黄力晨:美国通胀明显降温 降息预期支撑金价

Core Viewpoint - The expectation of further interest rate cuts by the Federal Reserve is supporting gold prices, driven by recent labor market data indicating a cooling trend and lower inflation figures from the CPI report [1][2][3][6]. Group 1: Federal Reserve and Economic Indicators - The Federal Reserve recently cut interest rates by 25 basis points, with the chairman indicating significant downside risks in the labor market, leading to speculation of two additional rate cuts next year [2][6]. - Recent non-farm payroll data shows a continued cooling in the U.S. labor market, which has slightly increased expectations for further rate cuts [1][6]. - The CPI data released on Thursday indicates a notable decrease in inflation, further reinforcing market expectations for Fed rate cuts [3][6]. Group 2: Gold Price Movements - Gold prices are currently supported by the expectation of rate cuts, maintaining an upward testing trend, although short-term profit-taking has led to some price resistance near historical highs [2][6]. - Key support levels for gold are identified at $4308 and $4280, while resistance levels are noted at $4342 and $4374 [3][7]. - The recent trading activity shows gold fluctuating between $4308 and $4342, with a current trading price around $4326, indicating a stabilization above the $4300 mark [1][5].