Mhmarkets迈汇:避险情绪与通胀降温驱动金价回升

Group 1 - International gold prices showed a strong rebound on February 16, following a significant sell-off the previous trading day, driven by renewed geopolitical tensions and the release of the latest U.S. inflation data, which reignited market risk aversion [1][3] - April gold futures rose to approximately $5054.15 per ounce, with the hedge properties of gold in extreme uncertainty environments being a key driver for its price recovery [1][3] - Silver rebounded by 3.3% to $77.73 per ounce after a previous single-day drop of 10%, while platinum also surpassed the $2000 mark, reaching $2081.95 per ounce [1][3] Group 2 - The U.S. Consumer Price Index (CPI) for January increased by 2.4% year-on-year, a slowdown from December's 2.7% and below the market expectation of 2.5%. Core CPI rose by 2.5% year-on-year and 0.3% month-on-month, aligning with market expectations [2][4] - Despite the moderate decline in inflation data, it has not fundamentally altered the Federal Reserve's current policy narrative, as the resilience of the labor market adds uncertainty to the Fed's interest rate path [2][4] - The precious metals market has entered a phase of intense bullish and bearish competition since late January, with gold expected to record weekly gains, while silver may face its third consecutive week of decline [2][4]