Core Viewpoint - The article discusses the contrasting trends in international and domestic gold prices, highlighting the confusion among investors regarding whether to buy at current prices or wait for a potential drop. It emphasizes the high valuation and volatility of gold prices, driven by various economic factors and market sentiments [3][4][5]. Group 1: Price Movements - On September 4, gold futures on the New York Commodity Exchange fell to a low of $3,573.7 per ounce, with a maximum intraday drop exceeding $40 [1]. - In contrast, the Shanghai Gold Exchange saw gold prices rise, with the benchmark price reaching a high of 811 RMB per gram, and gold bars priced at 814 RMB [1]. - Domestic gold investment bars were quoted at 849 RMB, while branded gold jewelry prices increased to 1,060 RMB, reflecting a slight rise from the previous day [1]. Group 2: Market Analysis - The current gold price is seen as having deviated from fundamental support, leading to ongoing technical correction pressures and subsequent sell-offs [3][4]. - The strengthening U.S. dollar is identified as a key factor suppressing gold prices, as a stronger dollar increases the cost of gold for holders of other currencies, thereby reducing demand [4]. - Analysts suggest that high gold prices may deter investor interest, creating a negative feedback loop where higher prices lead to weaker demand [4]. Group 3: Future Outlook - There is a divergence of opinions regarding future gold price movements, with some analysts believing that the underlying support for gold prices remains intact despite short-term correction risks [5][6]. - A critical price point is identified at $3,500 per ounce; a rebound at this level may signal the end of short-term adjustments, while a drop below could lead to deeper corrections [6][7]. - The upcoming Federal Reserve meeting on September 16-17 is anticipated to influence market expectations regarding potential interest rate cuts, which could impact gold prices [6].
面对黄金剧烈波动,进场“抄底”还是“接盘”?
Sou Hu Cai Jing·2025-09-05 08:07