国际黄金亚盘震荡偏强 机构看涨预期升温

Core Viewpoint - The global gold market is experiencing increased bullish sentiment, with institutions adjusting their price forecasts significantly upward due to geopolitical uncertainties and inflation concerns [2]. Group 1: Gold Price Trends - As of October 31, international gold is trading around $4017.70 per ounce, with a slight decline of 0.17% from a peak of $4044.48 [1]. - Wells Fargo Investment Institute has raised its gold price target for the end of 2026 to a range of $4500-$4700, up from the previous $3900-$4100 range [2]. - The current market shows a strong demand for gold from both central banks and private investors, driven by concerns over inflation and currency devaluation [2]. Group 2: Market Dynamics - The U.S. dollar index rose by 0.38% to close at 99.51, reaching a high of 99.72, the highest level since August 1 [3]. - Typically, a stronger dollar exerts downward pressure on gold prices; however, strong safe-haven buying has mitigated this effect, indicating heightened market sensitivity to uncertainty [3]. - Recent technical analysis suggests that gold prices may rebound after reaching support near the 10-week moving average, with potential entry points identified near the middle band of the Bollinger Bands if further declines occur [4].