Core Viewpoint - Gold prices experienced fluctuations due to hawkish comments from Powell and a significant increase in new home sales data, leading to a decline in gold futures by 1.24% to $3768.5 per ounce [1] Economic Data - The U.S. Commerce Department reported that new home sales in August reached an annualized total of 800,000 units, significantly exceeding the expected 650,000 units, marking a month-over-month increase of 20.5%, the fastest growth since early 2022 [1] - The inventory of new homes for sale dropped to 490,000 units, the lowest level this year [1] Market Sentiment - Market concerns regarding the U.S. economy have diminished, contributing to the adjustment in gold prices [1] - Powell's remarks indicated that U.S. stock valuations are "quite high," reiterating the dual challenges of rising inflation and declining employment faced by the Federal Reserve [1] - The market is still processing Powell's hawkish statements, leading to a decline in U.S. Treasury prices and an increase in yields approaching a two-week high [1] Currency and Future Outlook - The U.S. dollar index rebounded to a near two-week high, which has exerted downward pressure on gold prices [1] - Upcoming economic indicators, including the final Q2 GDP and August PCE data, are critical; a downward adjustment in GDP could strengthen expectations for potential interest rate cuts in the future, possibly providing upward momentum for gold prices [1]
美新屋销售数据大涨,经济担忧减弱,金价高位承压回落
Mei Ri Jing Ji Xin Wen·2025-09-25 01:19