【黄金期货收评】贵金属长期驱动仍稳固 沪金微涨0.22%

Group 1: Gold Market Overview - On November 20, the closing price of Shanghai gold futures was 932.56 CNY per gram, with a daily increase of 0.22% and a trading volume of 223,736 lots [1] - The spot price of gold in Shanghai was quoted at 932.00 CNY per gram, indicating a discount of 0.56 CNY per gram compared to the futures price [1] Group 2: Economic Indicators - From mid-September to mid-October, the number of people continuing to claim unemployment benefits in the U.S. rose by nearly 40,000, suggesting weakened hiring intentions among businesses amid economic uncertainty [2] - The NAHB/Wells Fargo Housing Market Index for November showed that builder confidence remained low for the 19th consecutive month, with a slight increase of 1 point to 38 [2] Group 3: Institutional Insights - Gold and silver prices experienced a general increase, with COMEX gold futures rising by 0.29% to 4,078.30 USD per ounce and COMEX silver futures increasing by 1.08% to 51.07 USD per ounce [3] - The market faced selling pressure due to a general deleveraging, primarily caused by government shutdown concerns affecting the timely release of non-farm and inflation data, leading to a cautious stance from the Federal Reserve regarding interest rate cuts [3] - Long-term factors such as sovereign debt issues, geopolitical risks, and central bank gold purchases driven by de-dollarization remain unchanged, supporting the core drivers of gold and silver prices [3] - The expected trading range for COMEX gold is between 4,000 and 4,200 USD per ounce, while the Shanghai gold range is between 910 and 960 CNY per gram [3]