美联储今晚 “拍板”，该抄底还是逃顶？黄金ETF基金(159937)开盘涨近1%

Core Insights - The gold ETF fund (159937) has seen a recent increase of 0.91%, with a latest price of 8.66 yuan, and a cumulative rise of 5.36% over the past month [2] - The liquidity of the gold ETF fund is strong, with an intraday turnover of 0.74% and a transaction volume of 278 million yuan, averaging 2.376 billion yuan daily over the past month, ranking in the top three among comparable funds [2] - Predictions from the London Bullion Market Association (LBMA) suggest that gold prices could rise to $4,980 per ounce within the next 12 months, driven by geopolitical tensions and uncertainties regarding U.S. tariffs [2] - The current dynamics in the gold market reflect a tug-of-war between expectations of policy easing and rising risk appetite, with the upcoming Federal Reserve monetary policy decision being a critical factor [2] Market Outlook - The market is closely watching the upcoming Federal Reserve meeting, where a rate cut is expected, but the focus will be on whether the Fed will signal further cuts [3] - If the Fed adopts a dovish stance, the dollar may weaken, potentially leading to a rebound in gold and bonds, which could establish a short-term price floor for gold [3] - The recent price correction in gold is viewed as a healthy technical adjustment rather than a trend reversal, with long-term macroeconomic factors supporting a continued upward trajectory for gold prices [3] - The gold ETF fund has experienced a net outflow of 330 million yuan recently, but over the past ten trading days, there have been net inflows on seven occasions, totaling 4.211 billion yuan on average per day [3]