Report Industry Investment Rating - Not provided in the content Core View - The uncertainty of Trump administration's tariff policy, continuous gold purchases by central banks of multiple countries, and geopolitical risks make precious metal prices likely to rise and difficult to fall. It is recommended that investors mainly lay out long positions on pullbacks. Pay attention to certain support and resistance levels for different gold and silver markets [1] Summary by Related Catalogs Gold and Silver Market Data - Shanghai Gold: Closing price, trading volume, open interest, inventory, and price spreads (near - far month, spot - futures) showed various changes from different time points. For example, the closing price on 2025 - 06 - 09 was 772.01 yuan/gram, with a change of - 7.55 compared to a previous period [1] - Shanghai Silver: Similar to Shanghai Gold, data on closing price, trading volume, open interest, inventory, and price spreads had different changes. For instance, the closing price on 2025 - 06 - 09 was 8839 yuan/kg [1] - COMEX Gold and Silver: Closing price, trading volume, open interest, inventory, and price spreads also had corresponding changes. The closing price of COMEX gold futures active contract on 2025 - 06 - 09 was 3331.00 [1] - London Gold and Silver: London gold spot price was 3339.90 dollars/ounce on 2025 - 06 - 09, and London silver spot price was 36.19 dollars/ounce [1] Important Information - Geopolitical: Iran said it would strike Israel's secret nuclear facilities if attacked by Israel; there was an escalation of unrest in Los Angeles, and Trump made related remarks [1] - Macroeconomic and Monetary Policy: Trump's tariff policy caused concerns about inflation rebound. US May non - farm payrolls were 18.9 million, average hourly earnings rate was 3.9%, delaying the Fed's expected rate - cut time to September/December. The European Central Bank cut interest rates by 25 basis points in June, the Bank of England cut rates in May, and the Japanese central bank may raise rates around July [1] Trading Strategy - Investors are advised to mainly lay out long positions on pullbacks. For London gold, pay attention to support around 3000 - 3200 and resistance around 3500 - 3700; for Shanghai gold, support around 730 - 750 and resistance around 840 - 900; for London silver, support around 31 - 34 and resistance around 38 - 40; for Shanghai silver, support around 8300 - 8500 and resistance around 9500 - 10000 [1]
贵金属日评：中国央行增持黄金推升最低价，美联储降息预期时点延至9/12月-20250610
Hong Yuan Qi Huo·2025-06-10 07:06