Core Viewpoint - International gold prices have rebounded strongly, reaching the bullish target of $4200 set in July, with potential for further upward movement despite encountering resistance [1][3]. Price Movement - Gold opened at $4142.72 per ounce, recorded a low of $4140.55, and then rebounded to a high of $4218.14 during the European session, eventually closing at $4207.93, marking a daily increase of $65.21 or 1.57% [3]. - The daily trading range was $77.59, indicating significant volatility in the market [3]. Influencing Factors - The rise in gold prices is driven by expectations of interest rate cuts from the Federal Reserve and heightened geopolitical tensions, including actions authorized by Trump in Venezuela and threats against Hamas, which have increased safe-haven demand for gold [3]. Market Outlook - As of October 16, the bullish momentum in gold has slightly diminished due to profit-taking and the achievement of the $4200 target, but the absence of negative market events suggests that any pullback may be limited, favoring a low-buy strategy [3].
金价多头动力不减、留意4300附近阶段性触顶风险
Sou Hu Cai Jing·2025-10-16 06:01