Core Viewpoint - The recent firing of Federal Reserve Governor Cook by President Trump has heightened political risk concerns and boosted market expectations for interest rate cuts, leading to a surge in gold prices [1][3]. Group 1: Market Reactions - Gold prices rose to a two-week high, closing at $3,393.43 per ounce, with a daily increase of 0.83% following the announcement [1]. - The U.S. dollar index fell by 0.22%, and the yield curve for government bonds steepened, indicating a shift in market sentiment [1]. - Market expectations for a rate cut in September have surged to over 87% [1]. Group 2: Catalysts for Gold Price Movement - The continuation of gold's upward trend in the short term depends on three key catalysts: the Federal Reserve's decision on rate cuts in September, upcoming GDP and PCE data confirming economic slowdown, and whether the dispute between Trump and the Fed escalates into a legal or political crisis [3]. - If the GDP and PCE data indicate economic weakness, it could further increase the likelihood of rate cuts, supporting gold prices [3]. Group 3: Long-term Outlook - If the independence of the Federal Reserve continues to be undermined, gold may enter a structural bull market, although concerns about inflation could lead to rising long-term interest rates [3]. - The current environment, characterized by suppressed short-term rates and political instability, is generally favorable for gold [3].
金价亚盘震荡微跌,等待支撑位多单布局方案
Sou Hu Cai Jing·2025-08-27 04:36