Group 1 - Spot gold (XAU/USD) rose slightly to around $4120, continuing its recent strength due to expectations of a 25 basis point rate cut by the Federal Reserve in December, with over 60% probability [1] - The CME FedWatch tool indicates nearly 80% chance of another rate cut by January, which has reduced the opportunity cost of holding gold, keeping prices stable at high levels [1] - Uncertainty from the U.S. government shutdown continues to support safe-haven buying, despite a temporary funding bill passed by the Senate and expected approval in the House [1] Group 2 - The latest UK employment report shows a three-month unemployment rate rising to about 5.0%, a recent high, with slowing wage growth, reinforcing expectations of a dovish shift from the Bank of England in December [1] - The removal of the term "cautious" from the Bank of England's statement has further weakened confidence in the British pound, which fell to around 1.3130 against the dollar [1] - The current market logic is driven by intertwined policy expectations and political developments, with short-term volatility likely to remain elevated [2]
【UNforex财经事件】美联储宽松预期支撑金价 美元受政策进展推动 英镑陷调整
Sou Hu Cai Jing·2025-11-11 10:41