Price Trends - As of July 26, 2024, Shanghai gold price closed at 555.50 CNY per gram, with a weekly decline of 1.14%[1] - COMEX gold closed at 2,386.70 USD per ounce, down 0.51% for the week[1] - London spot gold was priced at 2,386.10 USD per ounce, reflecting a weekly drop of 0.72%[1] Investment Outlook - Long-term investment opportunities in gold remain favorable due to potential shifts in Federal Reserve monetary policy, with expectations of a downward trend in long-term U.S. Treasury yields[2] - Global political and economic risks are increasing, enhancing gold's appeal as a safe-haven asset[2] - Uncertainties in the global economy and geopolitical landscape are likely to support gold prices through heightened risk aversion[2] ETF Holdings - As of July 26, 2024, SPDR Gold ETF holdings increased by 3.16 tons to approximately 843.17 tons[8] - iShares Gold ETF holdings rose by 1.41 tons, totaling around 381.45 tons[8] Market Sentiment - The S&P 500 volatility index (VIX) recorded 16.39 points, a decrease of 0.13 points from the previous week, indicating reduced market panic[11] - As of July 26, 2024, the market's expectation for a July interest rate cut stands at 6.20%, with a 93.80% probability of maintaining current rates[30]
黄金周度观察：2024年第31周
Mai Gao Zheng Quan·2024-07-31 02:30