Core Viewpoint - International gold prices continue to rise, with spot gold surpassing $4,140, reflecting a weekly increase of over 3% [1] Group 1: Gold Price Movements - On November 11, spot gold surged by 2.85%, closing around $4,115, marking the highest closing price since October 23 [3] - COMEX gold futures rose by 2.76%, reaching $4,120.60 per ounce [3] - Domestic gold jewelry prices have increased, with Chow Sang Sang's price rising to ¥1,308 per gram from ¥1,276, an increase of ¥32 per gram [3] - Lao Feng Xiang's gold jewelry price increased to ¥1,310 per gram from ¥1,273, a rise of ¥37 per gram [3] Group 2: Central Bank Gold Reserves - As of the end of October, China's gold reserves reached 74.09 million ounces, an increase of 30,000 ounces from the end of September, marking the 12th consecutive month of gold accumulation [10] - The World Gold Council reported that global central banks accelerated gold purchases in Q3, with a net purchase of 220 tons, a 28% increase from Q2 and a 10% year-on-year increase [10] - In the first three quarters, global central banks' net gold purchases totaled 634 tons, significantly above the average levels prior to 2022 [10] Group 3: Market Sentiment and Future Outlook - Amid deteriorating U.S. fiscal conditions and rising global tensions, central banks are increasingly accumulating gold, enhancing its perception as a safe-haven asset [11] - Analysts suggest that gold prices may maintain high volatility in the short term, but the underlying support for mid-term price increases remains intact due to rising uncertainties and global "de-dollarization" trends [11] - Predictions indicate that gold may continue its upward trend next year, with structural and cyclical opportunities likely to resonate [11]
金价,爆了!华尔街大佬:黄金开始取代美债,成为无风险资产
Mei Ri Jing Ji Xin Wen·2025-11-11 04:12