黄金早参丨美联储独立性受质疑，金价创近两周新高，短期或偏强震荡

Group 1 - The core point of the article highlights the dismissal of Federal Reserve Governor Cook by President Trump, raising questions about the independence of the Federal Reserve and increasing risk aversion, which has led to a rise in gold prices, reaching a near two-week high [1] - As of the market close, COMEX gold futures rose by 0.75% to $3443.20 per ounce, while the gold ETF Huaxia (518850) increased by 0.27%, with net inflows of 197 million over the past ten trading days, indicating strong investor interest [1] - The analysis from CITIC Futures suggests that the downward trend in the U.S. labor market may lead to a potential restart of the Fed's rate cut cycle in September, which could support gold prices in the coming quarters [1] Group 2 - The article mentions that the market may experience a phase of trading based on the risks to the independence of the Federal Reserve, which could further bolster the gold trend [1] - Despite the strong performance of global equity markets, particularly in emerging markets, the weak fundamentals may not reverse, leading to a potential shift in market confidence [1] - The combination of rate cuts and a downturn in fundamentals is seen as favorable for gold, while a shift to a rate cut and recovery scenario could limit gold's elasticity, with silver potentially benefiting more [1]