Core Viewpoint - The recent hawkish statements from Federal Reserve officials have significantly impacted gold prices, leading to a sharp decline after a period of optimism and high trading volumes [1][3][4] Group 1: Market Reactions - Gold prices opened at around $4083, facing pressure after a significant drop of nearly 2% last Friday, closing at approximately $4085 per ounce [1] - The price of gold had previously surged to a high of $4245, but the market sentiment shifted dramatically due to the Fed's hawkish stance [1][3] - The probability of a rate cut in December plummeted from over 60% to below 46% following the hawkish comments from Fed officials [4] Group 2: Federal Reserve's Influence - Kansas City Fed President Esther George expressed concerns about "overheating" inflation, indicating that the Fed cannot afford to be complacent about inflation expectations [3][4] - Dallas Fed President Lorie Logan reiterated that inflation remains high and is on an upward trend, suggesting that unless compelling evidence of slowing inflation emerges, she would not support further rate cuts [4] - The Fed's shift in tone is linked to the recent government shutdown, which has created a data vacuum, complicating the Fed's decision-making process [5] Group 3: Economic Data and Uncertainty - The government shutdown has resulted in significant delays in key economic data releases, including employment and inflation reports, which are crucial for the Fed's policy decisions [5] - The lack of reliable data before the next Fed meeting may lead to a more cautious approach from policymakers, potentially impacting gold's attractiveness as a non-yielding asset [5][6] - Upcoming economic data releases, including the non-farm payroll report and other indicators, will be critical in shaping market expectations and gold prices [6]
金荣中国:现货黄金表现清淡承,目前暂交投于4083美元附近
Sou Hu Cai Jing·2025-11-17 06:32