贵金属中长期看多逻辑未变

Core Viewpoint - The Federal Reserve's recent interest rate cut of 25 basis points has led to increased market expectations for further rate cuts due to evident signs of economic slowdown in the U.S. [1] Economic Indicators - A series of data indicates a clear slowdown in the U.S. economy, prompting market speculation about additional rate cuts by the Federal Reserve [1] - The potential resolution of the U.S. government "shutdown" crisis is expected to improve overseas liquidity [1] Gold Market Dynamics - Strong physical demand for gold persists, with central banks continuing to purchase gold, providing long-term support for gold prices [1] - Short-term gold and silver prices may continue to rebound, influenced by upcoming economic data releases [1] Monetary Policy Outlook - The U.S. monetary policy remains in a loose cycle, which may exacerbate stagflation risks [1] - The expansion of U.S. government debt could negatively impact the global dollar credit system, maintaining the long-term investment value in precious metals [1]