Core Viewpoint - The gold futures market experienced a significant increase in prices, driven by expectations of a potential interest rate cut by the Federal Reserve in December, following dovish comments from Fed Governor Waller [1][2]. Group 1: Gold Market Dynamics - On November 24, 2023, the February 2026 gold futures price rose by $71.0, closing at $4,170.2 per ounce, marking a 1.73% increase [1]. - The market's initial calm was disrupted by Waller's comments, which bolstered confidence in a December rate cut by the Federal Reserve [1]. - The probability of a 25 basis point rate cut in December increased to 81%, up from 69.4% the previous day, according to CME FedWatch data [1]. Group 2: Silver Market Performance - The March 2026 silver futures price increased by $1.50, closing at $51.825 per ounce, reflecting a 2.98% rise [2]. - Analysts noted that the demand for gold-backed exchange-traded products (ETPs) was unprecedented in October, contributing to the surge in gold prices [2]. - Despite a slowdown in ETP inflows, the physical gold market has not shown expected levels of weakness, indicating strong investment demand and significant future potential [2].
美联储12月降息预期升温 纽约金价24日强势反弹超1%
Zhong Guo Jin Rong Xin Xi Wang·2025-11-25 02:42