贵金属日报-20251210

1. Report Industry Investment Rating - Gold: ☆☆☆, indicating a clearer long - term trend and relatively appropriate investment opportunities currently [1] - Silver: ☆☆☆, indicating a clearer long - term trend and relatively appropriate investment opportunities currently [1] 2. Core View of the Report - Overnight, the number of job openings in the US in October increased to 7.67 million, higher than the market expectation of 7.15 million, reaching the highest level in five months, and employment data continued to be mixed [1] - Silver hit a new all - time high, reflecting the resonance of financial attributes and tight spot supply. The gold - silver ratio continued to decline. Before gold breaks through the previous high resistance, it is not advisable to chase the rise of precious metals as a whole [1] - The market is focused on the Fed meeting early tomorrow morning. The implied probability of a rate cut in interest rate futures remains above 80%. Attention should be paid to Powell's statement [1] 3. Other Key Information - Trump may lower tariffs on some over - priced goods and said that an immediate rate cut is the "touchstone" for selecting a new Fed chairman [2] - Trump launched the final round of interviews for the Fed chairman this week, with Hassett leading. Officials also proposed the possibility of Hassett shortening his term [2] - Hassett believes that the Fed has sufficient room for significant rate cuts and will make interest rate decisions based on his judgment [2] - Zelensky refused to "cede territory" and will submit an updated peace proposal to the US on the 10th. He first relented and was willing to hold elections. Ukraine is consulting with the US and Europe on three key documents, and the US is pressuring Zelensky to make a quick decision [2]