Group 1 - The core viewpoint of the news highlights the optimistic signals from U.S. President Trump regarding trade negotiations with China, which alleviates market concerns about the upcoming trade ceasefire deadline [2] - The U.S. Treasury Secretary revealed that China will delay new rare earth export controls for a year and has committed to significant purchases of U.S. soybeans, reducing the risk of increased tariffs on Chinese goods [2] - Analysts remain optimistic about the long-term outlook for gold, with a survey indicating an increase in the average gold price forecast for 2025 from $3220 to $3400, and for 2026 to $4275, driven by geopolitical uncertainties and strong central bank demand [2][3] Group 2 - Despite recent adjustments in the gold market, global known gold ETF holdings decreased to 98.19 million ounces as of October 24, ending an eight-week inflow streak, but still remain near a three-year high with a year-to-date increase of 15.62% [3] - The current gold market is dominated by bearish sentiment, with technical indicators showing a clear downtrend, as prices have broken below key moving averages [4] - Key support levels for gold are identified between $3900 and $3890, with a potential drop to the psychological level of $3800 if these levels are breached [4]
贸易缓和提振市场情绪 伦敦金或迎弱势整理
Jin Tou Wang·2025-10-29 02:07