Workflow
金荣中国:现货黄金自隔夜涨势后小幅微跌,暂交投于3412美元附近
Sou Hu Cai Jing·2025-08-29 06:19

Fundamental Analysis - Gold prices experienced a significant surge, breaking the psychological barrier of $3400, reaching a high of $3423.02 per ounce, the highest level since July 23 [1] - The rise in gold prices is attributed to multiple factors including a weakening dollar, concerns over the independence of the Federal Reserve, and an influx of safe-haven investments [1][3] - The dollar index fell by 0.3% to 97.85, marking its third consecutive day of decline, which has made gold cheaper for international buyers and stimulated demand [1] - Market expectations for a potential interest rate cut by the Federal Reserve are increasing, with over 85% probability of a 25 basis point cut in the September meeting according to the FedWatch tool [3] - The simultaneous rise in gold and U.S. stock markets, with the S&P 500 and Dow Jones reaching record highs, reflects a dual strategy by investors to capitalize on stock gains while hedging against potential risks with gold [3] Political and Economic Context - The ongoing power struggle between the White House and the Federal Reserve, particularly President Trump's attempt to dismiss Fed Governor Cook, has raised concerns about the Fed's independence [3] - This political uncertainty is seen as an invisible driver pushing gold prices higher, as it adds to the overall market volatility [3] Technical Analysis - The daily chart indicates a strong bullish trend for gold, with potential testing of resistance levels at $3430 and $3450 [5] - Short-term trading strategies suggest focusing on potential long positions near the $3400 mark, with targets set at $3420 and $3445 [6]