美国非农疲软与伊朗紧张局势推升避险需求，金银继续狂飙刷新历史新高

Core Viewpoint - The price of gold has reached a historic high due to multiple factors, including expectations of further interest rate cuts by the Federal Reserve and escalating geopolitical tensions in Iran [1][4]. Group 1: Market Reactions - On Monday morning, international gold prices surpassed $4,580 per ounce, with spot gold prices rising by 1.7% to $4,585.26 per ounce [1]. - Silver prices also hit a historical peak, increasing by 3.80% to $83.025 per ounce, continuing a strong upward trend of nearly 10% from the previous week [1]. Group 2: Economic Context - The U.S. non-farm payroll report indicated that the number of new jobs added last month was below market expectations, reinforcing the market's anticipation of continued interest rate cuts by the Federal Reserve to support the economy [1][4]. - The Federal Reserve has already implemented three consecutive interest rate cuts in the second half of last year, leading the market to price in at least two more cuts this year [4]. Group 3: Geopolitical Factors - The ongoing deadly protests in Iran have increased the appeal of precious metals as safe-haven assets, with potential risks associated with a change in the Iranian regime adding uncertainty to the geopolitical landscape and international oil markets [4]. - The combination of a rate-cutting cycle, heightened geopolitical tensions, and a decline in the credibility of the U.S. dollar has contributed to the strong rise in gold prices [4]. Group 4: Investment Sentiment - Several asset management firms have expressed a strong long-term investment outlook for gold, choosing to maintain their positions rather than rushing to take profits [4].