【周报】全球地缘政治风险凸显 国际金价震荡走高

Group 1: Market Overview and Trends - International gold prices opened at $4532.41 per ounce last week, peaked at $4550.52, and closed at $4332.51, marking a 4.41% decline, ending a three-week upward trend [2] - The decline in gold prices was influenced by margin increases and position limits imposed by the Shanghai Futures Exchange, Guangzhou Futures Exchange, and Chicago Mercantile Exchange [2] - The Federal Reserve's recent discussions highlighted tightening liquidity in the U.S. money market, with rising repo rates and increased use of standing repo facilities to maintain adequate reserve levels [3] Group 2: Labor Market and Inflation Insights - The Federal Reserve expressed concerns over reduced hiring due to economic uncertainty and insufficient labor supply, leading to a rise in unemployment rates [4] - Inflation pressures in the U.S. have decreased compared to early 2025, with tariffs identified as a key factor in rising core goods inflation [4] Group 3: Geopolitical Events Impacting Gold Prices - The U.S. airstrike on Venezuela and the arrest of President Maduro are expected to drive gold prices higher due to increased safe-haven buying and concerns over strategic metal supply disruptions [5] - Historical patterns suggest that gold prices may experience volatility following military actions, but the current geopolitical landscape may reinforce gold's status as a risk-free asset [5]