Group 1 - Gold prices experienced significant fluctuations due to the depreciation of the US dollar and escalating geopolitical conflicts, reaching a peak of $5,626 on January 28 before a slight pullback [1] - On January 30, the nomination of "hawkish" Kevin Warsh as the Federal Reserve Chairman led to massive volatility in the gold market, with futures experiencing a maximum daily drop of over 14%, hitting a low of $4,700 per ounce and closing down 8.35% [1] - As of the close, COMEX gold futures reported $4,907.5 per ounce, with a weekly decline of 2.12%, while the gold ETF Huaxia (518850) rose by 4.33% and the gold stock ETF (159562) increased by 7.23% [1] Group 2 - The recent correction in the precious metals market is viewed as more of a technical adjustment rather than a fundamental shift in underlying logic [2] - According to Michael Hartnett, Chief Investment Strategist at Bank of America, the macroeconomic rationale driving the rise of gold and physical assets remains strong, and unless a more destructive event occurs, the current bullish trend driven by currency depreciation is unlikely to end easily [2]
鹰派美联储候选人公布,金价由暴涨到暴跌,美银:行情或难终结
Mei Ri Jing Ji Xin Wen·2026-02-02 01:22