Report Title - The report is titled "Caida Futures | Precious Metals Weekly Report 2025-07-14" [1] Report Industry Investment Rating - No information provided Core Viewpoints - Last week, gold and silver prices oscillated higher, with gold reaching 778 yuan per gram and silver hitting 9,232 yuan per kilogram, a record high [3] - The June Fed monetary policy minutes showed internal disagreements on inflation and rate cuts, and it's unclear when a rate cut will occur [4] - A Trump administration official hinted that Fed Chair Powell might "consider resigning." If he leaves and a more Trump - compliant chair takes over, there could be aggressive rate cuts, stimulating Bitcoin and gold prices [6][7] - On July 12, Trump threatened to impose 30% tariffs on EU and Mexican imports starting August 1. This will increase US inflation and make rate - cut conditions less favorable, but it will support gold prices, which will maintain an oscillating upward trend [9] - Silver has a stronger upward momentum, hitting a new high due to its strong industrial attributes and increasing demand from the photovoltaic, mobile phone, and new - energy vehicle industries. In the short term, silver price growth may outpace gold [9] Summary by Related Content Fed Policy - The June Fed monetary policy minutes reflected differences among officials on the impact of US tariff policies on inflation, leading to disagreements on the rate outlook [4] - Fed Governor Christopher Waller thought a rate cut might be considered later this month as tariff - induced inflation is temporary, but more officials want more data and time to assess the impact of tariffs on inflation [4] Powell's Potential Resignation - A Trump administration official suggested Powell might "consider resigning" due to the pressure of the Fed headquarters renovation project. If he leaves, a more Trump - friendly chair could lead to aggressive rate cuts, benefiting Bitcoin and gold [6][7] Trump's Tariff Threat - On July 12, Trump threatened to impose 30% tariffs on EU and Mexican imports starting August 1. The EU said it would retaliate if necessary [9] - Trump's tariff policy will increase US living costs and inflation, and his demand for rate cuts while waging a tariff war creates a contradiction [9] - The uncertainty of the tariff war and the increasing expectation of a Fed rate cut will support gold prices, which will oscillate upward. Silver has a stronger upward trend [9] Gold and Silver Market - Gold prices showed a rebound after a dip, with moving averages forming a golden cross again. The long - term upward channel provided support, and the price will maintain an oscillating upward trend [9] - Silver hit a new high due to strong industrial demand. The gold - silver ratio has decreased from 1:94 at the end of May to 1:84, and in the short term, silver price growth may be higher than that of gold [9]
贵金属周报：重回升势，银价腾飞-20250714
Cai Da Qi Huo·2025-07-14 05:30