美联储年内最后一次降息 如何影响明年金价？

Group 1 - The Federal Reserve announced a 25 basis point cut in the federal funds rate, bringing it to a target range of 3.5% to 3.75%, marking the third rate cut of the year [1] - Following the rate cut, precious metal prices surged, with spot gold reaching a high of $4247.68 per ounce, a maximum increase of 0.58%, and COMEX gold hitting $4277.7 per ounce, a maximum increase of 1.25% [1] - Silver prices also hit historical highs, with spot silver reaching $62.884 per ounce, a maximum increase of 1.74%, and COMEX silver reaching $63.25 per ounce, a maximum increase of 3.64% [1] Group 2 - The Federal Open Market Committee showed significant internal dissent, with 9 members voting in favor of the rate cut and 3 against, indicating increased uncertainty in future monetary policy [3] - The cautious stance of the Federal Reserve regarding future rate cuts may suppress gold prices in the short term, as market consensus on easing is difficult to form [4] - Despite the uncertainty, long-term support factors for gold remain intact, including central bank demand, currency credit substitution, and geopolitical tensions [4] Group 3 - Silver prices have shown a significant upward trend, with a year-to-date increase of over 110%, outpacing gold's increase of over 60% [5] - The strong performance of silver is attributed to its dual role as a safe-haven asset and an important industrial metal, with growing demand in sectors like electronics and renewable energy [6] - Structural supply issues, including low global silver inventories and stagnant mine production, continue to drive silver prices higher [6]