涨!涨!涨不停!金价录得连续第七周上涨 逼近历史高位
Zhi Tong Cai Jing·2025-10-03 23:41

Core Viewpoint - Gold prices have risen for the seventh consecutive week, driven by multiple factors including the U.S. government shutdown and uncertain Federal Reserve policies, with current spot gold prices reaching $3,886.71 per ounce, just $10 shy of the historical record set on Thursday [1][4]. Group 1: Gold Market Dynamics - Gold prices have increased by approximately 48% year-to-date, potentially marking the largest annual gain since 1979 [1]. - The U.S. government shutdown has delayed the non-farm payroll report, increasing market uncertainty and reliance on private data for economic direction [4]. - The market has fully priced in a 25 basis point rate cut by the Federal Reserve later this month, with expectations for another cut in December, which typically benefits non-yielding assets like gold [4]. Group 2: Supporting Factors for Gold Prices - The strong rise in gold prices is supported by ongoing purchases by global central banks and an increase in gold ETF holdings [4]. - The trend of the Federal Reserve returning to rate cuts further solidifies gold's appeal as a safe-haven and investment asset [4]. - Other precious metals have also seen gains, with silver rising by 2.1% to $47.97 per ounce, alongside increases in platinum and palladium [4]. Group 3: Market Indicators - Technical indicators suggest that gold prices have remained in an overbought territory for the past month, indicating potential short-term correction risks [4]. - The Bloomberg Dollar Spot Index fell by 0.1%, providing additional support for precious metal prices denominated in dollars [4].