黄金爆发重回3400美元！A股超3800股上涨，首款鸿蒙电脑亮相

Core Viewpoint - The article highlights the recent upward trend in international gold prices, with a year-to-date increase of nearly 30% as of May 8, 2023, driven by various economic factors and market dynamics [4][9]. Gold Market Overview - As of May 8, 2023, the price of London gold is reported at $3,407.41 per ounce, reflecting a daily increase of 1.29% and a year-to-date increase of 29.85% [2]. - COMEX gold prices also show a similar upward trend, reaching $3,413.20 per ounce, with a year-to-date increase of 29.32% [2]. - Domestic gold prices have surpassed 1,000 yuan per gram for several brands, indicating strong demand in the physical gold market [5]. Economic Influences - The Federal Reserve maintained the federal funds rate target range at 4.25% to 4.50%, marking the third consecutive meeting without a rate change since January 2023 [5]. - Market analysts suggest that the ongoing uncertainty surrounding U.S. tariffs and geopolitical factors continues to support gold prices, creating a scenario where gold is likely to remain in an upward trend as long as long-term U.S. Treasury yields stay above 4% [9]. Short-term and Long-term Outlook - Short-term risks of price corrections are acknowledged, with expectations of a potential adjustment range of 5% to 10%, influenced by developments in U.S.-China tariff policies [10]. - Despite short-term volatility, the long-term investment value of gold remains widely recognized, driven by persistent global uncertainties and inflationary pressures [7][9]. Market Sentiment - The influx of investments into gold ETFs has significantly contributed to the recent price surge, with a noted increase of 29.4% in gold prices in the first four months of 2023 [10]. - Analysts emphasize the need for the market to digest the rapid price increases, suggesting that while the fundamental factors supporting gold prices remain intact, a period of consolidation may be necessary [10].