Group 1 - The Federal Reserve has decisively lowered interest rates by 25 basis points and indicated a gradual approach to further reductions for the remainder of the year [2] - Fed Chairman Jerome Powell emphasized a "meeting-by-meeting, flexible decision-making" principle regarding future interest rate directions [2] - The recent rate cut is the first of the year, following three cuts in 2024, and is seen as a risk management measure, leading to profit-taking behavior in the market [2] Group 2 - The current low interest rate environment enhances the investment value of gold, as it significantly reduces the opportunity cost of holding non-yielding assets like gold [2] - Gold prices have increased by 39% this year, reflecting its traditional role as a safe-haven asset [2] - Deutsche Bank has raised its gold price forecast for next year from $3,700 to $4,000 per ounce based on market trends [2] Group 3 - Following the interest rate cut, gold prices rebounded from a low of $3,650 to the $3,707 range, indicating potential for rapid increases due to remaining rate cut space [3] - The trading range of $3,650 to $3,707 is identified as a critical battleground for the latter half of the week, with a breakthrough potentially leading to further gains [3] - Technical indicators suggest that if gold fails to maintain above the $3,685 resistance level, short positions may be considered, with key support at $3,610 [3]
美联储启动降息 金价短期回调难改牛市基调
Jin Tou Wang·2025-09-18 02:45