Group 1 - Gold prices showed strength, reaching a peak of $4155 before retreating to $4102, and closing at $4133.2 per ounce, up 0.27% [1] - The China Gold ETF (518850) increased by 1.40%, while the Gold Stock ETF (159562) decreased by 0.65% [1] - The ADP Research Institute reported a significant decline in U.S. private sector payrolls, with an average weekly reduction of 11,250 jobs over the four weeks ending October 25, totaling a loss of 45,000 jobs for the month, the largest drop since March 2023 [1] Group 2 - Weak employment data has strengthened expectations for interest rate cuts, suggesting a shift in the Federal Reserve's monetary policy from "cautious observation" to "conditional easing" if labor market weakness persists [1] - The combination of interest rate cut expectations and risk aversion is likely to continue benefiting gold in the coming weeks [1]
黄金早参 | 小非农数据疲软，强化降息预期，金价延续强势
Sou Hu Cai Jing·2025-11-12 01:12