12月11日金市晚评：降息落地难改冲高回落 金价4247-4204大扫荡

Core Viewpoint - The Federal Reserve has officially announced a 25 basis point rate cut to a range of 3.50%-3.75%, marking the third consecutive cut this year, with a total reduction of 75 basis points, which was anticipated by the market [2][3] Group 1: Federal Reserve Actions - The Federal Reserve's decision to cut rates was supported by 9 votes, with 3 dissenting votes, the highest number of dissenters since 2019, indicating a divergence of opinions within the committee [2] - The Fed removed the phrase "low unemployment rate" from its policy statement, reflecting the current reality of slowing job growth and rising unemployment [3] - The Fed plans to purchase $40 billion in Treasury securities over the next 30 days to ensure market liquidity, signaling a focus on stabilizing rates rather than initiating new quantitative easing [3] Group 2: Market Reactions - Following the Fed's announcement, U.S. stock indices rose, the dollar index fell below 99, and silver reached a historical high, indicating a positive market response [3] - Despite the initial surge in gold prices post-rate cut, the market has shown a tendency for "highs followed by declines," suggesting a lack of strong momentum for a sustained upward trend [5][6] Group 3: Gold Price Analysis - Gold prices reached a high of $4247.50 per ounce but faced resistance, with the $4240-$4265 range acting as a strong barrier to further gains [5] - The current market dynamics indicate that gold prices are likely to continue fluctuating, with key support levels at $4207 and $4190, which are critical for potential rebounds [6]