黄金反弹收复失地 警惕政策抑上行

Group 1 - The core viewpoint of the article highlights the rebound of spot gold prices, which rose over 2% to $5053.10 per ounce during Asian trading, recovering from last week's significant sell-off, with market focus on U.S. economic data and changes in risk aversion [1][1] Group 2 - Geopolitical tensions are identified as a key support for gold prices, with the U.S. military shooting down an Iranian drone near the aircraft carrier Abraham Lincoln, and reports of Trump considering military action against Iran, escalating tensions in the Middle East [1][1] - Iran's request to limit discussions with Turkey to nuclear issues and to move talks to Oman adds uncertainty, further increasing risk aversion in the market [1][1] Group 3 - The nomination of hawkish Kevin Walsh as Federal Reserve Chairman is seen as limiting the upside potential for gold prices, leading to a reduction in interest rate cut expectations, with the probability of a rate cut in June dropping to 66% according to CME data [1][1] - Short-term gold prices are expected to remain influenced by a combination of geopolitical risks and monetary policy expectations, resulting in continued volatility [1][1]