光大期货1229黄金点评：金银继续刷新高点，本周关注地缘事件进展

Core Viewpoint - The gold market is experiencing heightened trading sentiment, with London spot gold prices rising and surpassing $4500 per ounce, marking a weekly increase of 4.41% [2][4]. Group 1: Market Performance - Last week, gold, silver, copper, and platinum all reached new highs, with gold rising over 1%, silver soaring by 10% to $79, platinum increasing by 8%, and COMEX copper futures up by 5.01% [2][4]. - The market sentiment is described as overheated in the short term, influenced by potential developments in the Russia-Ukraine situation, leading to a cautiously optimistic outlook for gold [2][4]. Group 2: Economic Data - Recent economic data indicates resilience in the U.S. economy, with Q3 real GDP growing significantly by 4.3%, the fastest rate in two years, driven by strong household consumption [2][4]. - The labor market shows instability, as initial jobless claims for the week ending December 20 fell to 214,000, below the expected and previous figures of 224,000 [2][4]. Group 3: Federal Reserve Policy - The Federal Reserve faces a dilemma; maintaining a loose monetary policy could lead to unexpected inflation expectations, while a return to a hawkish stance may negatively impact the economy and financial markets [2][4]. - Regardless of the Fed's policy direction, both scenarios are expected to have potential bullish effects on gold, reinforcing its status as an important asset allocation option [2][4].