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金价盘中突破3600美元,刷新历史新高,中国资产逆势上涨
2 1 Shi Ji Jing Ji Bao Dao·2025-09-02 23:57

Group 1: Gold Price Surge - International gold prices have reached record highs, with New York futures hitting $3600 per ounce and spot gold surpassing $3530 per ounce, marking a year-to-date increase of over 30% [1][4] - Silver prices have also surged, breaking the $40 per ounce mark for the first time since 2011, with a year-to-date increase exceeding 40% [1][4] Group 2: Factors Driving Gold Prices - The expectation of interest rate cuts by the Federal Reserve is a significant catalyst for the rise in gold prices, with historical data showing an average increase of 6% in gold prices within 60 days of the Fed starting a rate cut cycle [4] - Other contributing factors include increased gold reserves by central banks, a declining US dollar index, and rising US national debt, which collectively enhance market demand for safe-haven assets [4][6] Group 3: Market Dynamics and Future Outlook - The global bond market is facing challenges, with rising yields despite many countries entering a rate-cutting cycle, leading investors to seek non-dollar assets like gold [6][7] - The structural narrative for investing in gold remains strong, with ongoing purchases by foreign exchange reserve managers and increasing holdings in global gold ETFs [8] - The potential for further inflows into gold is supported by concerns over the long-term credibility of the US dollar and the attractiveness of gold as a safe financial asset [8][10] Group 4: Foreign Investment in Chinese Assets - Foreign investment attitudes towards Chinese assets are shifting, with significant inflows into A-shares noted since August, marking a reversal from previous trends [10] - Data indicates that foreign investors have net increased their holdings in domestic stocks and funds by $10.1 billion in the first half of the year, with a notable increase in May and June [10]