金银反弹受黄金带动 美联储决议后市场静待新指引

Core Viewpoint - The recent rise in silver prices is primarily driven by the rebound in gold prices, rather than fundamental factors specific to silver [1][2] Group 1: Market Dynamics - Spot gold rebounded nearly 2% after hitting a three-week low of $3886.46, driven by bargain buying, short covering, and expectations of central banks re-entering the market [1][2] - Traders increased long positions in gold as prices significantly corrected, pushing gold towards the critical $4000 mark [1][2] - Silver prices rose above $48.00 per ounce, with platinum demand also increasing by 1%, indicating a general uptick in the precious metals sector [1] Group 2: Federal Reserve Impact - Traders are adjusting positions ahead of the Federal Reserve's interest rate decision, with a 25 basis point rate cut largely priced in [2] - The market's direction will be influenced by Fed Chair Powell's press conference, particularly if he hints at reducing the scale of quantitative tightening (QT) or adopts a more dovish tone [2] - Both Bank of America and Deutsche Bank suggest that the Fed may end QT this month, which would bolster demand for non-yielding assets like gold and silver [2] Group 3: Technical Analysis - For spot gold, the recent 25 basis point rate cut did not lead to a significant price increase, indicating that many long positions were liquidated [3] - The current outlook for gold remains bearish unless it breaks above the mid-band resistance level [3] - Spot silver has potential upward movement towards the resistance level of $51.07, with a subsequent target of $54.49 if this level is breached [4]