Core Insights - The December 2025 gold futures price increased by $142.7, closing at $4344.3 per ounce, marking a rise of 3.40% [1] - Gold and silver prices reached historical highs due to stable safe-haven demand and technical buying [1] - The U.S. government shutdown and escalating tensions between China and the U.S., along with political instability in France, are contributing to increased safe-haven buying [1] Market Dynamics - The December gold futures opened higher in the Asian market, reaching a new historical high of $4392.0 per ounce, while December silver futures hit $53.765 per ounce [1] - The latest Federal Reserve "Beige Book" indicates minimal changes in U.S. economic activity, stable employment levels, but a slight decline in consumer spending and rising prices, reinforcing expectations of at least two more rate cuts in the coming months [1] - Analysts from JPMorgan Asset Management suggest favorable supply-demand dynamics indicate significant upside potential for the market [1] Technical Analysis - December gold futures bulls hold a strong overall technical advantage, with the next upward price target being a breakthrough of the solid resistance level at $4400 [2] - The next downward price target for bears is to break below the solid technical support level at $4000 [2] Silver Market - The December silver futures price rose by $2.052, closing at $53.430 per ounce, with a gain of 3.99% [3]
【环球财经】纽约金价再创新高 逼近每盎司4400美元
Xin Hua Cai Jing·2025-10-17 01:48