Group 1 - Gold prices continued to rise, reaching a high of $3486, the highest since April, driven by expectations of a 25 basis point rate cut by the Federal Reserve in September, with an 87% probability according to CME tools [1][2] - The gold market is influenced by declining U.S. Treasury yields, geopolitical tensions, and rate cut expectations, with inflation remaining sticky as the July PCE index year-on-year was at 2.6% and core PCE slightly increased to 2.9% [2] - Geopolitical risks, particularly the ongoing Russia-Ukraine conflict and tensions in the Middle East, are enhancing gold's appeal as a safe-haven asset [2] Group 2 - The current upward trend in gold prices is supported by macroeconomic easing expectations and risk aversion, with a weak dollar and global uncertainties contributing to the conditions for gold to challenge historical highs [2] - Technical analysis indicates that gold has broken through the $3440 resistance level, opening new upward potential, although short-term adjustments may occur around the psychological barrier of $3500 [2][4] - The weekly and daily charts show a positive trend for gold, with short-term support levels at $3463 and $3457, while the focus remains on potential upward movements towards historical highs [4]
秦氏金升:9.1金价挑战历史高点,黄金行情走势分析及操作建议
Sou Hu Cai Jing·2025-09-01 13:15