美政府关门或持续到11月底 金价回跌整理

Core Viewpoint - The recent decline in spot gold prices is attributed to improved market risk appetite and easing global trade tensions, leading to reduced demand for safe-haven assets [1][3] Group 1: Gold Market Performance - As of October 27, spot gold is trading below $4083, currently at $4070.17 per ounce, down 0.99% from previous levels, with a high of $4108.19 and a low of $4053.29 [1] - Last week, COMEX gold futures fell by 0.45%, closing at $4126.90 per ounce [2] - The gold market experienced profit-taking after reaching historical highs, with a peak of $4382.3 before a significant pullback [4] Group 2: Economic and Political Factors - The U.S. government shutdown has led to significant disruptions in air traffic control, with over 5300 flights delayed on October 25 alone, exacerbating the situation due to staff shortages [2] - Economic forecasts indicate that if the government shutdown continues, the U.S. GDP could lose approximately $15 billion weekly [3] - The latest Consumer Price Index (CPI) data shows a 0.3% month-over-month increase in September, slightly below expectations, with an annual inflation rate of 3.0% [3] Group 3: Future Outlook - Analysts suggest that the recent drop in gold prices is primarily due to reduced safe-haven demand stemming from improved U.S.-China trade relations and geopolitical risk alleviation [3] - While short-term fluctuations in gold prices are expected, the long-term outlook remains positive due to the potential for a Federal Reserve easing cycle and lingering risks [3]