特朗普火上浇油，黄金却开始回调！

Group 1: Gold and Silver Market - Spot gold closed at $4626.41, up nearly 0.9%, with an intraday high of $4642.77, setting a new historical record [1] - Spot silver surged 7.2%, closing at $93.24, and reached a historical high of $93.48 [1] Group 2: U.S. Stock Market - U.S. stock indices fell for the second consecutive trading day, with the Dow down 0.09% at 49149.63 points, the Nasdaq down 1% at 23471.75 points, and the S&P 500 down 0.53% at 6926.6 points [2] Group 3: Inflation Data - The PPI unexpectedly rose, with November PPI year-on-year at 3%, above the expected 2.7%, and month-on-month at 0.2%, matching expectations [3] - Core PPI for November year-on-year was 3%, also above the expected 2.7%, while month-on-month core PPI was 0%, below the expected 0.2% [3] Group 4: Economic Outlook - The increase in PPI was primarily driven by the energy sector, with the final demand goods index rising 0.9%, marking the largest monthly increase since February 2024 [5] - The Federal Reserve's Beige Book indicated that 8 out of 12 Federal Reserve districts experienced slight to moderate economic growth, with a slightly optimistic outlook for future activity [8] Group 5: Tariff Policies - The U.S. government announced a 25% tariff on certain imported semiconductors and related products effective January 15 [9] - The Supreme Court has not yet ruled on the legality of the tariffs imposed by the Trump administration [10][11] Group 6: AI and Stock Market Projections - Analysts expect AI-driven growth to continue influencing the stock market positively, with a projected 12% increase in corporate earnings in 2026 [13] - Morgan Stanley set a target for the S&P 500 index at 7500 points by the end of 2026, with potential to exceed 8000 points if Fed policies are more accommodative than expected [13]