非农前多头获利了结，黄金盘中下破3520美元关口

Group 1 - The expectation of the Federal Reserve restarting interest rate cuts has driven gold and silver prices to record highs, with upcoming U.S. employment data seen as a key factor influencing the interest rate path [1] - Wall Street anticipates a weak employment report, predicting a modest increase of 75,000 non-farm jobs in August and an unemployment rate rising to a nearly four-year high of 4.3% [1] - The number of job openings in the U.S. unexpectedly fell to 7.18 million in July, the lowest level in 10 months, indicating a potential deterioration in the labor market [1] Group 2 - St. Louis Fed President Bullard emphasized that focusing primarily on inflation targets amid rising employment risks may not adequately support a healthy labor market [2] - Even stronger-than-expected employment data may not prevent the Fed from cutting rates this month, with economists estimating a 90% chance of a rate cut [2] Group 3 - A significant increase in employment numbers may not raise excessive concerns but could prompt questions about the pace of the Fed's rate cuts [3] - Analysts predict that if the Fed meets or exceeds expectations for rate cuts, it could lead to increased inflows into gold ETFs, pushing gold prices to approximately $3,675 per ounce by year-end, with potential to reach $4,000 by Q2 next year [3] Group 4 - On Thursday, spot gold experienced a pullback from historical highs, dropping below $3,520 per ounce before rebounding, while spot silver also fell below $41 per ounce [4]