Group 1 - The current total holdings of the SPDR Gold Trust, the world's largest gold ETF, stand at 977.95 tons, reflecting a decrease of 2.01 tons from the previous trading day [6] - On September 11, spot gold prices experienced a mild decline, reaching a high of around $3,650 per ounce before dropping to a low of approximately $3,610, and closing at $3,633.81, down $6.69 or 0.18% [6] - The decline in gold prices was influenced by a significant rise in U.S. stocks, particularly Oracle's 40% surge, which boosted risk sentiment and suppressed demand for safe-haven gold [6] Group 2 - The U.S. Labor Department reported that the Consumer Price Index (CPI) rose by 2.9% year-on-year in August, the highest since January, and increased by 0.3% month-on-month, also a peak for the year [6] - Initial jobless claims rose to 263,000, the highest level in nearly four years, adding evidence of a deteriorating labor market ahead of the upcoming Federal Reserve policy meeting [6] - Analysts suggest that the data reinforces the view that the trade war has had a limited impact on inflation while raising concerns about a rapidly weakening labor market, paving the way for a potential 25 basis point rate cut next week [7] Group 3 - The overall inflation data met expectations, and the weak employment data was somewhat influenced by holiday factors, not altering the Fed's anticipated rate cut next week [7] - Technical analysis indicates that gold prices are significantly above their moving averages, with indicators showing a mild downward correction but remaining in extreme overbought territory [7] - Short-term support for gold prices is expected at the $3,600 level, with potential tests of $3,578 and $3,550 if that level is breached, while resistance is seen at $3,650 and historical highs of $3,674 and $3,700 [7]
黄金ETF持仓量报告解读（2025-9-12）就业数据疲软 金价冲高回落
Sou Hu Cai Jing·2025-09-12 05:41