with key resistance levels at $3347-48 and historical highs at $3500 per ounce [3]
美联储鹰派隐忧“搅局” 黄金重挫17美元!日内关注美联储会议纪要!
Jin Tou Wang·2025-08-20 02:26