金荣中国：美政府停摆风险持续发酵，金价破位上行维持偏多表现

Market Overview - International gold prices rose again on September 26, closing at $3780.42 per ounce after reaching a high of $3783.74 [1] - The SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 8.87 tons, bringing the total to 1005.72 tons [8] Economic Indicators - The U.S. core PCE price index for August recorded a month-on-month increase of 0.2%, matching market expectations, while the year-on-year rate remained at 2.9% [3] - The University of Michigan's consumer confidence index for September fell to 55.1, below the expected 55.4, indicating a decline in consumer sentiment due to concerns over high prices and the job market [4] Federal Reserve Insights - Federal Reserve Governor Bowman indicated that the neutral interest rate is expected to be in the range of 3%-4% and favors a gradual approach to rate adjustments [4] - The probability of the Federal Reserve maintaining interest rates in October is 10.7%, while the probability of a 25 basis point cut is 89.3% [8] Geopolitical Developments - Reports suggest that former President Trump is open to relaxing restrictions on Ukraine's use of U.S. long-range weapons against targets in Russia, although no specific commitments were made [6] - Hamas has not received new proposals from mediators regarding negotiations with Israel, following a recent assassination incident [7]