【黄金期货收评】中美关税再现波澜黄金震荡偏多 沪金涨1.48%

Core Viewpoint - The recent U.S. export control measures against Chinese companies have heightened market volatility and increased risk aversion, leading to a potential rise in gold prices as a safe-haven asset [1][2]. Group 1: Market Data - On September 30, the closing price of Shanghai gold futures was 874.40 yuan per gram, reflecting a daily increase of 1.48% with a trading volume of 226,548 lots and an open interest of 256,876 lots [1]. - The spot price of gold in Shanghai on the same day was quoted at 872.95 yuan per gram, indicating a discount of 1.45 yuan per gram compared to the futures price [1]. Group 2: Regulatory Impact - The U.S. Department of Commerce has implemented new export control rules that affect subsidiaries of companies listed on the U.S. "Entity List" if they hold more than 50% ownership, which has been criticized by China as a severe infringement on legitimate business rights [1][2]. - China has expressed strong opposition to these measures, stating that they undermine international trade order and disrupt global supply chains, and has vowed to take necessary actions to protect its companies [1][2]. Group 3: Market Sentiment and Recommendations - The renewed tensions in U.S.-China trade relations, coupled with expectations of interest rate cuts by the Federal Reserve and a declining U.S. dollar index, are expected to support gold prices in the short term [2]. - It is suggested that investors consider reducing positions ahead of the holiday period to manage risks associated with potential market fluctuations [2].