黄金或将大涨？

Group 1 - The Jackson Hole annual meeting is a significant global central bank policy indicator, second only to interest rate decision meetings, and serves as a key platform for the Federal Reserve to release major policy signals [1] - At the Jackson Hole meeting on August 25, 2024, Federal Reserve Chairman Powell indicated that the timing for interest rate cuts had arrived and emphasized the need to prevent further cooling of the job market [1] - Following this, on September 18, 2024, the Federal Reserve announced a 50 basis point reduction in the federal funds rate target range to between 4.75% and 5.00%, marking the first rate cut in four years, which led to a surge in gold prices [1] Group 2 - On the day of reporting, the Shanghai gold price fell by 0.35%, closing at 772.68 yuan per gram [3] - According to Guangfa Futures, the market sentiment has weakened following trade agreements between multiple countries and the U.S., with tariff revenues partially offsetting inflationary pressures, thus supporting dollar assets [4] - Despite deteriorating U.S. economic data in July and significant government deficit pressures in a high interest rate environment, market demand for safe-haven assets remains [4] - The international gold price is currently facing resistance at the previous high of 3450 USD, and a stronger breakthrough is needed, with attention on the outcomes of the U.S.-Russia-Ukraine leadership meetings and Powell's statements at the central bank meeting [4] - Gold prices are expected to fluctuate within the range of 3300-3400 USD, with recommendations to construct bullish spread strategies through gold call options during price pullbacks [5]