Core Viewpoint - The SPDR Gold Trust, the world's largest gold ETF, reported a total holding of 962.5 tons of gold as of August 27, 2025, reflecting an increase of 2.58 tons from the previous trading day, indicating a positive trend in gold ETF holdings [5]. Group 1: Gold ETF Holdings - As of August 27, 2025, SPDR Gold Trust's holdings reached 962.5 tons, up by 2.58 tons from the prior day [5]. - This marks the third consecutive trading day of increases in gold ETF holdings [5]. Group 2: Gold Price Movement - On August 27, spot gold prices experienced a slight increase, with a low of $3,373.51 per ounce and a high of $3,398.82 per ounce, closing at $3,397.48, up by $3.86 or 0.11% [5]. - The gold price faced downward pressure earlier due to a rebound in the US dollar and profit-taking by short-term speculators, but buying support emerged as prices dipped [5]. Group 3: Federal Reserve Influence - Federal Reserve's New York President Williams indicated that the September meeting is "live," suggesting policy flexibility, but did not explicitly support rate hikes or cuts [5]. - The market anticipates an 87% probability of a 25 basis point rate cut at the Fed's September 17 meeting, influenced by dovish comments from Powell [6]. Group 4: Technical Analysis - Technical indicators suggest a neutral to bullish outlook for gold, with prices above all moving averages and an RSI above 50, indicating potential for upward movement [6]. - Key resistance is near the $3,400 mark, with further resistance at approximately $3,440 if breached [6]. - Important support levels are identified at the convergence of the 21-day and 50-day moving averages around $3,350, with a more solid support at the 100-day moving average of $3,328 [6].
黄金ETF持仓量报告解读（2025-8-28）美元反弹投机获利 使黄金承压
Sou Hu Cai Jing·2025-08-28 04:19