首破3600美元，现货黄金再创纪录！

Group 1 - The latest US non-farm employment data significantly underperformed expectations, leading the market to almost confirm that the Federal Reserve will initiate interest rate cuts in September [2][3] - Spot gold prices surged past $3600 per ounce, reaching a historical record and recording the largest weekly gain since mid-June, driven by expectations of monetary easing and safe-haven demand [2][3] - Analysts suggest that the weak labor market will likely overshadow inflation concerns, resulting in a bullish outlook for gold prices in the short to medium term, although a significant market misalignment is needed for gold to approach $4000 [2][3] Group 2 - The probability of maintaining interest rates in September has dropped to 0%, with an 88.3% chance of a 25 basis point cut and an 11.7% chance of a 50 basis point cut [3] - Lower borrowing costs are expected to diminish the attractiveness of dollar-denominated assets, enhancing the appeal of gold as a non-yielding asset [3] - Gold prices have outperformed most commodities this year, having risen over 37% year-to-date, reflecting its unique allure amid monetary policy easing and macroeconomic uncertainties [3] Group 3 - Goldman Sachs predicts that if the independence of the Federal Reserve is compromised, it could lead to rising inflation, increasing long-term interest rates, declining stock prices, and a weakened status of the dollar as a reserve currency [4] - The bank forecasts gold prices to reach $3700 by the end of 2025 and $4000 by mid-2026, assuming strong demand from central banks continues [4] - In extreme scenarios, if just 1% of the funds from the US Treasury market were to flow into gold, prices could approach $5000 per ounce [4]