Group 1 - The gold futures market experienced a significant decline due to concerns over the hawkish policy stance of the newly nominated Federal Reserve Chairman Kevin Walsh, leading to a strong rise in the US dollar and a sell-off in gold and silver [1][2] - The main gold futures contract in Shanghai reported a price of 1008.60 yuan per gram, reflecting a drop of 15.73%, with a trading range between 1005.40 yuan and 1154.78 yuan [1] - The market is currently characterized by high volatility driven by policy uncertainty, with future movements expected to be sensitive to the new chairman's statements during confirmation hearings and upcoming inflation data [2] Group 2 - The market's fears of aggressive tightening policies have led to a rapid decline in interest rate cut expectations, which has negatively impacted the attractiveness of non-yielding assets like gold [2] - A significant technical sell-off was triggered when gold prices fell below key psychological levels, exacerbating the downward trend [2] - Geopolitical risks and long-term allocation demand may provide temporary support for precious metals, but the market is expected to remain in a fragile state until a clearer policy path emerges [2]
大有期货：政策“鹰”影下 黄金进入高波动寻底期
Jin Tou Wang·2026-02-02 09:32