光大期货0107黄金点评：贵金属集体拉升，黄金再回4500美元/盎司

Core Viewpoint - The gold market is experiencing upward momentum driven by geopolitical events and the Federal Reserve's interest rate decisions, with a focus on upcoming U.S. non-farm payroll data [2][6]. Market Performance - London spot gold has shown volatility, with COMEX February gold futures rising by 1% and surpassing the $4500 per ounce mark during trading [2][6]. - SHFE gold also increased by 0.81%, indicating a broader rally in precious and non-ferrous metals [2][6]. Federal Reserve Insights - There is significant internal disagreement within the Federal Reserve regarding the interest rate path, with Richmond Fed President Barkin stating that rates have reached a neutral level, while Governor Mester suggests data supports further rate cuts, potentially exceeding 100 basis points this year [2][6]. Geopolitical Factors - Following U.S.-Iran tensions, the U.S. government is reportedly discussing options to acquire Greenland, including military considerations, which adds to the geopolitical uncertainty influencing market dynamics [2][6]. Future Outlook - The Federal Reserve's decision on interest rates in January remains uncertain, with geopolitical issues expected to be a major focus in the first month of the year, likely sustaining a strong upward trend in gold prices [2][6].