IC外汇平台:美国就业数据意外回暖,美元走强施压金价
Sou Hu Cai Jing·2025-11-06 03:48

Core Viewpoint - Gold prices are currently trading around $3970 per ounce, influenced by recent U.S. employment data and the Federal Reserve's policy direction [1] Group 1: Employment Data Impact - The U.S. private sector added 42,000 jobs, exceeding market expectations and reversing a decline from the previous two months, signaling stabilization in the labor market [1] - This positive employment data has put pressure on interest rate cut expectations, contributing to a stronger U.S. dollar [1] Group 2: Market Dynamics - A stronger dollar has increased the cost of gold for holders of other currencies, suppressing global demand [1] - Gold, which does not yield interest, faces higher holding costs in an environment of a strong dollar or high interest rate expectations, making its price vulnerable [1] Group 3: Federal Reserve Policy Uncertainty - The uncertainty surrounding the Federal Reserve's future policy has heightened market volatility, with recent comments from Chairman Powell indicating that future decisions will be data-dependent [1] - This has led to mixed market sentiment regarding potential rate cuts in December [1] Group 4: Government Shutdown and Safe-Haven Demand - The ongoing U.S. government shutdown, which has reached a historical record duration, is a significant source of market risk aversion [1] - The uncertainty surrounding the shutdown and economic risks may provide important support for gold prices as demand for safe-haven assets increases [1] Group 5: Technical Analysis - Technically, gold prices have faced resistance near the $4000 mark and are currently in a range between $3950 and $3970 [3] - If gold prices fall below the $3950 support level, they may further decline to $3920; conversely, a rebound above $4000 could signal a potential upward trend [3]