Group 1: Market Overview - Increased demand for safe-haven assets and rising inflation expectations in the U.S. have driven gold prices to new highs[1] - As of October 18, the Shanghai gold futures price rose by 3.36% to 619.06 CNY/g, while COMEX gold futures increased by 2.33% to 2736.40 USD/oz[2] - The international gold futures price surpassed 2730 USD/oz, reaching a peak of 2737.80 USD/oz during the week[1] Group 2: Economic Indicators - U.S. retail sales in September exceeded expectations, increasing by 0.4% month-on-month, supporting economic resilience and pushing inflation expectations higher[12] - The New York Fed's consumer survey indicated a rise in 3-year inflation expectations to 2.7% from 2.5% and 5-year expectations to 2.9% from 2.8%[12] - The U.S. dollar index rose by 0.52% to 103.46, influenced by increased support for Trump and geopolitical tensions[17] Group 3: Gold Market Dynamics - The gold T+D spot price increased by 3.21% to 616.17 CNY/g, while London gold spot prices rose by 2.39% to 2720.53 USD/oz[2] - The international gold basis (spot-futures) fell to -7.10 USD/oz, while the Shanghai gold basis decreased to -1.73 CNY/g[5] - Global gold ETF holdings rose by 10.65 tons to 888.63 tons, indicating increased investment interest[8]
黄金周报：避险需求升温、美国通胀预期回升，金价再创新高
Dong Fang Jin Cheng·2024-10-22 07:30