Core Viewpoint - The gold market has experienced a significant surge, with prices rising over 25% in just two months, surpassing the critical threshold of $4,300 per ounce [1]. Price Movements - Spot gold prices reached a peak of $4,381.49 per ounce, with a daily increase of over 3%, closing at $4,355.69 per ounce, up 2.46%. COMEX gold futures also showed strong performance, closing at $4,374.30 per ounce, with a daily increase of 3.82% [3]. - Last Friday, gold prices hit a historical high of $4,392 per ounce but fell back, ending with a 1.8% drop, marking the largest single-day decline since May. Meanwhile, the Shanghai Gold Exchange reported physical gold prices at 991.32 yuan per gram, up 1.81% [5]. Market Dynamics - The rise in gold prices is driven by multiple factors, including increasing expectations for a Federal Reserve interest rate cut, heightened demand for safe-haven assets, and uncertainties stemming from U.S.-China trade negotiations. Additionally, a 20-day government shutdown in the U.S. has delayed the release of key economic data, reducing market transparency and increasing investor caution, which further enhances gold's safe-haven appeal [5][6]. - Political developments in Japan and the Eurozone have also provided additional support for gold prices [6]. Future Outlook - Investors should closely monitor upcoming U.S. CPI data, progress in U.S.-China trade negotiations, and the Federal Reserve's upcoming meeting, as these key events will directly impact short-term gold price movements [6].
百利好丨一夜暴涨!金价再创新高!
Sou Hu Cai Jing·2025-10-21 07:18