Group 1 - Gold futures maintained their upward trend, with the latest Shanghai gold futures at 781.98 yuan/gram, reflecting a 0.22% increase, driven by concerns over political risks and expectations for interest rate cuts following Trump's attempt to dismiss Fed Governor Cook [1][2] - The announcement of strong U.S. economic data put short-term pressure on gold prices, with July durable goods orders at -2.8%, better than the expected -4% and previous -9.4%, while the Richmond Fed manufacturing index for August was -7, above the expected -11 and previous -20 [2] - Trump's dismissal of Fed Governor Cook, citing alleged criminal activity in financial transactions, marks the first instance of a president firing a Fed governor, which significantly impacts the Fed's independence and could lead to a more dovish monetary policy if a new dovish governor is appointed [2] Group 2 - In the context of anticipated further easing of monetary policy by the Fed, silver prices are expected to rise more significantly than gold, leading to a downward correction in the gold-silver ratio [3] - The reference trading range for the Shanghai gold main contract is set between 770-794 yuan/gram, with resistance levels at 785-790 and support levels at 770-780 [3]
美国经济数据表现强势 黄金期货仍维持涨势
Jin Tou Wang·2025-08-27 04:08